With Kevin Durant no longer in play, the Heat have shifted their focus back to their own veteran star. According to Dan Le Batard (Twitter link), Miami has put a two-year, $40MM offer on the table for Dwyane Wade. The proposal, which has been confirmed by multiple outlets, includes a player option for year two.
Wade has been shopping around for other offers so far this month, unhappy with how initial talks with the Heat had played out. However, Miami has remained the favorite to sign Wade, and now the team appears to be getting a little more serious in negotiations, with Hassan Whiteside locked up and Durant headed to Golden State.
The Bucks, one of Wade’s rival suitors, have a meeting in New York lined up with the veteran guard for Wednesday, according to Charles F. Gardner of The Milwaukee Journal Sentinel (Twitter link). The Nuggets are also reportedly in the hunt for Wade, but the Heat would probably like to ensure that the former Finals MVP doesn’t take any meetings.
As cap expert Albert Nahmad notes (via Twitter), based on their current projected space, the Heat could offer Wade a deal worth $39MM+ and still match Tyler Johnson‘s offer sheet. If Wade wants more than that, and Miami is willing to oblige, the team would have to renounce, trade, or waive at least one other player. The Heat could also improve their offer to Wade by adding a third year.