The Miami Heat has decided to exercise the team option on the contract for point guard Goran Dragic, according to multiple reports. 

Dragic is guaranteed $19.4 million this season. The deadline to make the final decision was Sunday at 5 p.m. With the move, the only way the Heat could acquire a big-name free agent is via a sign and trade. 

The Heat have been linked with several possible new additions, including Kyle Lowry . 

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