Udonis Haslem opts out of contract with Miami Heat

Jun 10, 2014; Miami, FL, USA; Miami Heat forward Udonis Haslem (40) reacts prior to game three of the 2014 NBA Finals against the San Antonio Spurs at American Airlines Arena. Mandatory Credit: Steve Mitchell-USA TODAY Sports
Jun 10, 2014; Miami, FL, USA; Miami Heat forward Udonis Haslem (40) reacts prior to game three of the 2014 NBA Finals against the San Antonio Spurs at American Airlines Arena. Mandatory Credit: Steve Mitchell-USA TODAY Sports /
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Udonis Haslem, an 11-year veteran of the Miami Heat organization, has elected to opt out of his contract and become an unrestricted free agent, according to a report by Ethan Skolnick of Bleacher Report.

Fans of the Heat need not frown, though. This has been the plan all along.

By opting out, Haslem can sign a longer-term deal for more guaranteed money in total but less in the immediate future. That will create more breathing room for Pat Riley to bolster the roster through free agency.

He had a player option worth $4.6 million for next season, but now he can sign for up to four years for twice as much money.

His loyalty to the franchise and his years of service will surely generate him a generous deal.

While no longer a key member of the rotation, Haslem remains a serviceable forward and a beloved locker room leader.

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He averaged 3.8 points on 50.7 percent shooting, including 3.8 rebounds and 0.3 blocks in 46 games for the Heat during the regular season.

Haslem is Miami’s all-time leader in rebounds with 5332. He’s also second in games played (715) and eighth in total points (6127).