According to Adrian Wojnarodski (Yahoo! Sports), Chris Bosh is in the final stages off agreeing to a five year, $118 million contract with the Miami Heat.
Yahoo Sources: Chris Bosh agrees to five-year, $118M deal to return to the Miami Heat. http://t.co/qWUNfQ1rCQ
— Adrian Wojnarowski (@WojYahooNBA) July 11, 2014
The Houston Rockets were considered the front runner to land Bosh since rumors started swirling about LeBron James leaving for Cleveland. Once LeBron made his announcement officially, all signs pointed towards Chris Bosh heading to Houston.
Bosh was an attracttive free agent for the Rockets due to his versatility and shooting abilty. Ultimately, the Miami Heat increased their offer for Chris Bosh to $118 million, which is more than $30 million more than the Houston Rockets were offering.
The Rockets will now need to make a decision about Chandler Parsons as it looks like the summer of possibility is turning into the summer of disappointment for Houston.
There are still some FA options and trade options out there, but GM Daryl Morey is likely farther down on his list than he preferred.
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