In a shocking turn of events, the Miami Heat have apparently lost out on the Dwyane Wade sweepstakes after the guard has reportedly told the Chicago Bulls he's signing with them. Wade will reportedly sign a two-year deal worth $47 million.
Adrian Wojnarowski has the full details:
Dwyane Wade has informed the Bulls he plans to sign a deal with them, sources tell @TheVertical. Bulls sending out contracts now.
— Adrian Wojnarowski (@WojVerticalNBA) July 7, 2016
Sources: The Bulls are working to complete deals to trade Jose Calderon and Mike Dunleavy to help clear space for Wade.
— Adrian Wojnarowski (@WojVerticalNBA) July 7, 2016
The Bulls are expected to now trade away both Jose Calderon and Mike Dunleavy in order to free up some cap space to sign Wade to the $25 million a year contract he and the Bulls agreed on.
Sources: The Bulls are working to complete deals to trade Jose Calderon and Mike Dunleavy to help clear space for Wade.
— Adrian Wojnarowski (@WojVerticalNBA) July 7, 2016
This is by far the most unexpected move of the summer, far more shocking than Durant leaving the Thunder for Golden State.
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