With the NBA Summer League in the books and the free-agent market thinning, teams are now scouring for hidden gems to round out their rosters. The Golden State Warriors, who posted a solid 3-2 record in Las Vegas, showcased a talented Summer League squad, but their standout performers are quickly becoming hot commodities. After the Los Angeles Lakers swooped in to sign Chris Manon to a two-way contract, the Miami Heat have now made their move, securing sharpshooter Gabe Madsen with an Exhibit-10 deal to lock in his G-League rights, as reported by Draft Express’s Jon Chepkevich.

Madsen turned heads in Las Vegas, averaging an impressive 10.5 points and 2.3 rebounds per game while torching defenses with a scorching 58.8% from beyond the arc. His defining moment came against the Utah Jazz, where he erupted for 22 points, draining six three-pointers in a performance that left NBA scouts buzzing. Madsen’s journey to this point has been one of persistence. After a quiet freshman year at Cincinnati, he transferred to Utah, where he spent four seasons honing his craft. In his final college campaign with the Utes, he averaged 15.2 points per game, but it was his newfound three-point precision in Summer League that cemented his status as a must-sign prospect.
Following his NBA Summer League run with the Warriors, Gabe Madsen has agreed to an Exhibit-10 contract with the Miami Heat, I’m told.
Impressed with a 22-point outburst on 6 made threes in less than 17 minutes played against the Jazz in Las Vegas. https://t.co/YxmfgdupK8
— Jon Chepkevich (@JonChep) July 26, 2025
While Madsen’s star shone brightly, the Warriors’ Summer League roster had other notable performers. Ja’Vier Francis led the team in scoring but remains unsigned, leaving the door open for other teams to pursue the dynamic forward. Meanwhile, Golden State’s 2025 draft picks, Will Richard and Alex Toohey, faced challenges in Las Vegas. Richard, known for his sharpshooting at Florida, averaged over 10 points per game but struggled with a disappointing 22.2% from three-point range. Toohey, meanwhile, contributed a modest 7.0 points and 3.8 rebounds per game, showing flashes of potential but failing to match the consistency of Madsen or Francis.
As the Heat add Madsen’s lethal shooting to their developmental pipeline, the Warriors may regret letting another Summer League standout slip through their fingers. With teams actively filling their two-way contracts and Exhibit-10 deals, the race to secure the next breakout star is heating up, and Miami’s latest acquisition could prove to be a steal.