Allen exercises option

As he suggested he would in the aftermath of Boston's season-ending Game 5 loss to the Miami Heat last month, Ray Allen on Tuesday formally exercised the second-year player option in the two-year deal he inked last offseason and will be back with the Celtics next season.

Allen inked a two-year, $20 million contract last summer and will earn $10 million again next season.

"This has been my team," Allen said at his postgame press conference in Miami after the Heat won an Eastern Conference semifinal series, 4-1. "I have been full steam ahead with this team. I don't have any plans to go anywhere else."