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Greg Oden’s Miami Heat contract only for a single season, according to report

Aug 14, 2013, 11:33 AM EDT

Miami Heat via Twitter

The Miami Heat made quite a few headlines when they were able to add Greg Oden on a minimum deal earlier this summer. The reigning NBA champions were lauded for the move considering they had locked up the former No. 1 pick for just the NBA’s veteran’s minimum, but it turns out the contract didn’t end up exactly as it was originally reported.

It was originally reported by numerous sources that the contract would give Oden the option of re-upping the deal next summer if he chose to do so.

The indispensable Mark Deeks of ShamSports reports that the contract submitted to the league is simply a one-year deal, however, with no second-year option for either side included.

Greg Oden signed a guaranteed one-year minimum salary contract on August 7, 2013. Oden is actually being paid $1,027,424, the minimum salary for a five-year veteran, but as, his minimum salary contract is only for one year and he has more than two years of experience, the team is only billed an amount equal to the minimum salary of a two-year vet. The league pays the rest.

This isn’t exactly earth-shattering news, but it is interesting that Oden accepted a minimum deal without any real security past this season. Considering that both he and members of the Heat have intimated that he’s likely not going to play much of a role early in the season as he returns to basketball shape — and hopefully full health — it’s interesting that he wouldn’t have pushed for at least the option of re-upping his contract for a second season with the Heat. Even if it was only at the minimum, it at least would have given Oden some options next year, regardless if this season goes better or worse than expected.

  1. 1972wasalongtimeago - Aug 14, 2013 at 11:51 AM

    The contract is the only thing about Oden that isn’t as long as advertised.

    • pl4tinum514 - Aug 14, 2013 at 2:26 PM

      how about his tab at the local bars

  2. canehouse - Aug 14, 2013 at 11:56 AM

    Riles sticking with his plan of having most players contracts clean or options on being clean by the end of the 2014 season.

  3. lacolem1 - Aug 14, 2013 at 12:07 PM

    Yeah, they’re looking for flexibility in 2014. If he plays well, they’ll try to re-up and probably let Bosh go on the market.

    • senorpapino - Aug 14, 2013 at 12:30 PM

      Seriously doubt Bosh opts out because he isn’t getting another max deal.

      • heat256 - Aug 14, 2013 at 12:47 PM

        Have you seen some of the lesser players who got head scratching deals lately? Bosh will get a max contract hands down.

      • borderline1988 - Aug 14, 2013 at 1:12 PM

        Those ‘lesser’ players were restricted FAs signing their first contract after their rookie deals.

        Although Bosh is pretty close to a ‘max-type’ player. On a team where he’s not the 3rd option, he could probably be a 22 and 8 player. And while his defense isn’t great, it’s not terrible either. I see him as one or two levels better than Al Jefferson, who got $13.5m per year.

        I can see him in the $15 – $17 million range.

      • beach305 - Aug 14, 2013 at 1:23 PM

        The only forward I would take before Bosh is David West. All the others are either one dimensional or are often injured.

      • borderline1988 - Aug 14, 2013 at 1:54 PM

        Lamarcus Aldridge? Tim Duncan? Dirk Nowitzki? Those guys are as good as Bosh. Zach Randolph and Pau Gasol are pretty good too.

        And then there’s a handful of up and coming forwards that have some potential to be as good as Bosh, such as Blake Griffin, Demarcus Cousins, Kevin Love.

        But I get your point. You know what you’re getting with Bosh. Consistently healthy, average defense, decent rebounding (for a starting forward), excellent jump shooting and finishing ability, and ability to create offense one-on-one.

      • beach305 - Aug 14, 2013 at 2:24 PM

        Duncan is to old at this stage. He wasn’t even on the court at the end of games during the finals.

        Bosh defense is better than Dirks, and you have to play D for Miami.

        Everyone else have red flags.

      • adamsjohn714 - Aug 15, 2013 at 11:21 AM

        Hahaha Love has a chance to be as good as bosh? He’s already 3x the player bosh is. When healthy, Love is a top 5 player in the NBA.

    • kinggw - Aug 14, 2013 at 3:03 PM

      Why would the Heat want to get rid of a guy who is just entering his prime, shot a career high percentage from the field, who is underrated defensively, and despite a drop in production is still averages 20 and 9 for his career?

      There are guys who put up bigger numbers, but few are more valuable to their team. Bosh selflessly plays out of position and graciously accepts his role as a tertiary option for the greater good of the Heat. I don’t think players like Aldridge and/or Love could sacrifice their egos to do the same.

      Bosh isn’t going anywhere unless he wants to. He had a poor series against the Pacers and Hibbert but so did Chandler who is supposed to be a defensive specialist. Just because he no longer averages 20 and 10 doesnt mean Bosh’s game has gone away. Bosh is still arguably one of the top 3 power forwards in the league.

  4. beach305 - Aug 14, 2013 at 12:53 PM

    Heat are looking to reload next year.

  5. jcarne9014 - Aug 14, 2013 at 1:49 PM

    I just don’t get it. Even 100% healthy, this guy is nowhere near an NBA-caliber player. Makes Sam Bowie look like Kareem.

    • ProBasketballPundit - Aug 14, 2013 at 2:15 PM

      Is there any way to prove your claim? Oden has never been 100% in the NBA. And I’m definitely not a fan of the Heat signing him, but in a theoretical universe where Oden is 100% I would think he’s a huge improvement over Joel Anthony. He would at least give the Heat the option to go big against big teams like Indiana.

  6. dezglobal - Aug 14, 2013 at 2:01 PM

    Riley is one smart smart businessman.

  7. anarchopurplism - Aug 14, 2013 at 10:27 PM

    How can the dude only be a 5-year vet? He’s like……50!

    Old in the face!

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