Dwyane Wade

Dwyane Wade Rumors: Wednesday

A handful of updates on Dwyane Wade‘s situation were reported on Tuesday, including the fact that he has canceled his meeting with the Bucks, scheduled a meeting with the Nuggets, and received a contract offer in the two-years, $50MM range from Denver. Wade is said to be seeking a deal in that neighborhood, or something with a guaranteed third year.

Here are Wednesday’s latest updates and rumors on Wade, one of the top free agents left on the market:

7:52pm: 

Wade is pushing for a resolution on his future tonight and it’s likely between Miami, Chicago or Denver, Adrian Wojnarowski of The Vertical tweets. The scribe adds via Twitter that Pat Riley would like an answer tonight and if Wade isn’t returning, Riley would move fast on other options.

7:31pm: 

  • Wade is very much open to leaving the Heat after hearing pitches from other teams today, sources tell Alex Kennedy of Basketball Insiders (Twitter link).

6:35pm: 

  • The Bulls feel Wade is serious about joining their team and they have been in contact with other teams in an attempt to unload contracts, Wojnarowski reports (Twitter links). Jose Calderon and Mike Dunleavy are the two players that Chicago would like to move. Wojnarowski (Twitter link) adds that the team’s canceled meeting has bearing on his status.
  • The Bucks‘ meeting with Wade went for over an hour and Wade spoke highly of the team’s young roster, Charles F. Gardner of the Milwaukee Journal Sentinel passes along (Twitter links). Gardner adds that the Bucks still do not have the cap space to accommodate a Wade deal, so he doesn’t expect the 33-year-old to sign with the franchise. However, David Aldridge of NBA.com (Twitter link) hears that the team believes Wade is “very serious” about joining Milwaukee.
  • Wade’s meeting with the Heat ended without a deal, Zach Lowe of ESPN.com tweets and according to Ira Winderman of the Sun Sentinel (Twitter link), his status remains up in the air.
  • Wade will co-host ABC’s Live with Kelly on Thursday morning and Alex Kennedy of Basketball Insiders (Twitter link) wonders if the shooting guard will make his announcement then.

1:52pm:

  • Wade’s meetings with the Nuggets and Bucks are now complete, with the Heat set to finish out the day. The Bulls had been scheduled to meet with Wade today as well, but the team has cancelled the sit-down after its flight kept getting delayed, tweets Adrian Wojnarowski of The Vertical. Wojnarowski adds that if Wade has serious interest in Chicago, the club could travel to meet with him on Thursday.

12:46pm:

  • The Nuggets were “very happy” with how their Wade meeting went, league sources tell Chris Dempsey of The Denver Post (Twitter link). Denver is now waiting for the guard to meet with his other suitors and make a decision.
  • After meeting with the Nuggets, Wade is sitting down with Bucks co-owner Marc Lasry, says Adrian Wojnarowski of The Vertical (Twitter links), who also confirms that Heat owner Micky Arison will get a sit-down with Wade later in the day.

11:30am:

  • Wade’s meetings in New York are underway – with the Nuggets going first (Twitter link) – and a decision on his future could happen as soon as Wednesday night, league sources tell Adrian Wojnarowski of The Vertical. Wojnarowski adds that the exact amount of Denver’s offer to Wade is $52MM for two years.

Read more

Northwest Notes: Diaw, Rush, Hill, Mudiay

Jazz center Rudy Gobert believes “something good is going to happen” in Utah after the trade for Boris Diaw, relays Jabari Young of The San Antonio Express-News. The Spurs were looking to deal the versatile veteran to create cap room to sign Pau Gasol, and Utah jumped at the opportunity. “He understands the game very well,” Gobert said of his fellow Frenchman. “He’s like a point guard in a big man’s body. It’s like having another coach on the floor. It’s great. I’m very excited.” Diaw, 34, will make $6.5MM next season and a non-guaranteed $7MM for 2017/18.

There’s more from the Northwest Division:

  • Several other teams were interested in Warriors swingman Brandon Rush, who agreed to sign with the Timberwolves today, tweets Darren Wolfson of 5 Eyewitness News. The Hornets, Knicks and Wizards all wanted to add the 31-year-old free agent, and the Warriors tried to keep him in Golden State.
  • The Wolves have “kicked the tires” on Pacers big man Jordan Hill, tweets John Krawczynski of The Associated Press. They haven’t reached the serious negotiation phase yet, but that could change now that Rush has been signed.
  • Nuggets point guard Emmanuel Mudiay plans to join the effort to get Dwyane Wade to come to Denver, tweets Christopher Dempsey of The Denver Post. The Nuggets held a meeting with Wade earlier today.

