Dwyane Wade

Dwyane Wade Hints Buyout Talks Likely Coming

Dwyane Wade reportedly hasn’t spoken to the Bulls’ front office for the last couple months, and hasn’t publicly indicated that he wants to be bought out of his contract. However, he’s aware that there’s plenty of speculation about a possible buyout, and seemed to acknowledge on Thursday in an NBA TV interview that those discussions figure to happen at some point (link via Ira Winderman of The South Florida Sun Sentinel).

“When the time is right for me and the Chicago Bulls organization to sit down and talk about the future, we will do that,” Wade told NBA TV’s David Aldridge. “The time hasn’t been right, obviously, to this point. But I’ll be in Chicago soon enough and hopefully we’ll get an opportunity to sit down and just talk about the future and the direction and go from there. I’m 35 years old. I’m a grown man. I can definitely sit across the room from you and listen to your truth and hopefully hear mine and go from there.”

[RELATED: Wade to consider Miami, L.A. if bought out?]

While Wade didn’t state outright that a buyout from his current contract is probable, it isn’t hard to read between the lines and deduce that he wouldn’t mind moving from the rebuilding Bulls to a team with a better chance of contending.

“It’s no secret,” Wade said, per Barry Jackson of The Miami Herald, when asked if he’d like to be part of a team that could contend for a title. “And everyone knows that. I’ve been lucky. I’ve been to five Finals. So If I never go to another one, I can’t complain. But I would love to. I would love to because I feel I can add to something a team that’s in that position. That’s not something I can focus on or something I can worry about right now.”

For now, Wade says he plans to be in attendance when training camp opens for the Bulls in less than three weeks, writes K.C. Johnson of The Chicago Tribune. While the veteran guard may not relish the idea of spending most of the season with a team not expected to make the playoffs, buyout talks won’t necessarily move quickly — the Bulls indicated earlier this summer that any buyout would have to be “advantageous” to the franchise, meaning Wade would likely have to give up a substantial portion of his $23.8MM salary.

Latest On Dwyane Wade

Dwyane Wade feels misled by the Bulls and hasn’t talked with anyone from the front office for two months, writes Alex Kennedy of HoopsHype. Those strained feelings have led to rumors of an impending buyout and the possibility that Wade might be headed to Cleveland, Los Angeles or Miami.

Sources tell Kennedy that Wade asked management for assurances that Chicago would have a competitive team next season before deciding to opt in for $23.8MM. The front office promised him it would, so Wade announced June 21 that he will stay for another year. The next day, the Bulls traded Jimmy Butler to the Timberwolves and signaled the start of a rebuilding process.

At 35, Wade doesn’t have a lot of years left in the league and he doesn’t want to waste a season playing for a lottery team. Kennedy states Wade’s only discussions with the organization since the deal were with coach Fred Hoiberg and didn’t involve anything related to the team.

Several recent stories in the national media have been negative toward Wade, which Kennedy speculates is the Bulls’ way of angering him so he might be willing to accept less in a buyout just to get out of Chicago. A recent report from ESPN suggested the Bulls’ younger players don’t like having Wade as a teammate. A Fox Sports story claimed Wade and Butler had a strained relationship, which Butler denies.

Even if a breakup is imminent, all public comments from the Bulls’ front office have indicated Wade is staying with the team. Kennedy adds that Wade is preparing to report to training camp if a buyout doesn’t happen in the next three weeks.

A source tells Kennedy the Cavaliers and Heat are the most likely destinations for Wade once a buyout is completed. If he does go to Cleveland, he will probably become a starter, with J.R. Smith being moved to a reserve role. The Cavs see a Wade addition as a way to improve their roster and appease LeBron James before he enters free agency next summer.

Wade recently took his children out of school in Chicago and moved them back to Miami, but Kennedy warns not to read too much into the move. Wade and Heat president Pat Riley have barely communicated since their 2016 breakup, and Wade wouldn’t be guaranteed a starting spot in Miami. Other teams, such as the Nuggets and Bucks, who both tried to sign Wade last summer, could also get involved.

