Veteran guard agrees to new two-year deal with Miami Heat

Dwyane Wade is staying with the Miami Heat, and his latest deal is designed to give both the player and the only franchise he has ever known some flexibility in the coming years.

Wade signed a new contract with the Heat on Tuesday. It is a two-year deal, the second of those seasons a player option, said a person familiar with the situation. The person spoke to Associated Press on condition of anonymity because neither side announced terms.