Pat Riley is looking for cheap options at point guard this summer, according to The Miami Herald.

He is interested in Kyle Lowry, which would require a trade with Memphis.

In terms of free agents the Heat will be able to look at Chris Duhon, Carlos Arroyo, Keyon Dooling, Anthony Johnson, Tyronn Lue, Jannero Pargo and Anthony Carter.

Miami also has a nice rookie option out of Kansas.

"I can't wait to see what Mario Chalmers can do," Riley said. But "I'm not expecting miracles from a young kid."

The Miami Heat are not expected to sign free agents to long-term deals this summer as they attempt to keep cap space open for the 2010 free agent class, according to The South Florida Sun Sentinel.

The 2010 class could include the likes of LeBron James, Chris Bosh, Kobe Bryant, Amare Stoudemire, and Miami's own Dwyane Wade.

Pat Riley would prefer to sign any and all free agents to two-year deals, allowing them to come off the books in 2010.

"The hardest thing for us," Riley said, "is to convince free agents to take short money."

Second-round pick Mario Chalmers is expected to make a push for an immediate spot in the Heat's rotation, according to The Miami Herald.

"We have a legitimate perfect fit," Riley said after drafting Chalmers, who will help fill the team's needs at point guard.

Marcus Banks is the only point guard the team has under contract. They extended a qualifying offer to reserve Chris Quinn, meaning it can match any offer he receives in free agency.

Riley said Banks is "at to the top of the depth chart, it's really sort of his job to lose."

The Cleveland Cavaliers have acquired the draft rights to forward Darnell Jackson from the Miami Heat in exchange for the lower of the Cavaliers' two second round picks in the 2009 NBA Draft.

In addition, Cleveland purchased the rights to center Sasha Kaun from the Seattle SuperSonics.

Jackson was selected with the 52nd overall pick by the Miami Heat while Kaun was selected with the 56th overall pick by the Seattle Sonics.  

Both Jackson and Kaun were four-year members of the Jayhawks and helped lead Kansas to the 2008 NCAA Championship and four straight Big 12 regular season titles.

The Miami Heat announced today they have acquired the draft rights to Mario Chalmers, selected with the 34th pick in the 2008 NBA Draft, from the Minnesota Timberwolves for two 2009 second round picks and cash considerations.

Chalmers, an early entry candidate after spending three seasons at the University of Kansas, was named Most Outstanding Player of the 2008 NCAA Tournament Final Four. He is a three-time Big 12 All-Defensive Team selection and earned Second Team All-Big 12 honors in his junior season. As a sophomore, he was named Co-Big 12 Defensive Player of the Year and earned Third Team All-Conference honors.

Even though Michael Beasley showed confidence on Wednesday when he proclaimed that he hadn't thought of playing for another other than the Bulls or Heat, he admitted otherwise on Thursday night.

"Yeah, that was going through my head," Beasley admitted when asked if he thought the Heat might pass on him with the second overall pick shortly after being taken.

Miami is reportedly considering sending the No. 2 pick and Shawn Marion to the Los Angeles Clippers for No. 7 and Elton Brand.

The Heat already has received overtures from the Raptors, Pacers, Clippers, and several other teams regarding Shawn Marion, according to a source.

Marion is seeking the type of lucrative extension Heat President Pat Riley appears reluctant to consider.

Marion became eligible to be traded only after he allowed Tuesday's 6 p.m. opt-out deadline to pass.

The Miami Heat are reportedly now considering taking either O.J. Mayo or Jerryd Bayless with the second overall pick, according to The South Florida Sun-Sentinel.

The Heat worked out both Mayo and Bayless on Tuesday, according to report on ESPN.com.

There has been continual speculation that Miami is considering passing on Michael Beasley despite his status as a consensus top-two prospect.

If Derrick Rose is chosen first overall today, as many believe, John Paxson is asking people to give the young point guard time to make an impact, the Chicago Triune is reporting.

"Every team would like to think when they have a bad year they can turn it around overnight," Paxson said. "But we have to look a few years down the road and figure out how we're going to be better."

"There are 20 teams that would love to have a really good point guard," Paxson added. "Ever since the league changed the rule out front and prohibited contact on the perimeter and you can't put a forearm on a guy and ride him, you see the success of Chris Paul and Deron Williams and the difference they made in winning and losing."

"But Deron didn't jump into this overnight. His first year, he didn't start most of the season. Utah had a little bit longer-range view on him. Whether it's us or Miami, I think the same thing applies for Derrick."