What happened: The Miami Heat have officially signed guard Tre Donaldson to a two-way contract. The deal adds a young guard to Miami's backcourt rotation ahead of the 2026-27 season.

Why it matters: Two-way contracts let teams develop young talent between the NBA roster and their G League affiliate without using a standard roster spot. For Miami, the move deepens the guard rotation and gives the front office a low-risk look at a developmental prospect as it rounds out the roster this offseason.

What to watch: Watch for Donaldson's minutes in Summer League action as Miami evaluates where he fits in the guard rotation heading into training camp.