Monday, July 19, 2010

Heat agree to terms with James Jones



A league source says that the Miami Heat have convinced forward James Jones -- who they just bought out two weeks ago to clear additional cap space for LeBron James and Chris Bosh -- to return to the Heat next season. Terms of the new deal were not immediately available.
Miami bought out the final three years of Jones's five-year, $23 million deal, paying approximately $1.8 million to Jones this year to get out of the rest of his old deal, which would have paid him $4.65 million next season. The savings gave the Heat enough cap space to convince James and Bosh to take less than maximum deals to join Dwyane Wade next season. The 29-year-old Jones had played his last two seasons in Miami but was injured for large stretches of the last two seasons.
When healthy, Jones has been a strong 3-point shooter, including a career-high 44 percent from behind the arc in 2007-08 with Portland. He would provide Miami with a solid role player who could relieve either Wade or James at either wing position

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