Hot News: Sources: Chris Bosh agrees to $118 million deal to remain with Heat

Chris Bosh has reached agreement on a five-year, $118 million contract to re-sign with the Miami Heat, league sources told Yahoo Sports.

After LeBron James announced he was leaving the Heat to return to the Cleveland Cavaliers, Bosh strongly considered a four-year, $88 million offer to sign with the Houston Rockets. He will get an additional guaranteed $30 million by re-signing with Miami.

The Heat are pushing to complete to keep Dwyane Wade and Udonis Haslem on shorter deals, sources told Yahoo Sports. Bosh, Wade and Haslem all opted out of their contracts to give the Heat cap flexibility to improve their roster after James became a free agent.

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