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Report: Chris Bosh finalizing deal to return to Heat

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Despite LeBron James' announcement that he is returning to Cleveland, Chris Bosh will re-sign with the Miami Heat, according to Yahoo's Adrian Wojnarowski

Wojnarowski reports that Bosh's deal with the Heat is a max contract worth $118 million over five years.

Bosh had also reportedly been in discussions with the Houston Rockets, who were said to have offered him a max contract as well. Earlier Friday, the Rockets reportedly tradedJeremy Lin to the Los Angeles Lakers, attempting to clear enough cap space to be able to sign both Bosh and restricted free agent Chandler Parsons.

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With Bosh back in Miami, Wojnarowski also reports that Heat are "trying to complete shorter deals with Dwyane Wade and Udonis Haslem".

- Dan Gartland