Latest On Dwyane Wade

10:03pm: Wade has a meeting scheduled on Wednesday with Nuggets officials that will take place in New York, Wojnarowski tweets.

7:34pm: The Nuggets have offered Wade a contract worth more than $50MM over two years, Marc Stein of ESPN.com tweets. Denver is holding out hope that the veteran shooting guard will accept its bid, the scribe adds.

12:37pm: Wade’s representatives have told teams that their client is seeking a two-year, $50MM contract, reports Brian Windhorst of ESPN.com, adding that the Nuggets and Bulls continue to stay in touch with Wade, who is also talking to the Heat. Adrian Wojnarowski of The Vertical, meanwhile, reports that the veteran star is prioritizing a guaranteed third year in contract talks. Either way, it sounds like a two-year, $40MM offer won’t get it done.

The Bucks currently aren’t involved in the bidding for Wade, and while there have been rumors about the Cavs, there’s no traction between Wade and Cleveland at this point, according to Windhorst. Per Wojnarowski, the Bulls and Wade have talked about setting up a face-to-face meeting but nothing has been scheduled.

As for the Heat, Ira Winderman of The South Florida Sun Sentinel tweets that they seem to want to hold firm on two years for Wade, even though they may be willing to include a player option and do another two-year deal next summer.

10:58am: Dwyane Wade has canceled a previously-scheduled Wednesday meeting with the Bucks, according to ESPN’s Zach Lowe (Twitter link). Lowe’s report follows up on a tweet from ESPN’s Brian Windhorst, which suggests that Wade has canceled more than one free agent meeting. However, it’s not clear what other team(s) had been set to meet with the veteran guard.

Despite the fact that Wade played his college ball at Marquette, it always seemed like a long shot that he’d seriously consider signing with the Bucks this offseason after spending his entire career in Miami. After Kevin Durant opted not to sign with the Heat, Miami reportedly increased its offer to Wade to two years and $40MM, getting a little more serious about negotiations with the former Finals MVP. Although he didn’t accept that offer, Wade’s decision to cancel his meeting with the Bucks may hint that he and the Heat are moving closer to finding common ground.

Outside of Milwaukee and Miami, several teams have been linked to Wade since free agency began, including the Nuggets, Knicks, Bulls, and Mavericks. Of those teams, only Denver still had the cap space to pursue Wade. There has also been speculation that the Cavaliers could have interest in LeBron James‘ former teammate, though those whispers have been unsubstantiated. Even if Cleveland did explore that possibility, the team would have to trade multiple contracts in order to be able to offer Wade a decent salary.

Heat Offer Dwyane Wade Two-Year, $40MM Deal

With Kevin Durant no longer in play, the Heat have shifted their focus back to their own veteran star. According to Dan Le Batard (Twitter link), Miami has put a two-year, $40MM offer on the table for Dwyane Wade. The proposal, which has been confirmed by multiple outlets, includes a player option for year two.

Wade has been shopping around for other offers so far this month, unhappy with how initial talks with the Heat had played out. However, Miami has remained the favorite to sign Wade, and now the team appears to be getting a little more serious in negotiations, with Hassan Whiteside locked up and Durant headed to Golden State.

The Bucks, one of Wade’s rival suitors, have a meeting in New York lined up with the veteran guard for Wednesday, according to Charles F. Gardner of The Milwaukee Journal Sentinel (Twitter link). The Nuggets are also reportedly in the hunt for Wade, but the Heat would probably like to ensure that the former Finals MVP doesn’t take any meetings.

As cap expert Albert Nahmad notes (via Twitter), based on their current projected space, the Heat could offer Wade a deal worth $39MM+ and still match Tyler Johnson‘s offer sheet. If Wade wants more than that, and Miami is willing to oblige, the team would have to renounce, trade, or waive at least one other player. The Heat could also improve their offer to Wade by adding a third year.

