Not being picked in this year's NBA Draft did not trouble former Michigan point guard Daniel Horton.

Horton expects that the Miami Heat will sign him to a free agent deal before summer league begins.

"It's a better deal than being drafted in the second round," he said. "I may even have a chance to win a championship with them, and I could have a chance to play," said Horton.

Miami confirmed on Monday that Derek Anderson had picked up his $2.5M option as expected, and that the team now has to wait to find out the status of forward James Posey.

Agent Mark Bartelstein said Monday that today's deadline for Posey's 2006-07 opt-in has been shifted to Friday, instead of the previous deadline of 24 hours before Wednesday's 7:30 p.m. NBA Draft.

The South Florida Sun-Sentinel expects Posey to opt out, considering his strong play during the playoffs.  Posey was scheduled to make $6.4 million next season.

Miami's Pat Riley said he hopes to quickly reach a deal with Dwyane Wade on a contract extension when he becomes eligible July 1.

Wade is signed for next season at $3.8 million and is eligible for a maximum five-year extension worth between $75 million and $85 million.

Even though he would prefer not to, Jason Williams said he will undergo surgery to alleviate right knee tendinitis that bothered him much of the season.

Derek Anderson, facing a Friday deadline, said he exercised the opt-in in his contract that requires the Heat to pay him $2.5 million next season.

He plans to meet with Pat Riley though, to determine whether or not he will receive significant playing time next season. If indications are that he will be on the bench, he will seek a buyout.

Ratings for ABC's coverage of the Miami victory over Dallas in the NBA Finals were up 12 percent over last year's series.

The six-game average rating was an 8.5, surpassing the 7.6 the network drew for San Antonio's victory over Detroit last year. The games drew an average of 13 million viewers, 13 percent higher than last season's average of 11.5.

The 10.1 rating for Miami's series-clinching victory Tuesday night was up 15 percent from the 8.8 that Game 6 drew last year.

The Miami Heat have returned home and plans are in the works for their victory parade.

The parade will be held Friday from 2 PM to 4 PM and will be followed by a huge celebration.

The Heat defeated the Dallas Mavericks yesterday to win the NBA Championship.

James Posey can opt out of the final year of a four-year deal, which would pay him $6.4 million next season, but the chances of finding a better deal with another team is slim.

''We made a pact we wouldn't discuss it until the playoffs are over,'' agent Mark Bartelstein said, adding Posey must inform the Heat by Sunday. ``He would love to stay. We'll have to look at everything.''

Bartelstein confirmed one option would be opting out and trying to negotiate a long-term deal with the Heat.

As Miami won their first NBA title in Dallas, thousands of fans celebrated in the team's arena 1,100 miles away, jumping on seats and screaming as the clock wound down.

When the buzzer sounded Tuesday night, ending the Heat's 95-92 win over the Mavericks, Heat fans ran out the front door of the AmericanAirlines Arena yelling, "We're the champions!" Someone lit fireworks and others passed out the front page of The Miami Herald with the word "Champs" on it.

More than 10,000 people celebrated inside the downtown Miami arena after watching the live broadcast from Dallas on the big screens.

The Miami Heat are the NBA's 2005-2006 champions after defeating the Mavericks in Dallas.

Wade had 36 points and 10 rebounds en route to winning the Playoffs MVP trophy.

For Dallas, Dirk Nowitzki scored 29 points and grabbed 15 rebounds, but the Heat were able to stave off the Mavericks in game six.

The Heat came from behind in the series after losing the first two games in Dallas. Down 2-0, the Heat won their next four to win the franchise's first NBA championship.