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Report: Chris Bosh Staying In Miami

MIAMI (CBSMiami/AP) – Now that LeBron James has informed the world of his decision to return back to the Cleveland Cavaliers, Heat fans  got good news from one of the big three.

Chis Bosh is returning to the Miami Heat.

According to Yahoo! Sports, Bosh finalized and agreement with the team and will return to Miami on a five year, $118M deal.

Bosh had said that he was waiting to see what James did before making any kind of decision.

ESPN was reporting that the Rockets were expecting a commitment from Bosh.

During his four years with the Heat, Bosh has had to take a step back from being the first option as he was for his entire career with the Toronto Raptors.

LeBron's Going Home To Cleveland

While Miami is working to get a Wade deal finalized, it's unclear when Bosh will actually sign his contract. He's expected to be in Ghana until next week. Bosh is an All-Star who averaged 16.2 points on 52 percent shooting last season, and now figures to potentially get many more shots in the Heat offensive scheme. For his career, Bosh has averaged 19.2 points in 11 NBA seasons.

Next up for the Heat: More than likely, it's a deal with Dwyane Wade, who has spent all 11 of his NBA seasons in Miami. Wade and Miami were negotiating a new contract Friday, a move that was expected from the very moment that the 2006 NBA Finals MVP opted out of a deal that would have paid him about $42 million over the next two seasons.

One thing is for sure though, with James gone and so much money to spend, the Heat are certainly going to push hard to create a new championship contending team.

This much is certain: There's no shortage of openings on the Heat roster.

Miami has agreed to deals with Josh McRoberts and Danny Granger, which should get finalized once the Heat figure how to allocate their spending now that James is gone. Guard Norris Cole was the only holdover from last season with a guaranteed contract, while young center Justin Hamilton has a partially guaranteed deal and point guard Shabazz Napier came to the Heat on draft night.

Wade and Udonis Haslem, who also opted out with hopes it would help the team keep James, will almost certainly be back, and the team thinks highly of James Ennis, who played overseas last season. But that means a ton of slots in the locker room at AmericanAirlines Arena that is currently being renovated — a fitting metaphor if there ever was one — will be available between now and training camp.

LeBron's Decision Could Have Economic Impact

(TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)



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