Dwyane Wade, a presumed Miami Heat lifer, has decided to opt out of his contract with the Miami Heat and will test free agency this off-season.
Pat Riley and the Heat were hopeful that D-Wade would opt in for the final year of his contract, worth about $16 million, but now they’ll just have to wait and see what he can get on the open market.
“Everybody in this organization over the years has had to sacrifice,” Riley said of Wade last week. “The one player that’s had to sacrifice [most] for the sake of winning has been him. This is now getting down to business. We respect him. We want him back. We want him here for the rest of his career. And we’re going to try to do everything to make that happen.”
Wade is reportedly looking for a deal that would average out to $16 million over the next three seasons. Teams like the Lakers, Clippers and Cavaliers have expressed interest in signing the 33-year old vet, though the Clips and Cavs wouldn’t be able to offer Wade the lucrative offer that he seeks.
Wade will officially become a free agent at midnight on Tuesday night, as the NBA’s free agency opens up on Wednesday, July 1st.
On the plus side for Miami, Luol Deng has opted-in and it’s highly likely they’ll be able to hang on to Goran Dragic. Bosh will be back from injury next season as well, so if Wade returns- with the addition of Justise Winslow- Miami will be right back in the playoffs next season.
But lets face it, even if Wade splits, they’ll probably still have a squad that’s good enough for a playoff spot in the lousy Eastern Conference.
— ESPN Stats & Info (@ESPNStatsInfo) June 29, 2015