MIAMI -

Chris Bosh has officially let the Miami Heat know that he's opting out of his contract.

There were reports Saturday that Bosh intended to opt out.

Bosh's agent, Henry Thomas, let Heat President Pat Riley know on Sunday.

Bosh joins Lebron James and Dwyane Wade in the free agent market. All three can rework their deals with Miami to free up money to bring in help

"Today we were notified of Chris' intentions to opt-out of his contract," Riley said in a statement Sunday. "Chris is one of the most versatile and dynamic big men in this league, and he has been an instrumental key to our championship success over the last four seasons. We look forward to meeting with Chris and his agent in the coming days to discuss keeping him in Miami for many years to come."