Dwyane Wade To Consider Miami, L.A. If Bought Out?

Dwyane Wade remains under contract with the Bulls for 2017/18 and appears virtually certain to open the year with the club, but he’s also considered a strong bet to be bought out at some point during the season. If and when that happens, Miami and Los Angeles are among Wade’s possible landing spots, says Barry Jackson of The Miami Herald.

According to Jackson, a Wade associate has been telling people that Miami and L.A. would appeal to the veteran guard. The Herald scribe adds that this same source was the first to inform him of trouble in contract negotiations between Wade and the Heat before the former Finals MVP left Miami as a free agent.

A return to the Heat certainly wouldn’t be out of left field for Wade — despite a breakdown in contract talks last summer, he still has a good relationship with Udonis Haslem and others within the organization. Wade’s children are also currently enrolled at a South Florida school, Jackson notes, citing WINZ-940’s Andy Slater.

As for Los Angeles, Jackson doesn’t specify whether Wade would have his eye on the Clippers or Lakers, but the Clips figure to be closer to contention this year, even without Chris Paul. The Lakers may become a more viable option for Wade in future seasons, particularly if the team could land LeBron James or another marquee free agent.

In addition to Miami and Los Angeles, Cleveland is considered a very real possibility for Wade, and the Cavaliers may still be the favorite if and when the Bulls buy him out. However, as Jackson’s report suggests, the Cavs won’t be the only team in the mix.

So far, Wade and the Bulls reportedly haven’t engaged in discussions about a buyout, though that’s expected to change in the coming months.

Southeast Rumors: Haslem, Magette, Hornets

Heat forward Udonis Haslem remains hopeful that Dwyane Wade will return to Miami so that they can finish out their careers together, Tom D’Angelo of the Palm Beach Post reports. Haslem, 37, re-signed with the Heat in July on a one-year, veteran’s minimum deal. He previously expressed his desire to reunite with Wade and reiterated those feelings to D’Angelo. “We talked about finishing our careers together,” Haslem said. “We really want it to be the case. Plans change. So if it doesn’t happen it doesn’t put any strain on our relationship but it’s still a goal of mine. Hopefully we can end it that way.” That won’t happen unless Wade eventually reaches a buyout agreement with the Bulls. Wade opted in for the upcoming season in June, unwilling to leave $23.8MM on the table even though Chicago is in a rebuild mode after trading away Jimmy Butler.

In other news regarding the Southeast Division:

  • Josh Magette is hopeful he can make some kind of impact with the Hawks even though his two-way contract limits him to a maximum of 45 days with the parent team, he told David Yapokowitz of Basketball Insiders. Magette is the No. 4 point guard on the roster behind Dennis Schroder, Malcolm Delaney and Quinn Cook and will spend the majority of the season with the G-League’s Erie BayHawks. “I’m someone who controls the tempo, makes everyone around them better, makes the right play, plays with a high IQ,” Magette said to Yapkowtiz. “I’m just doing little things.” Magette was the Hawks’ final roster cut last fall and also played with their summer-league team in Las Vegas. He led the G League in assists last season (9.3 APG) as a member of the Los Angeles D-Fenders.
  • The Hornets addressed a major need by drafting shooting guard Malik Monk but took a major gamble by acquiring center Dwight Howard, as Shaun Powell of NBA.com notes in his offseason outlook. Monk’s explosive scoring ability with Kentucky should translate to the NBA level, giving Charlotte another offensive dimension, Powell predicts. But acquiring Howard and his big contract from the Hawks was a head-scratcher, given that big men with limited offensive ability have become dinosaurs, Powell continues. However, Howard can still have a positive impact as a rebounder and rim protector and has little competition for the center spot, Powell adds.

