Miami Heat Receive: F Julius Randle, 2023 First-Round Pick (NYK)

New York Knicks Receive: G Tyler Herro, G/F Duncan Robinson

Even if these teams still view each other as rivals, they may view this as a desirable deal. Either team could decide that they’re getting the upper hand in this exchange.

The New York Knicks may have buyer’s remorse over the contract they handed Julius Randle. He’s on long-term, fringe star money that his production didn’t meet in 2021-22.

The two sides now look headed for a divorce. The Knicks could feel smug in convincing the Miami Heat to absorb his contract.

On the other hand, the Miami Heat surely regret handing Duncan Robinson the money they did. He was virtually unplayable in this year’s playoffs. Robinson is a sharpshooter, but he was too defensively limited for regular spin when it mattered.

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This deal has these two sides exchanging problems. The Knicks are likely receiving the most valuable trade chip in the deal in the young Herro, but the Heat are being compensated with a first-round pick.

Will it be enough for them?