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).

Draymond Green goes down, Rockets rally to spoil Warriors ring night 122-121

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Draymond Green is not the best player on the Warriors. He’s third or fourth best, depending on what you think of him vs. Klay Thompson.

But Draymond Green is the most important Warrior — what they do defensively does not work without him (and their small ball playmaking suffers as well). Without him, they are not the same.

That was on full display Tuesday night in the season opener — the night the Warriors got their 31-diamond rings and the latest banner went up at Oracle Arena. Green tweaked his knee in the third quarter and did not play in the fourth, and that’s when the Rockets outscored the Warriors 34-20 to come from behind and steal a win, 122-121.

Kevin Durant almost saved the day for Golden State with a baseline jumper as time expired — the referees called it good, but an official review showed the ball was still in his hands when the buzzer went off.

James Harden had 27 points and 10 assists to lead the Rockets. However, the real story was their revamped bench outplaying the Golden State bench — Eric Gordon looked like the sixth man of the year with 24 points, P.J. Tucker had 20 and shot 4-of-6 from three, and Luc Mbah a Moute added 14.

The Rockets made their final push in this one with Chris Paul sitting on the bench. CP3 sat the final four-and-a-half minutes of the game, and the Rockets thrived with Gordon, Harden and an old-school (meaning, like last season) offense. After the game, coach Mike D’Antoni said that Paul was out there “playing on one leg” due to his knee problem, and Paul could miss more time.

Golden State was also without Andre Iguodala, who tweaked his back lifting weights over the weekend, according to coach Steve Kerr. Not having Green or Iguodala hurt the Warriors defense, especially against an elite offensive team.

Kevin Durant’s game winner waived off, he didn’t get shot off in time

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With Draymond Green sidelined after tweaking his knee in the third quarter, the Houston Rockets were able to make a dramatic fourth-quarter comeback and upset the Golden State.

But Kevin Durant almost saved the game for the Warriors.

Down one with 10 seconds to go, the Warriors were able to get Stephen Curry a good look at a three but he missed it. The ball was volleyballed around a little, and Durant got a hold of it and took a 15-footer along the baseline that the referees on the court ruled a game-winner — but when reviewed it left his hand a fraction of a second too late.

It was the right call. And this is a big boost for the Rockets as they try to find their identity going into a long season.

 

The Warriors’ championship rings have 31 diamonds in them (VIDEO)

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Tuesday night meant the return of NBA basketball, and of course what we all wanted to see: the Golden State Warriors.

In the second game of the evening, the Warriors squared off against the Houston Rockets. Before the teams tipped, the Warriors received their championship rings in front of their hometown crowd at Oracle Arena.

Wearing special Nike hoodies with the phrase “The Champions” on the back, the Warriors received their rings to a standing ovation.

Perhaps the best part of the ceremony was finding out the official gemstone count in the rings. According to Sports Illustrated’s Ben Golliver, the rings have 31 diamonds in them.

Via Twitter:

Hmm. 31.

3-1.

3-1 lead.

Nope, doesn’t ring a bell.

Report: Cavaliers ditched Kyrie Irving tribute video idea vs. Celtics

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It was the first game for Boston Celtics guard Kyrie Irving back in Cleveland against the Cavaliers on Tuesday night. Irving spent the first six years of his career in Cleveland before being traded to the Celtics over the summer.

Of course, there was no love lost between the two teams nor between Cavaliers fans and Irving. Boston won the opening tip which Irving gathered, prompting a round of boos from the audience at The Q.

Perhaps more interesting was that the Cavaliers had a tribute video lined up for Irving but decided not to run it.

According to multiple reports, the video was set to run during a floating point in the game, but the operations folks in Cleveland never found the right time.

Another report from Cleveland.com has said that the aforementioned video had set off a few Cavaliers players.

Via Cleveland.com:

According to team spokesman Tad Carper, multiple Cavs officials, including majority owner Dan Gilbert, chose not to show the video because “we were expecting to run it at a floating opportunity based on the right moment, and we felt that moment never presented itself.”

Carper said the decision to cancel the video was not “directly” tied to the gruesome ankle injury to Celtics guard Gordon Hayward with 6:50 left in the first quarter, either.

A source with direct knowledge of Cavs’ players thinking told cleveland.com that several inside the Cleveland locker room were upset Monday upon hearing that a video was planned.

The video would have upset some inside the Cleveland locker room? I wonder which ones.