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Come Fan with UsFriday, August 7, 2026

Ray Allen exercising player option with Miami Heat, according to report

Ray Allen will return to the Heat as they make a run for their third championship in a row.

USA TODAY Sports

Ray Allen will exercise his $3.2 million player option to stay with the Miami Heat, reports Brian Windhorst of ESPN. After initially contemplating retirement, Allen will return to Miami as the Heat make a run at their third straight championship.

Allen joined the Heat last summer and won his second NBA championship. His game-tying three-pointer with 5.6 seconds left in Game 6 against the San Antonio Spurs was one of the biggest shots of his career and was a key moment in the Heat's championship run.

Allen averaged 25.8 minutes per game last season. He averaged a career-low 10.9 points, but he fulfilled his role as a three-point specialist by shooting 41 percent from beyond the arc.

Next season will be his 18th in the NBA.

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