Haslem agrees to $20M deal with Heat

Published Jul. 12, 2010 1:00 a.m. ET

Udonis Haslem is staying with the Miami Heat.

Haslem signed a five-year deal Monday worth around $20 million, more than $10 million less than he could have gotten had he accepted offers from the Dallas Mavericks and Denver Nuggets.

''I would be changing my DNA if I left just for money,'' Haslem said.

Haslem has been teammates with Dwyane Wade for each of their previous seven NBA seasons, and Wade wanted that relationship to continue. When Wade, LeBron James and Chris Bosh agreed to new deals last week, each took slightly less money to allow Miami room to get other players.

And in turn, Haslem took less money to stay with the Heat as well.

''It's good to be back,'' Haslem said.

Haslem has averaged 10.0 points and 8.1 rebounds in his seven Miami seasons.