While he hasn't played in the NBA for the past few seasons, Greg Oden's decision on where to sign his next contract became a big story for the league. While it was continually pushed back, Oden has selected his team. As originally reported by Marc Stein of ESPN, Oden will sign a two-year contract with the Miami Heat.
Oden, I'm told, will report to Miami on Monday to formally sign his contract. Two-year deal at league minimum with player option in Year 2
— Marc Stein (@ESPNSteinLine) August 3, 2013
Oden’s deal is for two years at the league minimum, and Stein adds that the deal will include a player option for the second year. In this way, if Oden registers a big season in 2013-14, he’ll be able to opt out of the deal following the year so as to be able to sign one more lucrative than the league minimum.
While this would seem like a no-brainer for teams given Oden’s former hype resulting in the No. 1 overall selection in the NBA Draft, there is still risk involved. Miami limited the risk by only dishing out the veteran minimum, but no one knows how Oden and his knees will hold up over part of a season, much less the entirety of one.