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Richardson (shoulder) exercised his $3 million player option Friday and will return to Miami for the 2024-25 season, Shams Charania of The Athletic reports.

A shoulder injury in February led to a premature ending to Richardson's 2023-24 season, but he was a rotational player prior to the injury. Overall, he averaged 9.9 points, 2.8 rebounds, 2.4 rebounds, 2.4 assists, 1.5 triples and 0.6 steals across 25.7 minutes in 43 games. The veteran wing will look to earn a similar role for the Heat in the upcoming season.

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