JULY 19TH, 12:38pm: The Heat have announced that the signing is official.
“Chris Andersen has had two great seasons with us and without him, we would not have been able to win the 2013 NBA Championship,” said president Pat Riley. “I’m happy he decided to come back and we’re looking forward to a great season from him in the power rotation.”
10:13pm: Andersen’s deal is a two-year pact in the neighborhood of $10MM, tweets Marc Stein of ESPN.com.
JULY 13TH, 7:46pm: The Heat have reached agreement with Chris Andersen on a multi-year deal, a league source tells Adrian Wojnarowski of Yahoo Sports (on Twitter). Exact terms of the deal are not yet known.
The Cavs and Mavericks were among the teams known to have interest in Andersen. Andersen likely had interest in a reunion with LeBron, but he’ll stay put with a Heat squad that is expected to feature Chris Bosh, Dwyane Wade, Udonis Haslem, and Mario Chalmers. Jason Lieser of the Palm Beach Post (on Twitter) adds that the Knicks made a late run at the big man.
Andersen, 36, scored 6.6 points per game this past season, the second-highest total of his 12-year career. He also averaged 5.3 rebounds in 19.4 minutes per contest with an 18.5 PER as Miami’s first big man off the bench.