Still two months away from the official start of free agency, there's significant early chatter already underway if the latest ESPN insider report is to be believed. At the very least, it's believable.
There has long been a league-wide consensus building that Chris Bosh is the most likely top-tier free agent to change addresses this summer. If that holds true, Toronto would be more than wise to hitch last summer's big move - or mistake - in Hedo Turkoglu to potential sign-and-trade scenarios for Bosh.
Turkoglu still has four seasons and some $43 million remaining on the contract he signed last season with the Raptors, who held high hopes that Hedo would be the complementary piece Bosh needed to get Toronto back in contention in the East.
Instead, after a decent first half, they completed the biggest collapse of any team in playoff position when they dropped from fifth to ninth in the standings - and out of the playoffs. The Raptors literally blew up in Bosh's face this season.
So here's the question Heat president Pat Riley might soon have to ponder. Clearly, Bosh is the Heat's top free agent target (I still consider LeBron James as a free agent pipe dream, although dreams do come true). But would Miami be willing to take on Turkoglu if it meant acquiring Bosh?
Of course Riley would. The question is does Miami have enough pieces to outbid other suitors the Raptors would line up for such a deal. Houston was mentioned in ESPN's report, with some sort of deal built around big man Jordan Hill that would expand to include the likes of Shane Battier, Luis Scola or another wing.
Miami would have to get a third team involved that is either under the cap or would be willing to take on Jermaine O'Neal as part of the sign-and-trade deal. And O'Neal, a veteran who can still produce when healthy, would fit well in Houston, which would need a backup or insurance for Yao Ming moving forward.
So the Heat would essentially send out O'Neal (to Houston) and Michael Beasley, Daequan Cook and James Jones to Toronto. And the Heat could sweeten the deal by giving Toronto back that conditional first-round pick Miami acquired in the O'Neal trade last year. And the Heat also has a spare Canadian to throw in, too (Joel Anthony or Jamaal Magloire).
Toronto would get back expiring contracts, significant cap space and a chance to start over. That's far more than it would get if Bosh simply bolted to Miami on his own, which he clearly could do if he didn't like any of the Raptors other potential trade partners.
And remember, Turkoglu was one of the three top 2009 free agents Riley floated the mid-level offer to last summer in long-shot hopes one would bite and take less money to play alongside Dwyane Wade. The other two were Lamar Odom and Ron Artest.
So that would leave the Heat with a 2-3-4 trio of Wade, Turkoglu and Bosh. And did we mention that Wade and Bosh have the same agent? On top of every thing else, doing this deal (and another smaller one) by sign-and-trade would also give the Heat the ability to exceed the salary cap to resign a few of its own free agents and also use of the mid-level exception to pursue a point guard or center.
The Heat managed to win 47 games this season with Wade working with much less. A Miami Big 3 of Wade, Hedo and Bosh would place the newcomers in their proper roles. For all of Bosh's talent, he's very much Nowitzki-like in the fact that he's better served as a No. 2 option instead of having to carry a team.
And that also pushes Hedo back to the third-option role that made him the league's most improved player while with Orlando. There were near disastrous results when he was upgraded to the No. 2 in Toronto.
This free agency makeover doesn't have to be a long, drawn-out process after all. It could be as simple as Bosh (plus Hedo) and Bang. Over.
For Miami, this would very much make sense.
The question is, will all parties involved make it happen?