Guard Ray Allen has picked up his player option, and he will return to play for the Miami Heat next season, the team announced Friday.
Terms of deal were not disclosed, but ESPN.com reported it was a $3.2 million option.
Allen, a 17-year NBA veteran who turns 38 years old next month, appeared in 79 games for the Heat this past season, averaging 10.9 points and 25.8 minutes per game.
He ranked second on the team in games played and three-point field goal percentage (41.9 percent).
Allen's most memorable play this season came in Game 6 of the NBA championship series against the San Antonio Spurs. With the Heat trailing 3-2 in games and down by three points in the closing seconds of the fourth quarter, Allen hit a three-point shot from the corner with 5.9 seconds left to tie the game and send it into overtime.
Miami won that game in overtime, then won the deciding Game 7 to capture their second straight NBA title.