MIAMI (AP) - Greg Oden has signed his contract with the two-time defending NBA champion Miami Heat.
The deal was completed Wednesday. The former No. 1 overall pick has already spent a few days in South Florida taking his physical and working out some contract language.
Oden announced Friday that he was accepting Miami's offer that will pay him about $1 million this coming year and includes a player option for the 2014-15 season. He last played in the NBA on Dec. 5, 2009, sidelined since by a series of major knee problems.
Heat managing general partner Micky Arison announced the deal, posting a tweet to congratulate Oden and saying ``the journey continues.''

Top NBA Public Bets

NBA Top Stories

Thumbnail NBA Finals Odds After a year of waiting, we finally have the Cleveland Cavaliers and Golden State Warriors set to meet in the NBA Finals for a third straight time. Here’s a look at the odds to win...
Thumbnail Cavs vs. Celtics Game 5 Pick Will the Cleveland Cavaliers close out the Eastern Conference Finals with a big win when they face the Boston Celtics tonight in Game 5 at...
Thumbnail Celtics vs. Cavs Game 4 Pick Will the Cleveland Cavaliers bounce back after an embarrassing loss when they host the Boston Celtics tonight in Game 4 at...
Thumbnail Warriors vs. Spurs Game 4 Pick Will the Golden State Warriors continue their dominance of the San Antonio Spurs when they meet up in Game...
Thumbnail Celtics vs. Cavs Game 3 Pick Will the Cleveland Cavaliers show any mercy to the Boston Celtics when the two meet in Game 3 of the Eastern Conference Finals tonight at...

NBA Team Pages