The Miami Heat have signed guard Luis Montero and waived Keith Benson. 

Montero appeared in 12 games with the Portland Trail Blazers last season totaling 14 points, four rebounds and an assist in 42 minutes of action. He also appeared in six postseason games with Portland totaling eight points on a perfect 3-of-3 from the field, 2-of-2 from three-point range and 1-of-1 from the foul line. While on NBA Development League assignment with the Santa Cruz Warriors last season, Montero appeared in four games (all starts) and averaged 16.3 points, 6.0 rebounds, 3.8 assists, 1.75 blocks, 1.50 steals and 28.3 minutes while shooting 41.2 percent from the field, 38.5 percent from three-point range and 78.3 percent from the foul line.

Benson, who was signed by the Heat on September 23, appeared in three preseason games with Miami averaging 7.3 points and 3.3 rebounds in 10.9 minutes of action.