Dion Waiters said he decided not to undergo ankle surgery last March, which would have forced him to miss eight to 10 months.

The Miami Heat re-signed Waiters on a four-year, $52 million deal.

Waiters continues to push through discomfort in his ankle as training camp gets underway.

"Some days you're going to feel great, some days it might be just one of them days," he said following practice at Florida Atlantic University. "You have to push through it and be smart about the whole situation.

"The swelling just started going down. It's still a little bit swollen but it's not how it was before."

Waiters missed the final 13 games of last season as the Heat narrowly missed out on the playoffs.

"When I found out, it was only two choices," Waiters said. "I'm not a big fan of surgery, so I try to avoid surgery. I didn't want to be out eight to 10 months. I asked for another solution, 'What’s another way we can go about it?' We went that route, just getting it stronger, keep getting treatments every day all day. That's all I really do. But it’s fine, though. I’m good, man."

The Miami Heat have agreed upon a jersey sponsorship deal with Ultimate Software.

Ultimate Software is listed as the "Official HR/Payroll Provider of the Miami Heat."

The patches are limited to 2 1/2 inches by 2 1/2 inches.

The NBA is projecting approximately $100 million in new revenue with their jersey sponsorship initiative. 

Host Danny Leroux (@DannyLeroux) and Arturo Galletti (@AmericanNumbers) continue their annual tradition of breaking down the over/under lines for the Eastern Conference.

They go through over/unders and other relevant odds for the Bulls (2:38), Hawks (8:04), Nets (12:18), Knicks (16:42), Pacers (23:09), Magic (30:03), Pistons (37:10), 76ers (44:03), Hornets (57:50), Heat (1:03:04), Bucks (1:08:44), Wizards (1:22:04), Raptors (1:28:30), Cavs (1:35:52) and Celtics (1:52:18).

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The Miami Heat have exercised their fourth-year team option on Justise Winslow. 

Winslow, who was originally selected by the Heat in the first round (10th overall) in the 2015 NBA Draft, has appeared in 96 career games (23 starts) with Miami averaging 7.3 points, 5.2 rebounds, 1.9 assists and 29.8 minutes while shooting 40 percent from the field.

Winslow was one of eight Heat players to average double-figures in points (10.9) last season, marking the most for any team in the NBA. The former NBA All-Rookie Second Team selection appeared in 78 games in 2015-16, becoming just the fifth rookie to lead the HEAT in games played during a single-season. 

The Miami Heat have signed forward Erik McCree. 

McCree played three seasons at Louisiana Tech appearing in 99 games (98 starts) and averaged 14.9 points, 7.3 rebounds, 1.0 assists and 29.1 minutes while shooting 46.4 percent from the field, 34.8 percent from three-point range and 73.5 percent from the foul line. He became just the sixth player in school history to record at least 1,400 points and 700 rebounds in just three seasons.

During his senior season, he led the team in points (585), rebounds (295), field goals made (202), free throws made (127) and minutes (1,047) as he earned All-Conference USA First Team honors. 

Josh Richardson and the Miami Heat have agreed upon a four-year, $42 million contract extension.

Richardson was a second round pick out of Tennessee in 2015.

Richardson averaged 10.2 points, 3.1 rebounds and 2.6 assists per game last season.

The deal includes a player option on the fourth year.

The Miami Heat will have interest in signing Dwyane Wade if he agrees to a bench role at their $4.3 million exception.

Wade and the Chicago Bulls are interested in a buyout to allow him to play for a contender.

Wade was recently asked by David Aldridge about what his preference would be for the coming season.

“First of all, obviously, everyone wants to compete,” Wade said. “It's no secret. We would all love to compete for a championship at the end of my career. That is one thing I would love to do. I'm not in a position right now to do that so I can't talk about what that preference is. Hopefully, one day before I'm done playing this game, I can be back in position to compete for a championship.”

Aldridge asked if it’s fair to say he will report to the Bulls and provide leadership but “in a perfect world” would “be back on another team that can compete?”

The Cleveland Cavaliers also have interest in signing Wade.

The Miami Heat have signed guard Larry Drew II. 

Earlier this month, Drew II won a gold medal as a member of the United States team at the 2017 FIBA AmeriCup. He appeared in five games and averaged 4.6 points, 5.0 assists, 2.0 rebounds, 1.00 steals and 19.4 minutes while shooting 52.9 percent from the floor.

During the 2016-17 season, Drew II played in 10 games (one start) as a member of the Sioux Falls Skyforce and averaged 8.1 points, 5.9 assists, 2.7 rebounds and 23.5 minutes while shooting 47.7 percent from the floor, 40 percent from three-point range and 71.4 percent from the foul line.

According to ESPN, Dwyane Wade is zeroed in on signing with the Cleveland Cavaliers if he reached a buyout agreement with the Chicago Bulls.

But a source close to Wade contends he will consider signing with the Miami Heat, Los Angeles Lakers or Los Angeles Clippers if he's bought out.

Wade reportedly enrolled his children in a South Florida school this year.

The Heat would certainly consider re-signing Wade.

The Miami Heat expect Josh Richardson to compete for their starting small forward spot against Justise Winslow and Rodney McGruder.

Winslow missed most of last season with a shoulder injury and the Heat won't gift him the job.

Richardson is more of a natural guard but he has enough length to defend small forwards.

One player source said Winslow has looked good in workouts.