Guard Dion Waiters, who played some of the best basketball of his career during the Heat’s magical run after the All-Star break, is finalizing a new contract with the Heat, ESPN first reported Wednesday.
Basketball Insiders reported a four-year, $52 million deal was being discussed.
Waiters also spoke with the Knicks and Lakers but ultimately decided to stay with Miami.
The Heat, meanwhile, continues to work on a new deal for free agent forward James Johnson, who has said he very much wants to remain with Miami.
Waiters, a linchpin in Miami’s 13-game winning streak after the All-Star break, repeatedly has said that he wanted to remain with the Heat.