Report: Former IU star Victor Oladipo to sign deal to stay with Miami

Free agent guard Victor Oladipo has agreed to a deal to rejoin the Miami Heat for the 2021-22 season, sources tell Shams Charania of The Athletic.

In a follow-up tweet, Charania said that Oladipo’s plan is rebuild his value and return to the open market in 2022, meaning that is a one-year deal for the former IU and Pacers star guard.

Scott Agness of Fieldhouse Files is reporting via sources that the new arrangement is a veteran minimum deal.

The 29-year-old Oladipo was named an All-Star in 2018 and 2019 with the Pacers.  He has been slowed in recent years by a ruptured quad tendon he suffered in January 2019.  He missed approximately a full calendar year while recovering from the injury and hasn’t regained his All-Star form since.

The Pacers traded Oladipo to the Rockets in a four-team deal involving James Harden earlier this year, and Houston moved him to Miami at the trade deadline.  Oladipo played in four games for the Heat before he developed an issue with the same knee.  In May he once again had surgery to repair his right quad tendon.  Reports have suggested Oladipo will be able to return to the court sometime between late December and early February.

In 2013 Oladipo was named the Sporting News Men’s College Basketball Player of the Year, the National Co-Defensive Player of the Year, and a first-team All-American by the USBWA and Sporting News.

After all of his success during the 2012-13 season, his decision on whether or not enter the NBA Draft became rather obvious. Oladipo was selected with the second pick of the first round of the 2013 draft by the Orlando Magic. He played three seasons in Orlando before being traded to Oklahoma City where he played one season.

With the Pacers Oladipo become the first Hoosier since Isiah Thomas to be named an NBA All-Star.  He averaged 23.1 points, 5.2 rebounds, 4.3 assists, and a league-high 2.4 steals in 2017-18.

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