Minneapolis ? The Miami Heat just cleared a little more room for LeBron James.

A person with knowledge of the deal tells the Associated Press that the Heat have agreed to send forward Michael Beasley to the Timberwolves for Minnesota’s 2011 second-round pick and a swap of future first-round picks.

The Heat wanted to clear more cap room when James made his announcement on Thursday night that he was joining Dwyane Wade and Chris Bosh. The deal ensures that the Heat can pay all three stars and add some supporting cast to make a run at the title.

Beasley was the No. 2 overall draft choice in 2008 but hasn’t lived up to the billing yet. He averaged 14.8 points and 6.2 rebounds last season for the Heat.