Dwyane Wade is expected to be bought out of the final year of his $23 million deal with the Chicago Bulls, and Joe Vardon of Cleveland.com is reporting people close to LeBron James are "fairly confident" he will join the Cleveland Cavaliers.
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Wade opted into the final year of his two-year contract with the Chicago Bulls earlier this offseason, a $23 million one-year deal. But he apparently won't finish the year with the Bulls according to ESPN's Nick Friedell:
"Dwyane Wade isn't long for the organization's future and is expected to reach a buyout agreement at some point in the next few months."
The move comes after the Bulls traded Jimmy Butler to the Minnesota Timberwolves, fully committing to a rebuild.
Wade teaming up with James makes a ton of sense on the surface, but not so much from a front office perspective. Expiring contracts are typically gold in the NBA, and Pro Basketball Talk points out, his contract could be useful in a trade.
Wade is a 12-time All-Star, 2005-06 Finals MVP, eight-time All-NBA player and former three-time All-Defensive player.
