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Ray Allen has decided to exercise his $3.2 million player option giving the Miami Heat a luxury tax bill of about $30 million for next season.
The option gives players the right to extend their contract for one more season at a salary no less than the prior year's amount.
Allen's decision impacts Mike Miller's status. If the Heat uses the amnesty provision to release Miller, they can save $14 million in tax payments.
Team president Pat Riley has said he would like to keep Miller, but the decision is up to owner Micky Arison.
Heat veterans James Jones and Rashard Lewis also picked up player options for next season.
Allen averaged 10.6 points and shooting 55 percent on 3-pointers in the NBA Finals. His buzzer-beater in Game 6 that forced overtime is one of the biggest clutch shots in Finals history.
He proved his durability during the regular season, playing in 79 games, and averaged 10.9 points while shooting 42 percent from 3-point range
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Heat's Ray Allen exercises $3.2-M player option