Bulls Pursuing Dwyane Wade

4:31pm: A person close to Wade tells ESPN’s Mark Jones that the shooting guard has no interest in playing for the Bulls, adding that Wade recently sold the house he had there (Twitter link).

3:20pm: The Bulls are “gauging interest” with Dwyane Wade, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). It’s not clear whether Wade, a Chicago native, would be receptive to a homecoming, given his longstanding ties to the Heat, for whom he’s played his entire NBA career. Wade spent Thursday with LeBron James in an apparent attempt to recruit him back to the Heat, but with James off to the Cavs and Chris Bosh nearing a commitment to the Rockets, the Bulls want to see whether a third member of Miami’s star trio is also willing to leave South Beach.

Wade, 32, has seen his game decline in recent years as trouble with his knees has arisen. Still, he remains a dangerous force, having averaged 19.0 points, 4.7 assists and 4.5 rebounds this past season. He’s No. 7 in the Hoops Rumors Free Agent Power Rankings.

The Bulls are one of two teams that Carmelo Anthony, who’s No. 2 on that free agent list, is reportedly deciding between as he makes his choice of where to sign. The Bulls have also been in hot pursuit of Pau Gasol, and are a favorite for him, too.

Wade passed up two years and about $42MM left on his deal when he opted out in June, ostensibly to help the Heat re-sign James. He’ll have a tough time finding a deal with salaries anywhere close to what he would have made.

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