Bulls Sign Dwyane Wade

JULY 15, 8:56pm: The Bulls have issued a press release officially announcing their deal with Wade.

“We are thrilled that Dwyane has decided to come to Chicago,” Bulls GM Gar Forman said in a statement. “It’s not often you get the opportunity to add a three-time champion and 12-time All Star to your roster. We are delighted he has decided to become a Bull, as he provides a great veteran perspective on the court and in the locker room. He will be a tremendous fit with our team.”

JULY 6, 9:50pm: The deal includes a player option for the second year, Wojnarowski tweets.NBA: Orlando Magic at Miami Heat

8:30pm: Dwyane Wade has informed the Bulls that he plans to sign with the team, Adrian Wojnarowski of The Vertical reports. Wade’s deal will be for $47MM over two seasons. Chicago was the only place Wade could see himself playing outside of Miami, as people close to the shooting guard told Brian Windhorst of ESPN.com (Twitter link). The deal is pending, as Chicago will need to clear cap space to accommodate a significant contract for the 34-year-old.

The Bulls are working to trade Jose Calderon and Mike Dunleavy in an attempt to clear space. The team has a trade in place for Calderon, according to K.C. Johnson of the Chicago Tribune, and Marc Stein of ESPN.com reports via Twitter that the Nets could be a potential trade partner. The Bulls remain confident that they will be able to move Dunleavy before the night is over, Johnson adds on Twitter.

Wade felt the team no longer appreciated him and that, coupled with bitterness over contract talks, led to his departure, sources tell Wojnarowski. The Heat were unwilling to offer a third year, which also factored into Wade not re-signing. Wade is a Chicago native who grew up idolizing Michael Jordan, as Wojnarowski writes.

The Bulls believe having Wade on the roster will not only offer a more competitive team during the 2016/17 season, but it will also help them land a marquee free agent next summer, Johnson tweets. Johnson tweeted earlier in the day that Wade could choose the Bulls without a face-to-face meeting since he met with the team twice back in 2010.

The Heat selected Wade with the No. 5 overall pick in the 2003 draft. He led the team to three NBA titles and five Eastern Conference crowns. The 12-time All-Star will head to Chicago and join Jimmy Butler and newly signed point guard Rajon Rondo in the backcourt.

Photo courtesy of USA Today Sports Images.

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61 Comments on "Bulls Sign Dwyane Wade"

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Gogerty
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Gogerty
2 months 19 days ago

Holy crap, didn’t see that coming.

dejavu1
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dejavu1
2 months 19 days ago

Wow

angrypoptart99
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angrypoptart99
2 months 19 days ago

Dwade moving to SF

Vegandork
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Vegandork
2 months 19 days ago

Haha…no, Butler can play the 3

Priggs89
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Priggs89
2 months 19 days ago

Is this the most incompetent front office in all of basketball? If not, they are up there. Why would you bring in Hoiberg to get the offense running and gunning and then sign Rondo and Wade? It’ll be super fun watching Rondo, Wade, and Butler chuck 3’s… not.

I honestly think they’ve accepted the fact that they can’t beat the Cavs or Warriors (and countless other teams), so they decided to sign players that would “excite the fans” rather than blowing it up. Newsflash – anyone that’s excited about these signings doesn’t know good basketball.

Vegandork
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Vegandork
2 months 19 days ago

The bulls are light years better than last year’s squad with this move. Heck, they were better just replacing Rose with Rondo.

Bulls might be 2-3 in the East. Sure, Cleveland is loads better. But injuries get every team. Hard not to consider them a contender. Rondo-Wade-Butler is about as good a 1-2-3 as the East has.

Priggs89
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Priggs89
2 months 19 days ago

Lol no, it’s not. It’s not very good at all, and NONE of them fit what the coach they hired wants to do. This will be the worst 3 point shooting team in basketball, and they don’t have any big guys to throw the ball to in the paint. They have nothing. Even if they do make the playoffs, which wouldn’t be an accomplishment in the East, they have 0 chance of winning the East unless every other good player in the East gets hurt. This is a horribly constructed team.

jeremy
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jeremy
2 months 19 days ago

He no star on offense but they do have Lopez who good for 8 to 12 points a game

Priggs89
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Priggs89
2 months 19 days ago

He gets most of those via dunks and putbacks on offensive rebounds. That doesn’t help space the floor or give a team an offensive identity. The good news for him is that they’ll miss a LOT of shots.

bigcubsfan
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bigcubsfan
2 months 18 days ago

Can you use correct grammar? I can’t even understand what you tried to say.

justinept
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justinept
2 months 19 days ago

No one thinks they’re going to win the East. But so long as no team is going to make a real offer for Butler, the Bulls are stuck in hell. They might as well sign a guy like Wade, a former star with enough league-wide respect to perhaps shake the Bulls perception of being an organization that dismisses its star talent.

