Ray Allen, Rashard Lewis sign with Miami Heat

Updated:

MIAMI (AP) — Ray Allen and Rashard Lewis have signed contracts with the NBA champion Miami Heat and will be introduced in news conferences later Wednesday.

Allen agreed to join the Heat last Friday. Lewis agreed to terms with Miami on Tuesday. Neither deal could be completed until the NBA's off season moratorium expired Wednesday.

Allen will make just over $3 million this season. He comes to Miami after five seasons with the Boston Celtics, who offered the NBA's all-time 3-point leader nearly twice as much money as the Heat were permitted to spend.

The Miami Heat already have a banner featured on their Website exclaiming, "We got Ray."  The homepage also has two photos of Allen wearing a number 34 Heat jersey.

Lewis will earn about $1.35 million from the Heat, plus another $13.7 million after getting a buyout from the New Orleans Hornets earlier this off season.

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