I think Haslem made the right choice here. He went to HS in Miami, college in Florida, and has been with the Heat through the recent runs. This means that him and his family have a connection to the city and the organization. Riley says he wants him to be a Heat lifer. Im guessing that Haslem has maybe one more contract in him after this and if he is still a servicable player he will be overcompensated (thought not nearly enough to make up $14 million) given the choice he just made. Also, to the guys bringing up how NBA players suck at maintaining their wealth, Haslem basically just locked up an Alan Houston type job when he is done. So dont think of this as just a 5 year deal.

Pat Riley is just gangsta...This kid already won a ring with the 06 team

Haslem stays and doesn't have to uproot his life or family. Plus I think he's the only other Heat besides Wade from that first championship Heat team, so he may feel like he deserves to go to the promised land again.