Chris Bosh will be joining Dwyane Wade as a member of the Miami Heat -- as was widely expected.
The pair confirmed in an ESPN interview Wednesday afternoon that they would sign with the Heat sometime after the NBA lifts its signing moratorium 12:01 Thursday morning.
ESPN's Chris Broussard first reported the package.
"I'm joining Mr. Wade in Miami," Bosh told ESPN. "I think we're both fine with the situation. We've wanted to play with each other and we have a golden opportunity to do it.
"Miami was the best decision for me."
What still remains unclear, is whether Bosh will sign outright or will he go via sign & trade, gaining the Raptors something in return and gifting Bosh with an extra year and $30 million US over the life of his contract. Florida has no state income tax which would help bridge the gap if Bosh signs outright.
The Raptors have until midnight to work out a deal with Miami before Bosh will legally be allowed to sign.
Previously, Toronto had turned down a number of proposals from the Heat, largely because the team is not high on former No. 2 overall selection Michael Beasley.
Various outlets reported at noon that there would be no sign and trade between the Heat and
Raptors, but until the moratorium is lifted, anything is possible. Bosh and Wade were vague about the contractual terms, but it didn't seem positive for the Raptors.
"It's not about the money," Bosh said. "It's not about anything else, except for winning. We're going to bring winning to Miami."
Via Twitter, Bosh had a message for long-suffering Raptor fans:
"Before anything else. Thank you Toronto. I wouldn't be here without you all and I will miss you. Your support and love kept me going."
Miami also hopes to add LeBron James – who will announce his intentions Thursday night – and a Bosh sign and trade would greatly help its chances of landing James because shedding Beasley would open up more cap room for James.
With Beasley on the books, Wade, Bosh and James would each have to take far less than max money due to cap space issues.
The Raptors selected Bosh out of Georgia Tech with the No. 4 selection of the 2003 draft, a pick ahead of Wade, three picks behind James. Miami president/general manager Pat Riley has long coveted the power forward.