The Miami Heat have signed guard Derrick Walton Jr. to a Two-Way Contract.

Walton appeared in four Summer League games (one start) with the Magic in Orlando and averaged 10.0 points, 3.5 assists, 2.5 rebounds and 20.5 minutes while shooting 46.9 percent (15-of-32) from the field, 50 percent (6-of-12) from three-point range and 66.7 percent (4-of-6) from the foul line. His 50 percent shooting from downtown tied for the third-highest during the Orlando Summer League with a minimum of 10 attempts.

Walton appeared in 127 games (126 starts) at the University of Michigan, becoming the only player in program history to score at least 1,000 points, grab 500 rebounds and dish out 400 assists.