"All three of these gentlemen up here are going to be here for a long time and they're going to be here for a long time for us to enjoy, thoroughly enjoy," Heat president Pat Riley said.
Welcome to Miami, LeBron, as Heat begin the party →
"We felt Michael had two very good years in Miami," Heat president Pat Riley said in a statement issued by the team. "We feel he will have a very productive career, and wish him nothing but the best as he moves on."
Heat, Timberwolves finalize Beasley trade →