Ellington coming back to Miami

Heat squeeze guard’s $6.3M option under cap

MIAMI — When the season was over, Miami Heat President Pat Riley stressed stability as the substance of success. As his team lined up contracts Friday at AmericanAirlines Arena, he reiterated that conviction.

“We believe,” Riley said, “that continuity has shownto be one of the important things thatwe do by keeping a team together.”

So paper was put to pen by DionWaiters, then James Johnson, followed by next season’s option picked up onWayne Ellington.

“This,” Waiters said, “is what we built. I knew where Iwanted to be.”

“It’s good to know,” Johnson said, “the upper office had the same taste in their mouth and they’re not willing to let that go. We have another crack at it.”

Now the Heat have that opportunity to take that next step, bolstered by the freeagency addition of Boston Celtics big man Kelly Olynyk, who also formally signed his Heat contract Friday.

After days of negotiations, the Heat got downto the procedural portion ofNBAfree agency, maximizing their math with moves that included finalizing the cap-relief trade of JoshMcRoberts to theDallasMavericks.

First up was the announcement of Olynyk, who signed a four-year, $50 million contract.

“As soon as Kelly Olynyk became an unrestricted free agent, we pursued him,” Riley said in a statement. “He is not only a post player, he can also play away from the basket.

“What we like the most is that he is a playmaker, tough defender and rugged rebounder. At just 26 years old, he fits in perfect with our young core that will play together in their primes.”

Olynyk made it clear that he knew what