Posey exercises option stays with Heat

James Posey was a key part of the Miami Heats run to the NBA championship. And he wants to be a part of the title defence, too. Posey decided Friday to exercise his $6.4 million US option to stay with the Heat next season, electing not to become a free agent. He and the Heat will likely talk about a longer-term deal in the coming weeks, but for now, Posey simply wanted to ensure hed be back for the 2006-07 campaign. Source: >http://www.tsn.ca/nba/news_story.asp?ID=170124