James Jones exercised his player option on Tuesday and will stay with the Heat next season. Jones doesn't have much of a role with the champs, which is why he's locking into the money while he can.

James Jones has no plans to retire after the season. "Unless something crazy happens, I'll be back," Jones said in reference to his $1.5 million player option. Why wouldn't he be? He never plays, is on the best team in basketball and can be around LeBron James every day. It's a good job if you can get it.

James Jones returned to action on Wednesday January 16.

James Jones is back with the Heat after leaving the team to tend to a personal matter. In 14 appearances this season, Jones has averaged 1.4 points, 0.4 rebounds and 0.4 three-pointers in four minutes per game. That should tell you all you need to know.

James Jones (personal) will not play on Monday. This is Jones' first blurb since September when we noted his minutes would be reduced, and that's been the case throughout the year.

James Jones could have his minutes reduced this season. The Miami Herald writes that it's "difficult to envision much time for James Jones," but that's not totally unexpected given his role in the 2012 postseason. After averaging just 13 minutes per game in 2011-12, Jones could be looking at even fewer minutes in 2012-13.

James Jones could be in danger of not making the final Heat roster. With the additions of Ray Allen and Rashard Lewis coupled with a healthy Mike Miller and Shane Battier also on the team, Jones' value as a 3-point specialist is rapidly declining. He barely played in the postseason and could be shown the door in training camp if the team decides to go another route. He's not on the fantasy radar, and if waived, Jones probably wouldn't be out of work for long.

James Jones, who was said to be contemplating retirement, now says he wants to come back to the Heat despite the fact they signed 3-point shooters Ray Allen and Rashard Lewis. He wants to play out the final two seasons on his contract, which includes a 2013-14 player option, but if he wasn't able to make a huge impact without Allen and Lewis, he's going to have an even tougher time next season. "If there is a trade or anything like that, we'll cross that bridge if we get there," he said about possibly retiring. "But, like I said, I have no desire to be anywhere else but by Miami."

James Jones is contemplating retirement following the Heat winning the 2012 NBA championship. "Mentally and physically, it's taken a toll on not just on me, but for my family," Jones said. "At some point, you know the game comes to an end. You see the writing on the wall." Jones admitted that he was thinking of retirement even before this season started, so it's entirely possible he decides to walk away as a champion.

James Jones (migraine) is expected to be available for Game 2 of the NBA Finals on Thursday. The most playing time Jones has seen in a postseason game this year is 17 minutes, so we're not expecting any miracles. Regardless, he'll be available should Erik Spoelstra choose to deploy him.