Free agent Victor Oladipo has agreed to a minimum one-year contract to stay with the Miami Heat, a source told ESPN’s Adrian Wojnarowski on Wednesday.
Oladipo will continue to rehabilitate his quadriceps tendon injury until the start of the season, a source told ESPN.
The 29-year-old Oladipo emerged as an All-NBA player with the Indiana Pacers in the 2017-18 season, but has struggled with consistency on his return from a devastating knee injury suffered in 2019.
After being acquired by the Miami Heat, Oladipo injured his knee in April and did not play the remainder of the season after opting to undergo end-of-season surgery on his right quadriceps tendon in May.
Oladipo averaged 19.8 points in 33 games this season, but with low efficiency numbers (40.8% from the court).
Oladipo has not been able to fully recover from a torn quadriceps tendon in his right knee while playing for the Pacers in 2019.
It was a rare injury and required intensive recovery, as Oladipo missed a full calendar year before returning in January 2020. Since returning, he appeared in just 52 regular-season games (28 with the Pacers, 20 with the Houston Rockets, four with the Heat).
Oladipo was traded twice last season; the Pacers sent him to Houston in January in a three-team trade centered on James Harden. The Heat then acquired Oladipo in March in a deal that sent Avery Bradley, Kelly Olynyk and the right to trade 2022 first-round picks.
Oladipo turned down a $ 45 million extension offer from the Rockets last January.
ESPN’s Royce Young contributed to this story.