Alexander has agreed to a two-way contract with the Heat, Ira Winderman of the South Florida Sun Sentinel reports.

Alexander was previously on a G League contract with the Sioux Falls Skyforce -- the Heat's G League affiliate. He's been upgraded to a two-way contract, giving him the ability to move up and down between the NBA and the G League, but he's expected to remain in the G League for the time being.

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