The Miami Heat signed veteran forward Udonis Haslem to a one-year contract on Thursday.
Haslem is the longest tenured player in franchise history and he will be entering his 15th season with Miami in 2017-18. This contract was expected all along, with Miami working out other aspects of the roster first. Haslem gives Miami a dependable veteran and leader off the bench.
“It is a great, great, day to have Udonis Haslem sign a contract for his 15th season with the Miami Heat,” said Heat President Pat Riley. “He isn’t just Mr. 305, he is a true patriarch of the team. Today we are proud to announce that he is back to lead the Heat again.”
Haslem has been Miami's captain for a decade, which is another franchise record. The fan-favorite has been a member of all three NBA championships in Heat history and is likely going to have his number retired in the future. While he plays minimal minutes, Haslem makes an impact while on the court.
The Heat did not release the financial aspects of the deal, but it is expected to be for the league minimum. Miami has little money remaining after a busy off-season, but could still make some moves to round out the roster before the regular season.
While Haslem has not publicly commented on his retirement plans, it is possible this season could be his final one in the NBA. The 37-year old has a lot of minutes and work under his belt. As a de facto coach on the team already, Haslem could have a future on Miami's bench albeit in a suit.
The Heat will begin their preseason schedule in October.