3:37pm: The two sides have agreed on a one-year deal worth $4MM, Ethan J. Skolnick of the Miami Herald tweets.
8:39am: Udonis Haslem is finalizing a deal to stay in Miami for his 14th season, tweets Tim Reynolds of The Associated Press. The veteran power forward has been in negotiations with the Heat this week and is hoping to receive a contract for something more than the veteran’s minimum.
Haslem, 36, has been with the franchise since 2003, but has seen his playing time drop steadily in recent years. He appeared in 37 games with Miami this season, averaging 1.6 points and 1.8 rebounds in 7.0 minutes of action. Team president Pat Riley recently singled out Haslem for becoming a mentor with younger players and said he would like to keep him for another season.
The Heat may need Haslem on the court more often next season if Chris Bosh‘s availability remains limited by health issues. Another veteran big man, Amar’e Stoudemire, is also a free agent and may not return to Miami.