Priggs89
Member
Priggs89
2 months 19 days ago

The Celtics offered Crowder, the #3 pick, and the #16 pick (I believe that was their second pick) for Butler. That’s a real offer for a team that should be rebuilding, especially since they “loved” Dunn.

bigcubsfan
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bigcubsfan
2 months 18 days ago

They will at least make the playoffs this year. I am not saying signing Wade makes them great, it just improves them, but you are completely wrong. If “they have nothing”, tell me why they didn’t have the worst record in the NBA last year? Also, tell me how Butler = nothing.

Priggs89
Member
Priggs89
2 months 18 days ago
The “they have nothing” comment refers to the team’s offensive identity, not players. In a vacuum, they have a couple decent basketball players and one that is potentially very good in Jimmy Butler. That being said, none of them fit the system the coach wants to run, and none of them fit together in general. They didn’t finish dead last in the NBA last year because there are a lot of horrible basketball teams in the NBA… The Bulls weren’t horrible last year, they were just bad. They very well should be better next year, but they still won’t be… Read more »
jeremy
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jeremy
2 months 19 days ago

Those 3 won’t shoot 3s but don’t they have two guys who are pretty good 3 point shooters. With rondo at point people will be getting their shots

Priggs89
Member
Priggs89
2 months 19 days ago

So 3 of their starters that will be playing a ton of minutes are bad 3 point shooters, and their Centers aren’t scorers. You really think that’ll work in today’s NBA? They will have NO spacing at all.

Stromalama
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Stromalama
2 months 19 days ago

This is a move for next season, not this upcoming season. Wade will be a draw for other free agents and the Bulls will have money to spend.

Priggs89
Member
Priggs89
2 months 19 days ago

Please tell me you aren’t serious. Who is a 35 year old Dwayne Wade going to draw to the Bulls? Not to mention they won’t have room to sign anyone to a max contract without shedding more salaries. They’ll be paying Butler, Wade, Rondo (if he stays), Taj, and Lopez somewhere around $80 mil. And they’d still have to fill the rest of the roster. If this is a move for next year, the front office is even dumber than I thought.

This move, along with the Rondo move, is to get the casual fan excited. That’s it.

Gogerty
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Gogerty
2 months 19 days ago

I am so excited… Win for FO.

justinept
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justinept
2 months 19 days ago

It’s not about someone coming to Chicago to play with Wade. The Bulls have suffered for 20 years with the perception that the organization isn’t star friendly. Free agents have shied away from Chicago as a result. Wade has enough league-wide respect to dismiss that perception entirely. That’s his value to the organization.

Priggs89
Member
Priggs89
2 months 19 days ago

You really think signing a 34 year old ex-star player to a somewhat discounted deal to come back to his hometown will affect how star players view Chicago? It won’t.

bigjonliljon
Member
bigjonliljon
2 months 19 days ago

It’s a stupid move. It’s about putting butts in seats not putting together a winning team

Steve Pasek
Member
Steve Pasek
2 months 19 days ago

I would agree. As someone whose butt was already forcibly in season ticket seats, I guess this is more interesting than a season of watching Butler get double-teamed and Felicio get repeatedly faced going for rebounds. Still, a weird set of pieces that don’t seem to fit together. They still likely are going to try to pull something into the Hinrich trade exception and try to get rid of Snell if they can get someone to take him. I wouldn’t be surprised to see Taj Gibson go somewhere as well.

Steve Pasek
Member
Steve Pasek
2 months 19 days ago

I would agree, they have replaced a team of parts that don’t fit in one way with a team of parts that don’t fit in a different, equally frustrating way — unless they have another deal in store. Any way you go, this does not fit HoiBall, so he is in for another troubling year.

Maksim
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Maksim
2 months 19 days ago

Yes finally

bravesfan
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bravesfan
2 months 19 days ago

Damn

mike
Member
mike
2 months 19 days ago

Dwayne El Duque Wade. The oldest 34 year old there is

aarongill
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aarongill
2 months 19 days ago

Wow. Bulls picked up Lopez(better than Noah) and replace Rose with Wade and Rondo. Good offseason. As for the Heat, it burns.

jeremy
Member
jeremy
2 months 19 days ago

Bulls look pretty good. Butler has a Healther PG and wade who can help take the pressure off Butler. Plus they have a younger Healther center. Bulls might surprise people.

Thronson5
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Thronson5
2 months 19 days ago
Crazy off season. I know Wade had a good year and good playoffs but I feel like this is going to be another Kobe deal. He will break down and they’ll be stuck with that big contract. That’s just my opinion and could be completely wrong. I think the Heat did the right thing by not overpaying even if he did take pay cuts. Wonder what the Hears next move is. They got a different looking team with no Wade and no Deng especially if Bosh can’t stay on the court and who knows if Whiteside is going to pan… Read more »
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