MIAMI — After 12 years with the Miami Heat, Dwyane Wade needed a reminder of how much the franchise valued him.

Once he got it, any chance of his leaving vanished.

Wade accepted a $20 million, one-year deal Thursday to stay with the Heat next season, ending his latest foray into free agency and wrapping up a weeks-long saga that had him seriously wondering about leaving for the first time.

A pair of conversations, first with the Heat CEO, Nick Arison, and then another with the managing general partner, Micky Arison, reminded Wade of what he meant to the team and from there it was a matter of making numbers work.

“Sitting down with Nick, sitting down with Micky and having conversations with them that I’ve never had, that was big for me,” Wade said. “I’ve never had a business conversation with one of them. … They got to show me how much they really wanted me to be here, how important it was for them that I continue to wear one jersey.”

Without those conversations, Wade said, “I don’t think we would be at this point.”

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HORNETS: Frank Kaminsky, the first-round draft pick, signed a contract.

The team didn’t release terms of the deal.

WIZARDS-BUCKS: A person familiar with the negotiations said Washington is close to acquiring forward Jared Dudley from Milwaukee for a future second-round draft pick.

Earlier this week, Dudley decided to exercise his player option for a $4.25 million contract with Milwaukee next season rather than become a free agent.

SPURS: Tim Duncan will return for a 19th season.

Duncan told the San Antonio Express-News that “I’ll be on the court next year.” Until Duncan made his announcement, there was speculation he could call it a career after the Spurs lost to the Los Angeles Clippers in a seven-game series in the first round of the playoffs.

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TRAIL BLAZERS: A person with knowledge of the negotiations said Damian Lillard has agreed to terms with Portland on a five-year extension worth more than $120 million.

Lillard’s contract could be worth up to $129 million, depending on the salary cap.

 Ed Davis agreed to terms on a three-year, $20 million deal, said his agent, David Bauman.

CAVALIERS: Center Timofey Mozgov underwent right knee arthroscopic surgery and will be out about six weeks.

On Tuesday, the team picked up the $5 million option on his contract for next season.

BUCKS: A person with knowledge of the situation said free- agent center Greg Monroe chose Milwaukee over big-market suitors like the New York Knicks and Los Angeles Lakers.

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The deal is for three years and $50 million. Monroe, 25, has a player option on the final year of the deal that will allow him to become a free agent again in two years if he chooses.

PACERS: Guard Monta Ellis agreed to a four-year deal worth $44 million, a person with direct knowledge of the situation said.The deal includes a player option for the final year.

Ellis averaged 18.9 points and 4.1 assists in his second season with Dallas last year.

SUNS-PISTONS: Phoenix traded Marcus Morris, Danny Granger and Reggie Bullock to Detroit for a future draft pick, a person with knowledge of the situation said. The move was very likely a bid to clear salary space to sign free agent LaMarcus Aldridge.

The Suns met with Aldridge, one of the top available NBA free agents this summer, on Wednesday after signing former Dallas forward Tyson Chandler and re-signing guard Brandon Knight. Chandler, Knight and guard Eric Bledsoe were among a contingent from the Suns that made a pitch to Aldridge.

PELICANS: A person familiar with the negotiations said New Orleans and center Omer Asik agreed on a five-year contract worth a minimum of $44 million and rising to $58 million if incentives and benchmarks are met.

KNICKS: Arron Afflalo accepted a two-year, $16 million offer, according to a person familiar with the negotiations.


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