Dwyane Wade will re-sign with Heat
Like Chris Bosh, Dwyane Wade is not jumping ship just because LeBron James has returned home to Cleveland. On Tuesday afternoon, Wade announced on social media that he will be staying with the Miami Heat.
“Home Is Where The Heart Is…,” he wrote on Instagram. “My Home,My City,My House..#HeatLifer.”
Brian Windhorst of ESPN added that Wade has finalized his new deal with the Heat and expects to sign as early as Tuesday afternoon. D-Wade opted out of the remaining two years and roughly $42 million remaining on his last contract, and his new deal will reportedly help the Heat free up cap space by costing about $5 million less per season over a longer-term deal.
When LeBron announced he was returning to the Cavaliers, it appeared the Heat could be on the verge of falling apart. It looked like Bosh was going to sign with the Houston Rockets until the Heat made him a priority and offered him a max contract. Wade also drew some interest from the Chicago Bulls, whom he seriously considered signing with earlier in his career.
Wade, 32, looked old and slow during the playoffs last year. If he can get healthy during the offseason, he should still have a few good years left in his legs. Life will obviously be a lot more difficult for the Heat with LeBron gone, but Bosh and Wade should keep them in the hunt if they have the right supporting cast.