Free Agent Rumors: Wade, Pau, Spurs, Knicks

While the Nuggets continue to pursue Dwyane Wade, the Knicks and Bulls appear to be unlikely suitors for the veteran guard after having committed significant chunks of leftover cap room to other players, writes ESPN’s Marc Stein. Wade’s reps have also reached out to the Mavericks, and a meeting with the Bucks is expected to take place this week, but it would still be a surprise if the former Finals MVP signs with any team besides the Heat.

Here are a few more free agent updates and rumors from around the NBA:

  • Assuming Kevin Durant doesn’t sign with the Spurs, Stein (Twitter link) expects San Antonio to sign Pau Gasol. A handful of other teams, including Minnesota, Portland, and Toronto, have been linked to Gasol, but it sounds like there’s plenty of mutual interest between the Spurs and the free agent big man.
  • The odds of Lance Thomas re-signing with the Knicks are “better than 50-50,” a source tells Marc Berman of The New York Post. According to that source, Thomas has received at least two offers that would exceed what the Knicks could give him, but the forward’s preference is to remain in New York. In addition to previously-reported suitors like Minnesota and Oklahoma City, the Spurs, Clippers, and Pelicans are also interested in Thomas, per Berman.
  • Having reached deals with a center (Joakim Noah) and a shooting guard (Courtney Lee), the Knicks‘ next priority will be finding a viable backup at point guard, writes Newsday’s Al Iannazzone.

Latest On Kevin Durant

9:59pm: The Heat are still alive in the race for Durant, according to a tweet from InsideHoops.com. A source says the theory that Durant is deciding between the Thunder and Warriors is untrue.

8:43pm: Durant was impressed by the Celtics’ presentation on Saturday and is still “seriously considering” signing with Boston, writes A. Sherrod Blakely of CSNNE.

7:55pm: Durant is not expected to make an announcement before Monday, tweets Sam Amick of USA Today. The final decision will come down to the Thunder and Warriors, according to Royce Young of ESPN.com (Twitter link). A source close to the Warriors told Marc J. Spears of The Undefeated that Golden State pitched “culture, dynasty, style of play” to Durant, but the source wouldn’t be surprised if he stays in Oklahoma City (Twitter link).

3:25pm: Durant spoke over the phone with Warriors executive Jerry West yesterday, Tim Kawakami of the Mercury News tweets. A source told Kawakami that Durant likes the Warriors, but is unsure about leaving the Thunder (Twitter link). Nevertheless, Durant is strongly considering the Warriors and his decision will be released on the Players’ Tribune, Alex Kennedy of Basketball Insiders tweets.

9:05am: Kevin Durant plans to make a decision tonight or Monday, but that’s the only certainty as he prepares to meet his fifth and final suitor, writes Chris Broussard of ESPN.com. Heat representatives will get the last chance to woo Durant this afternoon, following the Celtics and Spurs, who met with him Saturday, and the Warriors and Clippers, who had meetings Friday. The Thunder have requested a final session with Durant, but he and his representatives have not decided whether to grant that.

Officials from the four teams that have talked with Durant so far haven’t been able to determine whether he is leaning toward any of them, Broussard reports. He speculates that the Clippers may have taken themselves out of the running Saturday night by using a big chunk of their cap space on the three-year, $35MM deal they gave to Austin Rivers.

The Celtics may have improved their bargaining position with Saturday’s commitment by Al Horford, according to Broussard. Durant’s agent, Rich Kleiman, had been trying to convince Horford to join Durant in Oklahoma City, and there may be incentive now to team them up in Boston. However, a source told Broussard that while the Horford addition may enter into Durant’s decision, it won’t be a major factor.

Miami will send owner Micky Arison, chief exective officer Nick Arison, team president Pat Riley, coach Erik Spoelstra, GM Andy Elisburg and executive Alonzo Mourning into today’s session with Durant, according to Barry Jackson of The Miami Herald. Meeting Durant so close to his deadline puts the Heat in a difficult position, tweets Ira Winderman of The Sun-Sentinel, who says Riley’s main goal may be to dissuade Durant from choosing the Celtics.

Jackson says the Heat consider themselves an underdog for Durant, but they have several strategies to take on his $26.5MM first-year salary if he does choose Miami. The easiest would be to trade Goran Dragic and Josh McRoberts without taking salary back, start Hassan Whiteside‘s contract at $20MM rather than $22MM and try to convince Dwyane Wade to accept the approximately $16MM still left.

