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Source: Miami Applies for DPE to Land Josh Smith

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The Miami Heat have formally applied to the league office for a Disabled Player Exception in the wake of Josh McRoberts’ season-ending knee injury in a move they hope will help them land free agent Josh Smith, according to league sources.

Sources told ESPN.com on Monday night that the Heat have launched the application process in hopes of being granted the exception before Smith picks his next team once he clears waivers.

At present, Miami can offer only a $1.4 million veteran minimum contract to Smith, but a DPE after losing McRoberts would be valued at $2.65 million.

via Marc Stein of ESPN