Apr 3, 2013; Portland, OR, USA; Portland Trail Blazers former center Greg Oden smiles while watching the Trail Blazers play against the Memphis Grizzlies at the Rose Garden. Mandatory Credit: Craig Mitchelldyer-USA TODAY Sports

Greg Oden’s contract with Miami Heat is only for one season

When Greg Oden signed with the Miami Heat earlier this month, it was widely reported that the deal included one guaranteed season and an option on the second year.

A few days later, confusion began to ensue as there was a reported option, but nobody was sure if it was a player option or if it was a team option.

Apparently, it’s neither as Oden’s deal with the Miami Heat is for one year only.

Per Mark Deeks:

In there of note: Greg Oden’s deal with the Heat is only for one season. Not one year with an option for a second – just one year in total.

Reports have suggested that Oden turned down more lucrative offers (the New Orleans Pelicans were offering at least $4 million for a season) and now apparently longer offers to sign with the Heat, which may be a reason the saga took so long to unfold.

That said – Oden didn’t take the money or security, rather opting for playing time and situation and it’s hard to begrudge him for that. Even if it seems like he’s trying to coattail a bit.

Tags: Greg Oden Miami Heat