Sleep easy, Heatians: Eddie House isn’t going anywhere. According to Mike Wallace of ESPN.com’s Heat Index, House has accepted his player option for next season and will spend the 2011-2012 campaign — in whatever length the lockout allows — with the Heat.
House’s option is worth approximately $1.4 million next season, per Storytellers Contracts — a reasonable cost for an effective spot shooter. House’s skill set is quite limited, but Miami will retain him on the cheap and have another backcourt option in case their other plans (namely, the recently drafted Norris Cole) go sour. This isn’t the kind of move that alters any sense of the team or the league’s balance (as good as House is at what he does, shooters of his breed are a very replaceable NBA commodity), but one that nonetheless makes a decent amount of sense for all parties involved.
Mario Chalmers may or may not be with the Heat next season. Cole is an incredibly intriguing prospect, but still unproven as an NBA-caliber player. Mike Bibby likely won’t be re-signed. All of that leaves House as a possible fail-safe; even if Chalmers ends up on another roster, Miami will — at the very least — have Cole and House to fill in minutes alongside Dwyane Wade in the Heat backcourt. Free agency will undoubtedly bring an entirely new set of options to the table, but House is the safe incumbent. He’s far from ideal, but he can manage to be productive in limited minutes if need be, and will fade into the background without consequence if Miami comes up with a superior rotation player.