Three time NBA champion and twelve time NBA All-Star Dwyane Wade will sign with the Cleveland Cavaliers once he clears waivers on Wednesday.
Three time NBA champion and twelve time NBA All-Star Dwyane Wade will sign with the Cleveland Cavaliers once he clears waivers on Wednesday.
Dwyane Wade Cavs Contract Details
On Sunday Dwyane Wade agreed to a contract buyout with the Chicago Bulls and will be an unrestricted free agent. The veteran will sign a 1 year, $2.3 million contract with the Cavs which will pair him with his former teammate from the Miami Heat, LeBron James.
Making Room on the Roster
Wade will join the roster with Cavalier stalwart's James, Kevin Love, JR Smith and Tristan Thompson. The Cavs will be without injured All-Star point guard Isaiah Thomas until January 2018, as he recovers from a hip injury, however the team will have added insurance with the acquisition of Derrick Rose, who also signed for the veteran's minimum contract for one year.
In order to make room for Wade, the Cavs will have to break ties with a player that has a non-guaranteed training camp contract to make room for Wade on the 20-man training camp roster. The Cavs will need to make an additional move beyond that to make space for him on the 15-man regular-season roster.
Wade averaged 18 points for the Bulls last season. In 14 seasons, he has averaged 23.3 points, 5.7 assists and 4.8 rebounds a game.
Wade, 35, gave back $8 million of his $23.8 million 2017-18 salary to reach a buyout agreement with the Bulls, league sources said.
