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Basketball: Bosh officially re-signs with Heat

Chris Bosh on Wednesday (July 30) officially inked a new deal with the NBA's Miami Heat that was reportedly worth $118 million over five years.

MIAMI: Chris Bosh on Wednesday (July 30) officially inked a new deal with the NBA's Miami Heat that was reportedly worth $118 million over five years after turning down a maximum offer from the Houston Rockets.

"Chris Bosh is a two-time NBA champion and one of the most versatile big men in the league," said Miami president Pat Riley. "His unique skill set makes him one of the best players in the game today. I've always felt he was committed to this organization, this staff and this city. I think he's going to have the opportunity of a lifetime leading this team next season and having the nine-time NBA All-Star back in the fold was a big key for us. We are very blessed to have him."

Bosh, 30, joined Miami in 2010 to play alongside James and Dwyane Wade. The trio helped Miami win two titles and become the third franchise to make the NBA Finals in four consecutive seasons. All three opted out of their contracts last month and James returned to his hometown team in Cleveland. Wade re-signed with the Heat to a two-year contract earlier this month.

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