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Heat announce Goran Dragic re-signing

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His contract has a team option for the 2021-22 season.

Miami Heat v Boston Celtics - Game Two Photo by Garrett Ellwood/NBAE via Getty Images

Although free agents could start negotiating with teams at 6 p.m. on Friday, they couldn’t put pen to paper until today at 12:01 p.m. And the Miami Heat announced that Goran Dragic re-signed with Miami earlier today.

Dragic’s contract is a two-year, $37.5 million deal, with the second year being a team option. Dragic will earn $18 million this season.

In a statement, Pat Riley called it “essential” to bring back Dragic. The 34-year-old point guard played a vital role during Miami’s 2019-20 season, first as the sixth man role during the regular season and then a starter for the playoffs. There, he played arguably the best basketball of his career.

Unfortunately, he suffered a plantar fascia tear in Game 1 of the NBA Finals. He returned in a limited role in Game 6, but has said that he has recovered. He will probably go back to a sixth man role for this upcoming regular season.

The Heat are expected to announce the signing of Meyers Leonard later today, with Miami’s outside free agent signings (Moe Harkless and Avery Bradley) in the coming days.