Dwyane Wade ends Cavs and Denver Nuggets rumors, agrees to deal with Bulls

Dwyane Wade ends Cavs and Denver Nuggets rumors, agrees to deal with Bulls

Dwyane Wade has finally ended rumors and speculations about the Cavaliers and Denver Nuggets. Yahoo Sports reported earlier that Wade has agreed to sign with the Chicago Bulls this off-season!

After a long and stressful free agency period, which resulted in many failed negotiations and a lot of rumors, Wade has finally reached his decision, to sign with his hometown Chicago. The 34-year-old former Miami guard has agreed to a two-year, $47.5 million deal with the Chicago Bulls.

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The decision must not have been easy for Wade as he had drawn too much buzz and attention from various NBA teams and some of them were ready to offer him more than the Heat can put on the table. For the Miami Heat, the problem was cap space as the team lacks the money that Wade was looking for.

It’s a tough deal for the Bulls. To sign the former Miami superstar and clear salary-cap space, the Bulls decided to trade guard Jose Calderon and forward Mike Dunleavy.

In addition, Wade has also made an agreement with the Bulls that includes a player option that will allow him to return to free agency in 2017.

On Wednesday, Wade has issued a statement to the Associated Press after announcing his shocking decision to leave the Heat.

The news has also ended the Cavaliers rumors, Wade has been linked to the Cleveland Cavaliers the past few days, but, according to the Miami Herald, LeBron James is not trying to lure the Miami guard to the Cavaliers.

The report also shot down any rumors and speculation that James might sacrifice and take the league’s minimum to fit Wade under the cap.

Reports said that the Cavaliers don’t currently have the resources to give Wade anything close to a competitive offer and that James will not take the vet minimum to facilitate a Wade signing with the Cavs.

Drafted by the Heat in 2003, Dwyane Wade has led the Miami Heat to their first-ever championship in 2006. Wade also helped during the recruitment of the NBA top free agents in 2010.

Picture Courtesy: Keith Allison/Wikimedia Commons