Dion Waiters has agreed to sign with the Miami Heat on a two-year, $6 million deal. Waiters will hold a player option in Year 2.

The Heat can sign Waiters with their Room MLE.

Waiters could have previously signed the $6.8 million qualifying offer with the Thunder at any point until it was withdrawn on July 18th.

Several teams expressed interest in Waiters at the start of free agency but expected the Thunder to match an offer sheet.