Heat Sign Steve Settle III; Waive Madsen

MIAMI, FL – The Miami HEAT announced today that they have signed forward Steve Settle III. Per club policy, terms of the deal were not disclosed.

Settle III started in all 31 games he appeared in last season at Temple and averaged 12.6 points, 6.2 rebounds, 1.7 assists, 1.00 steals, 1.00 blocks and 33.2 minutes while shooting 47.8 percent from the field, 41.6 percent from three-point range and 73.6 percent from the foul line. He led the team in rebounds, blocks, minutes and three-point field goals made and finished second in free throws made and third in points, assists, steals and field goals made. Additionally, he appeared in five Summer League games with the HEAT, including two during the California Classic in San Francisco and three during the NBA2K26 in Las Vegas, and averaged 2.2 points, 2.4 rebounds, 1.00 steals and 1.00 blocks.

Steve Settle III for 3. #HEATSummer pic.twitter.com/IV5BcgwvhZ

— The NBS Sports Hour (@NBSSportsHour) July 6, 2025

Settle III will wear number 4.

Madsen appeared in two preseason games with the HEAT, totaling nine points, five rebounds, four assists and two steals.

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Ricardo Urrusuno

He’s a diehard 305 native who roots for his hometown teams in the good, the bad, and the ugly. Recently, he graduated from FIU with an MBA, but now he’s a Lemonhead covering UM basketball. Known to be anywhere and everywhere, you may catch him at a Miami sporting event.

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