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Miami Heat News: Heat Sign Kelly Olynyk to Four-Year, $50 Million Deal

Kelly Olynyk Miami Heat

After waiving power forward Chris Bosh and striking out on the Gordon Hayward sweepstakes, the Miami Heat have used a bulk of their salary cap to sign free agent Kelly Olynyk to a surprise deal worth $50 million over the course of four years.

According to Greg Lawrence, the deal will include a player option in the fourth year.

Olynyk would be filling a much-needed void in the frontcourt for the Heat as the team had been lacking a true power forward on the team. With Olynyk’s deal in place, the Heat now look to finalize a deal with swingman James Johnson.

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