After a single season with the Chicago Bulls, All-Star Dwyane Wade has agreed to a contract buyout, and now plans to sign to the Cleveland Cavaliers.
According to ESPN, once the NBA star clears waivers on Wednesday (Sept. 27), he plans to sign a one-year, $2.3 million veteran’s minimum contract as a free agent with the Cavs.
By joining Cleveland, Wade will reunite with former Miami Heat teammate LeBron James and attempt to win a third NBA championship together.
As most NBA fans know, Wade and James won two championships together in Miami in four trips to the NBA Finals.
Before agreeing to the buyout, Wade had reportedly considered joining the Oklahoma City Thunder, San Antonio Spurs and Heat.
The Cavs went through a lot of change this offseason. Star guard Kyrie Irving left via a trade with the Boston Celtics, and gained All-Star point guard Isaiah Thomas, as well as other pieces.
Wade averaged 18 points for the Bulls last season. He lost $8 million of his $23.8 million 2017-18 salary to reach a buyout agreement, said sources.