Latest On Dwyane Wade, Bulls, Cavaliers

Last week, ESPN’s Nick Friedell wrote in a piece on the Bulls’ outlook for 2017/18 that the team is expected to reach a buyout with Dwyane Wade within the next few months. Friedell’s story was edited later to back off that stance a little, suggesting now that “nobody would be surprised” if Wade and the Bulls reach a buyout agreement in the not-too-distant future.

Appearing on ESPN’s The Jump (video link) this week, Friedell once again addressed the Wade situation, calling a buyout “inevitable.” According to Friedell, it’s a matter of “when, not if” the Bulls and Wade will part ways this season.

Here’s more on Wade, the Bulls, and his possible landing spot if he becomes a free agent:

  • While the Bulls and Wade figure to get serious about a buyout after the trade deadline if it hasn’t already happened by then, Friedell said during his appearance on The Jump that he wouldn’t be shocked if the two sides work something out in December or January. However, Friedell doesn’t expect a buyout agreement to be finalized before the season.
  • Friedell also suggests that the young players on the Bulls’ roster aren’t overly fond of Wade, who last season challenged his teammates’ dedication to winning despite missing practices himself. In Friedell’s view, that potential friction may motivate both sides to get a buyout done sooner.
  • The Bulls have no reason to buy out Wade unless he eventually meets their terms and gives up a significant chunk of his $23.8MM salary, according to David Haugh of The Chicago Tribune, who hears that the two sides haven’t yet engaged in buyout talks.
  • If Wade is bought out by the Bulls, will he end up reuniting with his good friend LeBron James for the Cavaliers? According to Joe Vardon of Cleveland.com, people close to James are indeed “fairly confident” that Wade will land in Cleveland. As Dan Feldman of Pro Basketball Talk details, before making that assertion, Vardon said earlier in his podcast that only a small handful of people – including agent Rich Paul, LeBron himself, and three others – should truly be considered “close” to LeBron. So Vardon’s info likely came from one or more of those sources.

Southeast Notes: Wade, Mickey, Weiss, Hawks

Two more Heat players have spoken out about the possibility of bringing back Dwyane Wade if he agrees to a buyout with the Bulls, relays Ira Winderman of The Sun Sentinel. Hassan Whiteside and Wayne Ellington both endorsed the move during an appearance Saturday at a Whiteside Foundation fundraiser. “He’s a great basketball-IQ guy,” Whiteside said. “He can find you on a lob. He can find you on a pick-and-roll situation. He’s a great scorer.”

Whiteside had previously backed a reunion with Wade through a nodding GIF on social media, but these were his first public comments on the potential move. Wade, who spent 13 years in Miami before signing with Chicago last summer, remains a popular figure in South Florida, but he would have to give up a significant portion of his $23.8MM salary for a buyout to occur. Ellington, who is among the players who might see a reduced role if Wade returns, is also on board. “Obviously this is something that D-Wade helped build,” he said, “so obviously this city and us as a team being able to have somebody like that on our team would be amazing.”

There’s more today from the Southeast Division:

  • The terms of Jordan Mickey‘s two-year agreement with the Heat have been confirmed, Winderman adds in the same story. The former Celtic’s first season will be guaranteed at the $1.5MM veteran’s minimum and the second will be a team option.
  • The Hornets are in the market for a new assistant coach after Bob Weiss left to join the Nuggets, writes Rick Bonnell of The Charlotte Observer. The 75-year-old had been with Charlotte since Steve Clifford was hired as head coach in 2013. Weiss opted to take a job in Denver to be closer to his grandchildren, and Clifford hopes to find another veteran coach to replace him.
  • Sharecare, a digital health company based in Atlanta, agreed to a five-year deal this week to become the Hawks‘ jersey patch sponsor, according to WSB-TV in Atlanta. “Every team has had their own strategy with regard to patch partners,” said Andrew Saltzman, executive vice president and chief revenue officer for the team. “But ours is very clear: true to Atlanta and making this a component of a much larger and fully integrated  partnership that benefits our fan base, Atlanta as a whole and certainly our partner and ourselves.”

