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There was one piece of good news on Wednesday for Beasley. He signed his rookie scale contract with the Heat, one that will pay him at much as $4.3 million this coming season.
Later Wednesday, Miami also announced the signings of center David Padgett and guard Jason Richards. Padgett shot 67 percent from the floor this past season at Louisville, and Richards led Division I with 293 assists as a senior at Davidson, which lost to eventual NCAA champion Kansas in the Midwest regional final.
"It seems like the best situation and the best opportunity for me, so I'm taking advantage of it," Padgett said.
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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