Dwyane Wade Rumors | Hoops Rumors

Bulls Notes: Rebuild, Rondo, Mirotic, Wade

June 23rd, 2017 at 12:39am CST by Luke Adams

Bulls executives Gar Forman and John Paxson spoke to reporters late on Thursday night in the wake of the blockbuster trade that sent Jimmy Butler to Minnesota and signaled a full-scale rebuild in Chicago. As Nick Friedell of ESPN.com tweets, Paxson explicitly used the R-word (“rebuild”) in his comments.

As a result of the its new direction, the club will remain “patient and disciplined” this offseason, according to Paxson, who says the Bulls won’t be investing big money in players unless there’s a long-term fit (Twitter link via Friedell).

Here’s more on the Bulls:

Forman said tonight that it’s not yet clear whether the Bulls will pick up Rajon Rondo‘s option (Twitter link via Friedell). According to Sam Amick of USA Today (Twitter link), there has been no discussion yet of a buyout for Rondo, but it’s “clearly a possibility” after the Butler trade. Rondo’s contract has a built-in buyout, since it’s only guaranteed for $3MM right now, so the Bulls would have to waive him by June 30 to avoid being on the hook for another $10MM+.
Despite using the seventh overall pick on Lauri Markkanen, a stretch four, the Bulls intend to re-sign Nikola Mirotic as a restricted free agent, Paxson said (Twitter link via K.C. Johnson of The Chicago Tribune).
Although he won’t be thrilled to see Butler depart, Dwyane Wade is still picking up his player option for 2017/18, as Vincent Goodwill of CSNChicago.com tweets. Paxson suggested on Thursday night that if Wade had serious concerns about the team’s direction, he might not have exercised that option (Twitter link via Sam Smith of Bulls.com).
The Bulls believe newly-acquired Zach LaVine is ahead of schedule in his rehab from an ACL tear, but don’t yet know when he’ll get back on the court, tweets Friedell.
How did Butler react to Thursday’s deal? “He’s great,” a source close to the forward tells Goodwill (Twitter link). “He’s with Thibs now.” Butler’s agent, Bernard Lee, confirmed that his client “has definitely embraced the opportunity to look forward” (Twitter link via Jon Krawczynski of The Associated Press).

Eastern Notes: Howard, Hawks, Wade, Wizards

June 21st, 2017 at 4:11pm CST by Luke Adams

Tuesday’s trade between Atlanta and Charlotte, which sent Dwight Howard to the Hornets for an underwhelming package that included Miles Plumlee and Marco Belinelli, signaled to many that Howard’s value is at a low point. While that may be the case, Hornets head coach Steve Clifford is confident that he can help Howard become an All-Star caliber player again, as Steve Reed of The Associated Press (via The Charlotte Observer) details.

“I know what he has to do to play well,” Clifford said of Howard, whom he coached as an assistant in Orlando and Los Angeles. “He understands that I know him. I know his game. Being around him in different settings I have a feel for what he likes to do… There is no reason he can’t get back to playing at a really high level.”

While we wait to see if Clifford can help Howard rebound after his stint in Atlanta ended with the big man complaining about his role, here are a few more notes from around the Eastern Conference:

The Howard trade between Atlanta and Charlotte will leave the Hawks with a modest trade exception. Atlanta’s new TPE will be worth $4,346,942, and will be the fourth – and largest – trade exception available to the team, as our list of TPEs shows.
Asked why he decided to exercise his player option to remain with the Bulls, a candid Dwyane Wade told David Aldridge of TNT that there were “24 million reasons” (Twitter link). Wade’s option will pay him $23.8MM next season.
The Wizards have reportedly expressed interest in Paul George, and John Wall is on board with the idea of acquiring the Pacers star. However, a trade for George is a long shot, since a sign-and-trade of Otto Porter would be tricky and the inclusion of Bradley Beal is, of course, a non-starter, writes J. Michael of CSNMidAtlantic.com.

Jimmy Butler Warned Not To Come To Cleveland?

June 21st, 2017 at 2:38pm CST by Arthur Hill

2:38pm: A team source tells Amico Hoops that there’s no truth to the idea that members of the Cavs are telling Butler it’s in his best interest not to come to Cleveland.

11:28am: Several Cavaliers players have advised Bulls star Jimmy Butler to resist any trade to Cleveland, according to Joe Cowley of The Chicago Sun-Times.

Unidentified players, who had been encouraging Butler to seek a deal to the Cavs, are now telling him to stay away from the sudden chaos in the organization after the decision not to re-sign GM David Griffin.

Butler had planned to ask Bulls GM Gar Forman and VP of basketball operations John Paxson to find a way to get him to Cleveland, Cowley reports. However, he apparently changed his mind Tuesday afternoon after being contacted by a few Cavaliers.

There are no other teams that Butler wants to join, including the Celtics, according to Cowley, and Chicago’s front office has set an asking price so high that it makes a deal virtually impossible.

Dwyane Wade‘s decision on Tuesday to opt in next season for $23.8MM is also related to the situation in Cleveland, Cowley states. Because Wade is a close friend of LeBron James, he understands how angry James is about Griffin’s departure and knew that Butler is likely to remain a Bull.

Cowley also reports a likely breakup of “The Three Alphas” in Chicago, with Butler and Wade pushing for an alternative to Rajon Rondo. While they like Rondo personally, both stars would prefer a point guard who can shoot from the outside to help space the court.

