Wade to sign with Bulls
Dwyane Wade's free agency drama concluded Wednesday, and the Chicago Bulls are the apparent winners.Wade is set to join the Bulls after spending 13 seasons with the Miami Heat.Once free agents can officially start signing contracts Thursday, Wade...
Dwyane Wade’s free agency drama concluded Wednesday, and the Chicago Bulls are the apparent winners.
Wade is set to join the Bulls after spending 13 seasons with the Miami Heat.
Once free agents can officially start signing contracts Thursday, Wade reportedly will sign a two-year, $47.5 million deal that includes a player option.
“This was not an easy decision, but I feel I have made the right choice for myself and my family,” Wade wrote in a letter to Miami that was released to the Associated Press.
Earlier Wednesday, Wade was involved with acrimonious negotiations with the Heat, who also reportedly pursued free agent forward Kevin Durant before he agreed to a deal with the Golden State Warriors on Monday.
Wade, a 34-year-old guard, reportedly balked at a two-year, $40 million offer from the team that drafted him in 2003. He also was reportedly upset with Miami making re-signing Hassan Whiteside to a mega-deal rather than paying him the money he sought.
Wade has made over $300 million in a career in which he teamed with Shaquille O’Neal to lead Miami to the 2006 NBA title and then with LeBron James and Chris Bosh to secure championships in 2012 and 2013.
Wade reportedly was seeking at least $50 million.
Before reports surfaced about Wade going to Chicago, he also was linked to the Denver Nuggets. The Milwaukee Bucks and the Cleveland Cavaliers were considered possible destinations for Wade, too.
Wade will join a reconfigured Chicago roster under second-year coach Fred Hoiberg. The Bulls dealt Derrick Rose to the New York Knicks a day before the draft and signed point guard Rajon Rondo to play alongside Jimmy Butler.
To make Wade’s salary fit under the cap, the Bulls will move the contracts of Mike Dunleavy and Jose Calderon.
According to the Vertical, the Bulls have a deal in place to trade Dunleavy to the Cavaliers, who reportedly will use part of Anderson Varejao’s $9.6 million trade exception to absorb Dunleavy’s $4.8 million contract. The Vertical also reported that the Bulls will trade Calderon to the Los Angeles Lakers.
In 855 regular-season games with the Heat, Wade averaged 23.7 points and shot 48.8 percent. He averaged 19 points in 74 games last season after missing a combined 48 contests due to various injuries the previous two seasons.
In 166 postseason games, Wade averaged 22.8 points, including 28.4 points during Miami’s first championship run. In his last game with Miami in Game 7 of the Eastern Conference semifinals at Toronto, he scored 16 points in a 116-89 loss.