When news initially broke shortly after 6 p.m. June 30 that Victor Oladipo would return with the Heat, it was reported to be a one-year, $11 million contract. But today, Anthony Chiang of the Miami Herald said the Heat and Oladipo agreed to restructure the deal for more flexibility.
Oladipo's new deal with Heat has changed. Instead of previously reported one-year deal worth $11 mil, it's now going to be two-year deal with smaller salary this season and player option in second year.
Less money gives Heat more room to avoid luxury tax and potential hard cap.