First off heat from sandblasting causing distortion is NOT correct.
You need to get the metal up to enough heat to get it to turn blue. I think that approaches 500 degrees, not going to happen. Think about it, you have to heat the area up to plastic stage for a heat shrink to happen. That means the metal would have to be so hot it would instantly burn you. But you can touch the metal no problem after blasting.
You have a lot of expanding gas which is how air conditioning works. So the air blast is taking heat away from the metal. Keep in mind when you blow out a candle you are taking away too much heat for the flame to continue combusting.
Distortion happens when too much energy from impact causes the surface to expand. This makes one side of the metal longer than the other. You get too much energy from too high a pressure or too much material in the stream. Distortion can only happen when enough thickness is stretched to make the metal move. So this only happens on thinner sheet metal and when it is not is a shape that can resist the force of the stretch. Curved areas are stronger and react different to the surface stretching.
You will not distort a wheel. So do not worry.
BTW, wheels take forever to blast at lower pressures in a glass bead booth. I found I could cut the time blasting in half by first letting the wheels set in an electrolytic rust removal tank. Depending on the paint your are trying to remove you may not need to do much blasting after ERR.