BAMAPHIN 22
FinHeaven Elite
James Posey was a key part of the Miami Heat's run to the NBA championship. And he wants to be a part of the title defense, too.
Posey decided Friday to exercise his $6.4 million option to stay with the Heat next season, electing not to become a free agent. He and the Heat will likely talk about a longer-term deal in the coming weeks, but for now, Posey simply wanted to ensure he'd be back for the 2006-07 campaign.
"He won a championship and really enjoyed every moment of the experience in Miami," said Posey's agent, Mark Bartelstein. "It's a place he wants to be. We kind of went back and forth about testing the market, but he'll be a free agent next year in the prime of his career. He couldn't lose either way."
With the free-agent window opening Saturday, Posey's decision answers one of many questions the Heat will face this summer.
Finals MVP Dwyane Wade is eligible for a five-year extension worth around $75 million, and neither side expects those negotiations to be stressful. Heat general manager Randy Pfund and Wade's agent, Henry Thomas, have already had conversations  and negotiations could formally begin Saturday at 12:01 a.m.
"The academic part of it is we hope that Dwyane will extend his contract," Heat coach Pat Riley said Friday. "We will have the conversation, whether it's at midnight, or tomorrow morning or at a sensible time. And we will move forward with really taking care of that as our first order of business."
Backup center Alonzo Mourning may retire, veteran guard Gary Payton is a free agent who wants to return to Miami, and Shandon Anderson is also a free agent. Any or all of them could return to the Heat, but Riley indicated again that Miami's younger players may be getting a shot at cracking the rotation by next season.
"We want to address the fact that Dorell Wright, Jason Kapono, Earl Barron, Wayne Simien, from that standpoint, along with Dwyane and Udonis (Haslem), represent the young, under-25-year-old core of youth," Riley said. "We have to start thinking about them, because we put a lot of time and effort in them."
http://www.usatoday.com/sports/basketball/nba/heat/2006-06-30-free-agency_x.htm
Posey decided Friday to exercise his $6.4 million option to stay with the Heat next season, electing not to become a free agent. He and the Heat will likely talk about a longer-term deal in the coming weeks, but for now, Posey simply wanted to ensure he'd be back for the 2006-07 campaign.
"He won a championship and really enjoyed every moment of the experience in Miami," said Posey's agent, Mark Bartelstein. "It's a place he wants to be. We kind of went back and forth about testing the market, but he'll be a free agent next year in the prime of his career. He couldn't lose either way."
With the free-agent window opening Saturday, Posey's decision answers one of many questions the Heat will face this summer.
Finals MVP Dwyane Wade is eligible for a five-year extension worth around $75 million, and neither side expects those negotiations to be stressful. Heat general manager Randy Pfund and Wade's agent, Henry Thomas, have already had conversations  and negotiations could formally begin Saturday at 12:01 a.m.
"The academic part of it is we hope that Dwyane will extend his contract," Heat coach Pat Riley said Friday. "We will have the conversation, whether it's at midnight, or tomorrow morning or at a sensible time. And we will move forward with really taking care of that as our first order of business."
Backup center Alonzo Mourning may retire, veteran guard Gary Payton is a free agent who wants to return to Miami, and Shandon Anderson is also a free agent. Any or all of them could return to the Heat, but Riley indicated again that Miami's younger players may be getting a shot at cracking the rotation by next season.
"We want to address the fact that Dorell Wright, Jason Kapono, Earl Barron, Wayne Simien, from that standpoint, along with Dwyane and Udonis (Haslem), represent the young, under-25-year-old core of youth," Riley said. "We have to start thinking about them, because we put a lot of time and effort in them."
http://www.usatoday.com/sports/basketball/nba/heat/2006-06-30-free-agency_x.htm