Atlanta Hawks v Miami Heat

UPDATE: Dwyane Wade’s has signed two-year contract with Heat

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UPDATE 4:43 pm: The Miami Heat have made it official, Wade has re-signed in Miami.

“Dwyane has been the franchise cornerstone for this team since the day he arrived 11 years ago,” said Heat President Pat Riley in a released statement. “He has shown his commitment to the Heat many times over the course of his career and has always been willing to sacrifice in order to help build this team into a champion. This time is no different. I am ecstatic to have him back in the fold and I am confident that Dwyane, as always, will be leading this team as we look to contend for NBA Championships.”

“I am proud to have spent every single day of my career as a member of the Miami Heat and to have brought three championship titles to this great city,” Wade said in his statement. “I’ve been here through the good times and the hard times. I have confidence in the Miami Heat organization and the team they are building. To all the Heat fans, in Miami and around the world, I know you will continue to show support for our team.”

Wade’s deal is two seasons starting at more than $16 million per year, with a player option on the second year.

2:23 pm: Dwyane Wade made the announcement himself on Instagram, in a way to contrast it from the guy who bolted town.

Home Is Where The Heart Is… My Home,My City,My House..#HeatLifer

We told you Wade was close to a deal with the Heat. Multiple reports confirm the deal is now done.

The deal appears to be for two years at $15 million a year, with a player player option after the first year.

Is Dwyane Wade and his knees worth that kind of money now? In the strict “would I pay a free agent from another team that?” sense no. Wade still produces when on the court, scoring 19 points a game with a very good .588 true shooting percentage and a PER of 22. But he only played in 54 games last season as part of a “knee maintenance program” and he still was slowed by the Finals, his explosiveness gone.

But it’s not about on the court, it’s about him being the face of Heat basketball for more than a decade. It’s about loyalty. It’s about rewarding/thanking him for that service. It’s about taking care of family. For the Heat and Pat Riley, they believe that if you take care of players like this other players (and their agents) see that and want to be part of that kind of organization. It’s part of what is behind Kobe Bryant’s contract with the Lakers (although the money he still draws in there impacts that decision as well).

Dwight Howard commits ridiculously sloppy inbound violation (video)

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An embarrassing lack of focus by the Rockets? I can hardly believe it.

Late in a game against a team Houston is battling for playoff position, Dwight Howard was just careless, stepping on the baseline as he inbounded the ball. It’s a needless goof, and he’ll get plenty of deserved criticism for it.

But don’t overlook Patrick Beverley‘s frustration foul on Damian Lillard before the ensuing inbound. That was nearly as foolish and even more costly.

The sequence sparked a 7-0 run for the Trail Blazers, who seized control of the game en route to a 116-103 win.

DeAndre Jordan dunks on Marcus Smart before Smart knows what’s happening (video)

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Marcus Smart went to tag DeAndre Jordan on the pick-and-roll, and Jordan took off from so far from the basket, he was dunking on Smart before the Celtics guard could do a thing.

Chris Paul finds brilliant counter to hack-a-DeAndre Jordan (video)

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I originally favored allowing Hack-a-Shaq as the NBA currently does. I found the strategy fascinated – why and when teams would use it and how their opponents would counter.

But it just became too common. Far too many games featured a parade of trips to the line, a boring stretch that made games too long. I thought the intrigue had run its course.

Then, Chris Paul pulled this move last night.

The Clippers guard saw Jonas Jerebko charging toward DeAndre Jordan to commit an intentional foul, so Paul stepped in front of an unsuspecting Jerebko and took the foul himself. That’s sent a good free-throw shooter to the line instead of the dismal Jordan.

Just an awesome heady play by Paul.