Report: Heat, Dion Waiters agree to two-year, $6 million deal

The Miami Heat and free-agent shooting guard Dion Waiters have agreed to a two-year deal worth the mid-level exception.

Your teams on the go or at home. Personalize SI with our new App. Install on iOS or Android.

The Miami Heat and free-agent shooting guard Dion Waiters have agreed to a two-year deal worth the mid-level exception with a player option in year two, The Vertical’s Adrian Wojnarowski reports.

Tim Reynolds and Jon Krawczynski of the Associated Press first reported the agreement.

Waiters was a restricted free agent until the Oklahoma City Thunder rescinded his one-year, $6.7 million qualifying offer last week, making him free to sign with any team.

Miami will now try to fill the void left at shooting guard by the departing Dwyane Wade with some combination of Waiters, Josh Richardson and Tyler Johnson, who the Heat locked up after matching a four-year, $50 million offer from the Brooklyn Nets earlier in the month.

The team also re-signed center Hassan Whiteside to a max deal this summer, and brought in veterans Derrick Williams, Willie Reed, Luke Babbitt and Wayne Ellington.

• Where should the NBA move the 2017 All-Star Game?

Waiters, a 6'4" wing, played in 78 games for the Thunder last regular season, averaging 9.8 points and 2.6 rebounds in 27.6 minutes per game. He joined Oklahoma City midway through the 2014–15 season in a trade from the Cleveland Cavaliers.

The No. 4 overall pick of the 2012 NBA draft out of Syracuse, Waiters has averaged 12.8 points, 2.5 assists and 2.6 rebounds per game in his four-year NBA career.

– Kenny Ducey