Power forward Bobby Portis opted out of …

Power forward Bobby Portis opted out of his $4.6 million player option with Miwaukee, according to ESPN. According to a source, the Heat would be a team that appeals to him if he doesn’t sign with Milwaukee, but Miami is reluctant to give him or anyone the full mid-level exception, making Portis not likely for Miami. Portis can sign for four years and as much as $49 million with Milwaukee.