Eastern Notes: Wade, Bradley, LeVert, Pierce

A Dwyane Wade reunion with the Heat would create rotation and chemistry issues, Ira Winderman of the Sun-Sentinel explains in his latest mailbag. A buyout agreement between Wade and the rebuilding Bulls is possible, though not close to happening. It’s widely assumed Wade would seriously consider returning to Miami but the Heat already have plenty of options at the guard spots, Winderman notes. Goran Dragic and Dion Waiters, who was re-signed this summer, are the starters and Tyler Johnson is being paid lavishly to be the main backup. Josh RichardsonRodney McGruder and Wayne Ellington are also viable rotation options and if Wade were to close out games, coach Erik Spoelstra would have a tough dilemma deciding which player loses those minutes, Winderman continues. In fact, the Heat brass and coaching staff may privately be wishing they’re not faced with the prospect of Wade getting bought out and looking to re-join them, Winderman adds.

In other items involving Eastern Conference teams:

  • Avery Bradley may be a newcomer to the Pistons’ locker room but coach Stan Van Gundy expects the shooting guard to be quickly embraced as a leader, Keith Langlois of Pistons.com reports. Bradley was traded by the Celtics in their efforts to clear cap space and sign free agent forward Gordon Hayward. Van Gundy wants Bradley’s toughness and defensive approach to rub off on his other players, Langlois adds. “What Avery’s really embracing is a chance to play a bigger role as a player and as a leader,” Van Gundy told Langlois. “That’s something that excites him.”
  • Nets guard Caris LeVert believes the club can make the playoffs with better health and this summer’s roster changes. “I feel like it’s really realistic,” Levert told Fred Kerber of the New York Post. “Last year, we were like top seven in the East when we had all our players healthy. Just building off that momentum with the pieces we’ve added — obviously we lost a great player in Brook [Lopez] — but I feel with the pieces we’ve added we’ll be in that conversation.”
  • Paul Pierce will have his No. 34 retired by the Celtics, team co-owner Steve Pagliuca informed Adam Himmelsbach of the Boston Globe“It’s going to be fantastic,” Pagliuca said. “For our era, the most recent era, he embodied the Celtics’ leadership, the Celtics’ brand and was the MVP of the championship team.” Pierce’s 34 will be the 22nd number to hang in the rafters at TD Garden.

Udonis Haslem Discusses Potential Reunion With Dwyane Wade

Veteran forward Udonis Haslem is the latest Heat player to express interest in bringing back Dwyane Wade if he agrees to a buyout in Chicago, writes Ira Winderman of The Sun Sentinel. Interest in the possibility was reignited with a report Wednesday that Wade and the Bulls could part ways at some point this season.

Wade has a $23.8MM salary and doesn’t seem to fit on a team that started rebuilding by trading Jimmy Butler and not re-signing Rajon Rondo. A buyout is always a possibility, tweets K.C. Johnson of The Chicago Tribune, but the Bulls haven’t changed their position that it would have to be “advantageous” to them, meaning Wade would have to give up a substantial amount of money.

He would have several options if that happens, with one obvious choice being a return to Miami, where he spent the first 13 seasons of his NBA career.

“I talk to D-Wade every day,” Haslem said today on radio station WQAM. “My advice to D-Wade and his advice has always been to me is, ‘Take it one day at a time. Just take it one day at a time, step by step.’ We kind of understand the direction that Chicago is going in. We kind of understand the direction that Dwyane wants to go in the last couple of years of his career. The business side of things sometimes doesn’t always allow both sides to co-exist.”

On Tuesday, Heat center Hassan Whiteside sent out a GIF on social media indicating he would like to see Wade return, and Dion Waiters endorsed the idea on Twitter in July.

The Heat are well over the salary cap after re-signing Waiters and James Johnson this summer and adding Kelly Olynyk in free agency. However, they have retained their mid-level exception, which gives them up to $4.3MM to offer Wade.

