Ellington's agent, Mark Bartelstein, is reportedly working with the Suns to arrange a buyout that would allow him to join a playoff bound team, per Wojnarowski. He averaged 3.7 points in those games.
The deal provides salary-cap and luxury-tax relief for the Heat, while Johnson gives the Suns another playmaker and ballhandler to back up star guard Devin Booker. Phoenix also received rookie point guard De'Anthony Melton in the trade. He also has a 15 percent trade bonus valued at $1 million.
Johnson, 26, was in his fifth season with Miami since going undrafted in 2014.
Philadelphia is expected to keep a close on what the future holds for the ex-Miami Heat member. He turns 31 in May and is under contract through next season.More news: LeBron James drafts Dwyane Wade to play with him in All-Star Game
The Suns personnel department is headed by former Heat forward. Johnson in 44 games with the Heat this season averaged 10.8 points (42.6% FG and 35.3% 3FG), along with 2.8 rebounds and 2.5 assists in 44 games. Gambadoro reports the expectation was the Suns were going to waive and stretch Anderson in the offseason.
The 30-year-old Anderson has appeared in only 15 games this season, averaging 3.7 points and 3 rebounds per game.
Anderson started his career as a 2008 first-round pick of the Nets, the No. 21 selection out of Cal.
With the Heat having operated with a 14-player roster, one below the league maximum, and with the two-for-one trade, the Heat now must add an additional player to reach the league minimum of 14.