Durant reportedly flew to Boston on Friday to visit the city, then made a return flight with Patriots quarterback Tom Brady, according to a report from CSNNE. The Celtics were happy with the active role that Brady played in the Durant presentation, writes Rob Bradford of WEEI. Brady joined the Celtics’ contingent along with co-owner Steve Pagliuca, president Danny Ainge and players Marcus Smart and Kelly Olynyk.

Heat Notes: Johnson, Wade, Haslem, McRoberts

The poison-pill contract that the Nets offered to Tyler Johnson will be difficult for Miami to match, writes Manny Navarro of The Miami Herald. Johnson will receive $50MM over for years, but the deal is heavily backloaded so that most of the money comes in the third and fourth seasons. The payout is $5.628MM in the first season and $5,881,260 in the second, followed by $18,858,765 in season three and $19,631,975 in season four. The Heat already have $70.3MM committed for the 2018/19 season among Chris Bosh, Hassan Whiteside and Goran Dragic. Miami will also need cap space in those years to keep Justise Winslow and Josh Richardson. Heat officials will have three days to make their decision once Johnson signs his deal with Brooklyn, but Whiteside and Richardson have already posted farewell messages on social media (Twitter links).

There’s more tonight out of Miami:

  • The Bucks will meet with Dwyane Wade sometime after the Fourth of July, tweets ESPN’s Marc Stein. Wade began looking at other teams after being unhappy with Miami’s initial contract offer. Milwaukee doesn’t have room to sign Wade to the deal he wants, but it could if it finds a taker for Greg Monroe (Twitter link).
  • If the Heat give approximately $20MM to Wade and don’t land Kevin Durant, they will have to fill the roster with a $2.9MM room exception and minimum contracts, writes Barry Jackson of The Miami Herald. Most of the room exception may be needed to re-sign Udonis Haslem. Miami hasn’t pursued Gerald Green since free agency began, but he could become an option if there’s nobody better at a minimum salary. The team appears to have no interest in bringing back Dorell Wright.
  • Miami may want to think twice about sacrificing Josh McRoberts for cap room, writes Ira Winderman of The Sun-Sentinel. The Heat may have to move his nearly $5.8MM salary for 2016/17 to create enough cap space to meet Wade’s demands, but if they keep the veteran big man, he might be the starter at power forward next season if Bosh isn’t healthy.

At Least Four Teams Pursuing Dwyane Wade

With teams around the league sensing that there’s tension between Dwyane Wade and the Heat, a handful of clubs are pushing to lure the veteran guard away from Miami, according to Adrian Wojnarowski of The Vertical. Wojnarowski reports that the Bulls, Mavericks, Nuggets, and Bucks are courting Wade, with multiple multiyear offers in the $20MM-per-year range on the table for the Heat star.

Wojnarowski suggests that the Heat have been reluctant to offer a deal in the $20MM range so far, and Jason Lieser of The Palm Beach Post echoes that sentiment, tweeting that Miami’s opening offer was closer to $10MM. While the Heat will probably willing to increase that offer eventually, especially if Kevin Durant doesn’t choose Miami, it still makes sense that Wade would explore the market. Even if he doesn’t sign elsewhere, there’s so much cap space available around the league that he could improve his leverage by fielding offers from other teams.

Earlier tonight, we heard that the Bucks and Knicks were looking to set up meetings with Wade, and while Wojnarowski confirms Milwaukee’s interest, he doesn’t mention New York. ESPN’s Marc Stein reports (via Twitter) that the Knicks have made a four-year offer to Courtney Lee, and the club is also reportedly in the mix for Eric Gordon, so Wade may be a backup plan for Phil Jackson‘s club.

As for Milwaukee, Wojnarowski suggests that the Bucks don’t currently have the cap space to make Wade a competitive offer, and the team isn’t sure whether to fully commit to pursuing him. While Wade did attend Marquette University, it’s still hard to imagine him returning to Milwaukee at this stage in his career.

Meanwhile, K.C. Johnson of The Chicago Tribune confirms (via Twitter) that the Bulls are in talks with Wade’s reps, adding that the two sides are discussing a two-year deal. According to Wojnarowski, Chicago and Denver have been the most aggressive suitors for Wade so far.

Finally, the Mavericks may be a long shot to add Wade, but after missing out on their top two targets – Hassan Whiteside and Mike Conley – it makes sense that they’d at least kick the tires on other top-tier free agents.

