Deng, 29, averaged 16 points, 5.7 rebounds and 2.9 assists and 35.1 minutes in 63 games with Chicago and Cleveland last season, posting a 15.2 Player Efficiency Rating and 4.5 Win Shares.
With LeBron James announcing his return to the Cleveland Cavaliers on Friday, the Heat are in the market for a small forward. Miami this week agreed to terms with forwards Josh McRoberts and Danny Granger.
The Heat won 54 games and earned the No. 2 seed in the Eastern Conference last season before falling to the Spurs in the Finals.
ESPN sources also say that Miami is making progress in its pursuit of Luol Deng to team him with Chris Bosh and soon-to-reupped Dwyane Wade — Marc Stein (@ESPNSteinLine) July 12, 2014