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House returns to Heat as latest addition

After completing the greatest free-agent coup in NBA history, Miami Heat president Pat Riley continues to surround Dwyane Wade(notes), LeBron James(notes) and Chris Bosh(notes) with strong complementary talent.

The Heat have reached an agreement with 32-year-old guard Eddie House(notes) on a two-year contract for $2.8 million, his agent, Mark Bartelstein, told Yahoo! Sports on Thursday. The second year of the deal is a player option for $1.4 million.

Miami beat out the Chicago Bulls to get House. With a history of clutch shooting that includes multiple big games with the Boston Celtics over the past three years, House will help support Miami's starry core off the bench.

He also will give the Heat a well-regarded three-point shooter, with 749 treys made in his career at a nearly 40 percent conversion rate.

House played his first three NBA seasons (2000-03) with the Heat before joining eight teams over the next seven years. After playing nearly three seasons for the Celtics, House was traded to the New York Knicks as part of a package for Nate Robinson(notes) during the 2009-10 campaign.

The Heat are still weighing the possibility of signing free agent Tracy McGrady, league sources said.