Latest On Dwyane Wade

7:08pm: Wade is in contract talks with the Knicks and Bucks, sources tell Brian Windhorst of ESPN.com (Twitter link). Wade has a meeting scheduled with the Bucks that will take place sometime next week, Charles F. Gardner of the Milwaukee Journal Sentinel reports on Twitter. A meeting with the Knicks could take place next week as well, Windhorst adds.

Sources tell Ramona Shelburne of ESPN.com (Twitter link) that Wade wants to be compensated for the pay cuts he took in Miami. The Heat remain optimistic about bringing Wade back and their plan is not to replace him with Durant should the 2013/14 MVP sign with Miami. If that happens, the team would look to trade Goran Dragic and Josh McRoberts in an attempt to financially take care of Wade.

The Knicks likely won’t have the cap space necessary to provide Wade with his desired contract, after agreeing to sign Joakim Noah to a four-year, $72MM deal, as Sam Amick of USA Today tweets. Of course, Noah’s deal won’t be finalized until after the moratorium, so the possibility of the big man agreeing to take less with the intent of bringing Wade to New York exists.

Wade seems like a strange fit for the Bucks, but he did play his college basketball at nearby Marquette University. Still, after agreeing to sign both Matthew Dellavedova and Mirza Teletovic, Milwaukee will likely have to make a corresponding move to offer Wade a sizable contract.

9:26am: Dwyane Wade‘s contract standoff with the Heat has given other teams hope of signing him, tweets Adrian Wojnarowski of The Vertical. Several GMs believe the situation in Miami is becoming serious and have submitted multi-year offers to Wade’s representatives. Some are planning phone calls with Wade today in an effort to get him to end his 13-year association with the Heat (Twitter link).

Miami has been unable to give Wade a firm offer because of the uncertainty surrounding free agent center Hassan Whiteside and the team’s pursuit of Thunder free agent Kevin Durant. The Heat resolved the Whiteside situation early this morning when the parties agreed on a four-year maximum deal. They will meet with Durant on Sunday.

It was reported earlier this week that Wade became frustrated after his initial talks with Miami and instructed his agents to contact the Spurs and Mavericks about his possible availability. Wade also had contentious talks with the Heat last summer before agreeing to a one-year deal worth $20MM. The 34-year-old averaged 19.0 points, 4.1 rebounds and 4.6 assists in 74 games this season.

Free Agent Rumors: Wade, Heat, Lakers, Horford

A source involved in the Dwyane Wade situation tells Barry Jackson of The Miami Herald that the Heat have been unable to tell Wade exactly what they’re willing to pay him because their plans will largely depend on whether or not they land Hassan Whiteside and/or Kevin Durant. That has left Wade feeling frustrated, since he wants to be a priority for the team. Still, Jackson says it would be a surprise if the veteran guard ultimately ended up anywhere except Miami.

Here are several more rumors and updates left over from what has been a busy first few hours of free agency:

  • The Lakers didn’t reach out to Al Horford when free agency began, but they do have interest in him, says Ramona Shelburne of ESPN.com. It’s not clear whether that interest has dwindled at all now that the team has agreed to terms with Timofey Mozgov.
  • The Magic have expressed interest in Jeff Green, according to Alex Kennedy of Basketball Insiders (Twitter link).
  • Dwight Howard has sit-downs lined up with four teams, with his Friday meetings happening in Atlanta and his Saturday meetings happening in Las Vegas, tweets ESPN’s Chris Broussard. We know Howard is meeting with Atlanta and Boston, but it’s not clear who his other two suitors are.
  • Don’t be surprised if – and when – the Pistons go after Thomas Robinson, per David Mayo of MLive.com (Twitter link).
  • Lance Thomas and Langston Galloway each received interest from a handful of teams as free agency got underway, with the Thunder, Timberwolves, Nets, and Hawks calling Thomas, according to Ian Begley of ESPN.com. The Knicks would like to re-sign both players.
  • E’Twaun Moore will start hearing pitches on Friday and his free agency may move quickly, sources tell ESPN’s Marc Stein (Twitter link). The Bulls are viewed as the favorites to retain Moore.
  • When he called free agent guard Jamal Crawford on Thursday night, Clippers coach Doc Rivers swore Crawford wouldn’t be going anywhere, per Sam Amick of USA Today (Twitter link).