Winderman notes that a crowded backcourt could hinder the move, with Waiters and Goran Dragic cemented as starters and Tyler Johnson, Josh RichardsonRodney McGruder and Wayne Ellington in reserve. There’s also the possibility that Wade could find a reunion with LeBron James in Cleveland more desirable than a return to Miami.

Buyout Remains Possible For Dwyane Wade, Bulls

AUGUST 17, 10:59am: The original article at ESPN.com on Wade and the Bulls has been updated (hat tip to Blog A Bull) — without a source to confirm his initial claim, Friedell no longer suggests a buyout is “expected.” While Friedell has backed off that assertion, he still says that “nobody would be surprised” if Wade decides he wants out of Chicago and reaches a buyout agreement with the team in the next few months.

AUGUST 16, 3:18pm: Few NBA teams are expected to drop in the standings this season like the Bulls, who lost two of their top players this summer when they traded Jimmy Butler and waived Rajon Rondo. The third member of last season’s “three alphas” – Dwyane Wade – also isn’t long for Chicago, according to Nick Friedell of ESPN, who writes that Wade and the Bulls are expected to reach a buyout agreement at some point in the coming months.

Wade, who inked a two-year deal with the Bulls in 2016, had a player option for the 2017/18 season, giving him the opportunity to head elsewhere in free agency if he so chose. Wade opted in before the Bulls traded Butler and cut Rondo, though it’s not clear if those moves would have impacted his decision anyway — exercising his player option puts Wade in line to earn $23.8MM this season, and he wouldn’t have matched that annual salary if he’d opted out and signed a new contract.

Still, shortly after Wade opted in and the Bulls opted to rebuild, rumors begin to swirl about a possible buyout. For their part, the Bulls have attempted to put those rumors to rest. Executive VP of basketball operations John Paxson suggested in June that any buyout agreement would have to be “advantageous” to the franchise, and head coach Fred Hoiberg said last month that he didn’t expect Wade to be bought out.

At the time Hoiberg made his comments in July, Friedell indicated there was a “widespread belief” among Bulls officials that Wade wouldn’t be willing to give up enough of his $23.8MM salary to make a buyout worthwhile for the club. Considering Friedell is now writing that an agreement is expected to happen at some point in the next few months, he may have heard something in recent weeks that influenced his view on the subject, though it’s worth noting that he doesn’t cite any sources.

There’s no real deadline for the Bulls and Wade to reach a buyout agreement, though veterans are generally bought out before March 1 so that they retain their playoff eligibility. As Friedell details, Chicago has shifted to full-fledged rebuilding mode and shouldn’t mind finishing among the NBA’s cellar-dwellers in 2017/18. Parting ways with Wade would help out the Bulls in their race to the bottom, so it’s possible the team won’t wait until February to explore a buyout.

Community Shootaround: Dwyane Wade

The Bulls inked Dwyane Wade to a two-year contract last offseason, but the franchise has undergone some renovations with an eye on rebuilding for the future. Wade, at age 35, doesn’t appear to fit in those plans and earlier today, it was reported that he and the team are expected to work out a buyout agreement in the coming months.

Should the future Hall of Famer reach a buyout agreement with Chicago, where is the best place for him to continue his career?

Cleveland might be a logical fit given his friendship with LeBron James. Houston would give Wade an opportunity to play alongside James Harden and Chris Paul to form one of the best backcourt rotations in recent memory. The Heat seem like they’re one player away from breaking into the Eastern Conference’s top-4 and Wade could be that contributor that helps get Pat Riley home court in the opening round of the playoffs.

The Spurs could use Wade as a primary ball handler until Tony Parker returns from injury then watch the shooting guard’s minutes to ensure he stays healthy for a playoff run. A lineup of Parker, Wade, Kawhi Leonard, LaMarcus Aldridge and Pau Gasol with Patty Mills, Danny Green, Manu Ginobili and a potentially healthy Rudy Gay coming off the bench would be a tough out in the playoffs.

Do you feel Wade should sign with any of the aforementioned teams or is there another club that would be a better fit? Let us know your thoughts in the comment section below. We look forward to what you have to say!