Dwyane Wade To Return For Final Season

7:59pm: The Heat have offered Wade the $2.4MM veteran’s minimum and Wade plans to accept it, Barry Jackson of The Miami Herald reports.

7:07pm: Veteran guard Dwyane Wade has decided to return for one final season with the Heat. The 36-year-old announced and explained his decision through a video he released on Twitter.

Wade cites a desire to spend more time with his family as one of the driving forces behind the decision.

After starting his career with 13th consecutive seasons in Miami, Wade spent the 2016/17 campaign with his hometown Bulls, followed by a partial season with the Cavaliers and eventually a late season return to the Heat in 2017/18.

Wade averaged 12.0 points in 22.2 minutes per game after returning to the Heat last season and raised those to 16.6 and 25.4, respectively, in Miami’s five 2018 playoff games.

At this point, there’s still no indication what Wade’s final contract with the club will look like although it’s likely to fall within the $2.4MM veteran’s minimum and the $5.3MM taxpayer MLE.

In either scenario, the acquisition will have substantial luxury tax implications.

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