LAS VEGAS – The Heat is keeping the player who set a record for most three-pointers ever by an NBA non-starter in a season.
Wayne Ellington agreed to re-sign with the Heat on Thursday evening, according to a league source. It’s a one-year deal for $6.27 million – on par with what he earned last season.
Discussions with Ellington dragged on for nearly two weeks because of the Heat’s reluctance to go heavily into the luxury tax.
Ellington’s contract puts Miami about $4 million over the $123 million luxury tax line, but the Heat is willing to pay a small tax.