Heat Rumors: Victor Oladipo Agrees to 1-Year, $11M Contract in 2022 NBA Free Agency

Erin WalshJune 30, 2022

MIAMI, FL - MAY 2: Victor Oladipo #4 of the Miami Heat looks to pass the ball against the Philadelphia 76ers during Game 1 of the 2022 NBA Playoffs Eastern Conference Semifinals on May 2, 2022 at FTX Arena in Miami, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2022 NBAE (Photo by Issac Baldizon/NBAE via Getty Images)
Issac Baldizon/NBAE via Getty Images

The Miami Heat and veteran guard Victor Oladipo have agreed to a one-year, $11 million deal that will keep him in South Florida, according to Shams Charania of The Athletic and Stadium.

Oladipo joined the Heat during the 2020-21 season in a trade from the Houston Rockets. However, he only appeared in four games for the franchise before suffering a quad injury that sidelined him for the remainder of the year.

Despite only appearing in four games, Miami re-signed the 30-year-old to a one-year deal in August 2021. At the time, The Athletic and Stadium's Shams Charania reported that he would return to the open market in 2022 in hopes of signing a big contract.

Oladipo then missed most of the 2021-22 season while recovering from surgery on his quadriceps tendon. He didn't make his debut until March 8 and was in and out of the lineup after that.

In eight regular-season games, the Indiana product averaged 12.4 points, 2.9 rebounds and 3.5 assists while shooting 47.9 percent from the floor and 41.7 percent from deep. He also appeared in 15 playoff games, averaging 10.6 points, 3.4 rebounds, 2.1 assists and 1.3 steals.

It's no surprise Miami opted to re-sign Oladipo. When healthy, he is one of the most effective guards in the NBA. During the 2017-18 season, his last fully healthy year, he averaged 23.1 points, 5.2 rebounds and 4.3 assists while shooting 47.7 percent from the floor and 37.1 percent from deep in 75 games en route to an All-Star selection.

That said, Oladipo should play a significant role in Miami's rotation during the 2022-23 season. If he can stay healthy, the Heat will again be one of the most feared teams in the Eastern Conference.