Heat's $42M deal with Josh Richardson latest move in expensive offseason

Contributor
Tom Gatto
Heat's $42M deal with Josh Richardson latest move in expensive offseason image

Josh Richardson's powerball numbers Wednesday:

10.2 (points per game last season with the Heat)

3.2 (rebounds per game)

2.6 (assists per game)

39.4 (field goal percentage)

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And the power ball . . .

42 (the number of millions Miami agreed to pay the shooting guard over four seasons beginning with 2018-19).

As Dwyane Wade put it . . .  

Richardson, who will turn 24 on Friday, joins teammate Tyler Johnson in getting paid after his second NBA season. The Heat matched the Nets' four-year, $50 million offer sheet for Johnson in 2016. That backloaded deal has $44 million remaining.

In fact, Miami has been flashing a lot of cash this offseason with Chris Bosh's contract coming off the books. Before completing its deal with Richardson, it re-signed guard Dion Waiters (four years, $52 million) and forward James Johnson (three years, $43 million) and signed free-agent center Kelly Olynyk (four years, $50 million).

Miami was also a finalist for free-agent forward Gordon Hayward, who chose to sign with the Celtics. Hayward's decision forced Boston to clear cap space, which in turn pushed Olynyk onto the open market.