Little was waived by the Heat on Saturday.
After spending his first four seasons in Portland, Little took a step back during his time in Phoenix last season. The wing averaged just 3.4 points, 1.7 rebounds and 0.5 assists across 10.2 minutes per game. He was unable to make enough of an impression to land on Miami's final roster, so the sixth-year pro will have to look for a new opportunity.