Despite the incessant rumors of a possible move to the Cleveland Cavaliers or the Miami Heat, shooting guard Dwyane Wade has not talked to the Chicago Bulls' brass since the team traded former teammate Jimmy Butler, according to Alex Kennedy of HoopsHype.

The 12-time All-Star is expected to engage in buyout talks with the organization before the start of the regular season, though.

Wade could become one of the hottest free agent commodities after a frenzied offseason that has seen an all-time high in salaries and plenty of moves to keep NBA fans entertained.

The 35-year-old is owed a whopping $24 million for next season and would have to take a major shave off that amount to make a buyout possible, in light of the rebuilding process the franchise has chosen to undergo.

Wade was rumored to be looking for a comeback to the Miami Heat, but the South Beach backcourt is jam-packed with six players between the two guard spots, making this a potential logjam if Wade was to arrive as a free agent acquisition. Miami has chosen to go young and build around cornerstone Hassan Whiteside, making Wade's potential homecoming a rather aesthetic move than a functional one.

LeBron James' camp is expecting Wade to join the Cleveland Cavaliers at some point this upcoming season, but the process will be a painful one with the Cavs' proverbial hands tied to their salary tax situation and the Bulls unlikely to cut Wade any slack in the buyout process, hoping to take the least amount possible contractually to put him on the free agent wire.

While nothing between Wade and the Bulls has gotten started, talks could soon begin, ensuing a league-wide race for his services.