MIAMI -- The Miami Heat announced Monday that they have signed guard Derrick Walton Jr. to a two-way contract. Per club policy, terms of the deal were not disclosed.
OFFICIAL: HEAT Signs Derrick Walton Jr. to a Two-Way Contract
— Miami HEAT (@MiamiHEAT) July 24, 2017
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 3-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. Among the school's all-time leaders, he finished second in free throw percentage (.837), third in starts, fourth in assists (499), tied for fourth in 3-point field goals made (233), seventh in steals (146), eighth in minutes (4,053), tied for 15th in games played and 22nd in points (1,471). He helped lead the Wolverines to the 2017 Big Ten Championship and was named the Big Ten Tournament MVP as he continued to guide Michigan to a Sweet 16 berth in the NCAA Tournament after defeating No. 2 Louisville in the previous game. Additionally, he dished out a single-game school record 16 assists at Nebraska on March 5, 2017 and recorded just the fifth triple-double in Michigan history after tallying 10 points, 11 rebounds and 13 assists against Youngstown State on December 19, 2015.