The Miami Heat will reportedly keep guard Josh Richardson around for the foreseeable future.
On Wednesday, Adrian Wojnarowski of ESPN reported the Heat and Richardson were finalizing a four-year contract extension worth $42 million. According to Spotrac, Richardson was previously set to be a restricted free agent in 2018.
Bobby Marks of ESPN praised the Heat for securing Richardson before next summer: "Smart move by Miami locking up Josh Richardson. The Heat could not afford to get in a bidding war next summer based on their current salary.