(SportsNetwork.com) - The Miami Heat and guard Goran Dragic have agreed to a long-term contract on Wednesday's first day of free agency, according to multiple reports.
Both Yahoo! Sports and ESPN reported the contract to be for $90 million over five years. The deal cannot be officially announced until the NBA's free agency moratorium concludes on July 9.
Miami sent a pair of future first-round picks to the Phoenix Suns to acquire Dragic during February's trade deadline. The 29-year-old Slovenian averaged 16.6 points and 5.3 assists while starting 26 games following the swap, though the Heat still missed out on a playoff spot with star forward Chris Bosh sidelined by a blood clot in his lungs.
By signing Dragic to less than a maximum contract, Miami was able to free some money as the club turns its attention to re-signing Dwyane Wade. The perennial All-Star guard opted out of his contract with the Heat earlier this week.
Dragic developed into one of the league's premier combo guards with the Suns in 2013-14, averaging a career-best 20.3 points that season. He has averaged 12.2 points and 4.5 assists while shooting 36.1 percent from 3-point range over seven NBA campaigns.