Published: Thu, August 17, 2017
Hi-Tech | By Ellis Neal

Are Bulls and Dwyane Wade moving toward a buyout?

Are Bulls and Dwyane Wade moving toward a buyout?

The Chicago Bulls' moves in this offseason indicate that the franchise is preparing to enter a rebuilding phase. In return, the Bulls landed a pair of guards, Zach LaVine and Kris Dunn, and the luxury of moving up in the draft, which turned up Lauri Markkanen.

As soon as Butler was shipped to Minnesota, rumours of Wade's potential buyout was doing the rounds and it won't come as a huge surprise to many that it is close to happening.

Dwyane Wade was one of the highlights of the NBA's offseason previous year, as the three-time National Basketball Association champion chose to return home to Chicago to play for the Bulls.

It appears their suspicions could be correct, as ESPN's Nick Friedell reports that Wade and the Bulls could reach a buyout agreement in the near future.

The Heat were on the verge of making the playoffs last season after a terrible start, losing in a tie-breaker to Wade's Bulls. Previous year they dealt away impending free agent Taj Gibson, and this summer they've been even busier, shipping Butler to Minnesota and cutting Rondo loose after just one season with the team.

The 35-year-old Wade, who put up 18.3 points, 4.5 rebounds, and 3.8 assists per game for Chicago last season, opted into $23.8 million for the 2017-18 campaign earlier this summer.

Once the three-time champion clears waivers he'll be eligible to sign for any team, apart from the Bulls, as an unrestricted free agent. Wade and LeBron James remain close friends, and both have been vocal about wanting to play with each other again before they retire.

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