Butler, who played with Kyle Lowry at the Olympics last year, has been talking to the Raptors free agent about coming to Chicago, and Kyrie Irving has indicated that he might seek a trade to escape a possible shakeup in Cleveland.

Irving’s asking price would be too steep for the Bulls, Cowley speculates, so a third team would have to be involved.

Dwyane Wade To Pick Up Option, Stay With Bulls

June 20th, 2017 at 5:20pm CST by Joshua Fischman

Dwyane Wade has informed the Bulls that he will pick up his player option for next season, Vincent Goodwill of CSN Chicago reports (link via Twitter). Wade’s option for 2017/18 is worth $23.8MM.

Wade, who will turn 36 next January, remains productive, but is coming off a season in which his numbers reached their lowest point since his rookie year. The 14-year veteran averaged 18.3 PPG with a career-low .434 FG% in 60 games for Chicago, failing to earn an All-Star nod for the first time since 2003/04.

Given his declining production, Wade would have had a very hard time finding an offer on the open market that would pay him anything close to the value of his option with the Bulls, so it’s no surprise that he’ll exercise it.

Interestingly, Wade’s decision comes at a time when the Bulls are reportedly becoming more open to the possibility of trading Jimmy Butler. Reports have indicated that Wade has little interest in going through a rebuild, so if Chicago does blow up its roster by moving Butler in the coming days, it’s not out of the question that the team could look to move Wade as well — though his salary would make him a tricky trade chip.

For the time being, Wade is on track to return to a roster that features Butler and Rajon Rondo for at least one more year.

Luke Adams contributed to this post. Photo courtesy of USA Today Sports Images.

Dwyane Wade Leaning Toward Opting In With Bulls

June 20th, 2017 at 8:44am CST by Luke Adams

Dwyane Wade doesn’t have to make a final decision on his player option for 2017/18 until next Tuesday, but at this point he’s leaning toward exercising that option, according to Ramona Shelburne of ESPN.com.

Having signed last summer with the Bulls on a two-year deal that features an opt-out for year two, Wade would earn $23.8MM if he picks up his option for next season. While it’s possible that he could find an offer that exceeds that total figure on the open market, he’s unlikely to top that annual salary.

Wade, who will turn 36 next January, remains productive, but is coming off a season in which his numbers reached their lowest point since his rookie year. The 14-year veteran averaged 18.3 PPG with a career-low .434 FG% in 60 games for Chicago, failing to earn an All-Star nod for the first time since 2003/04.

Wade’s player option decision is complicated by the fact that he has no interest in being part of a rebuilding situation in Chicago, as Shelburne notes. Although a Jimmy Butler trade remains unlikely, Wade’s All-NBA teammate has been the subject of plenty of rumors already this week, so it makes sense for Wade to hold off on his player option decision until after the draft, in case the Bulls decide to move Butler.

Still, sources have indicated to Shelburne that Wade is leaning toward exercising his option for 2017/18 no matter what the Bulls do in the next week. It’s possible that stance is meant to discourage the Bulls from trading Butler, and Wade will continue to monitor that situation. However, the 12-time All-Star genuinely likes playing in his hometown, and has little interest in taking a significant pay cut after settling for discounts for several years in Miami, per Shelburne.

Dwyane Wade Still Pondering Opt-Out Decision

June 14th, 2017 at 8:11pm CST by Arthur Hill

With a June 27th deadline looming, Dwyane Wade hasn’t decided whether to opt out of a $23.8MM salary for next season, according to Vincent Goodwill of CSNChicago.

The Bulls reportedly expect Wade to opt in and spend at least one more season in Chicago, but sources tell Goodwill that Wade hasn’t made up his mind and plans to spend more time on vacation while considering his next move.

Wade had a meeting with Bulls management last week to discuss the team’s plans for the future. Goodwill cites sources close to Wade who said the organization intends to “stay the course” for another season, with no significant personnel moves.

That would mean holding on to Jimmy Butler, who has been the subject of trade speculation for more than a year. Presumably, it would also mean keeping Rajon Rondo, who only has a $3M guarantee through June 30th on his $13.397MM salary for next season.

Wade has said his friendship with Butler played a part in his choice of the Bulls last summer after 13 years in Miami. Chicago management also met with Butler last week to discuss his role in the team’s future.

Family considerations will also affect Wade’s decision, Goodwill notes. Wade’s oldest son will turn 16 during the 2017/18 season, and Wade has said he doesn’t want his children to be moved from city to city as his career winds down.

Bulls Hold Exit Meeting With Dwyane Wade

June 11th, 2017 at 10:29am CST by Arthur Hill

Dwyane Wade‘s exit meeting with the Bulls finally took place Saturday, relays K.C. Johnson of The Chicago Tribune. Wade talked briefly with management after the team was eliminated from the playoffs in late April, and both sides agreed to wait a few weeks for the official meeting.

A source told Johnson the meeting was “positive” and touched on several subjects, including the possible makeup of next year’s team.

Wade has a June 27th deadline to decide whether to opt out of his $23.8MM salary for next season. The Bulls haven’t put any pressure on Wade to make his choice earlier and are preparing for him to opt in, according to Johnson.

Wade said during the season that the prospects for the team would determine his future in Chicago, along with family and financial considerations. The Bulls rallied late in the year to finish 41-41 and claim the final playoff spot, but were eliminated in the first round by Boston.

Wade, who spent 13 years in Miami before signing with Chicago last summer, played 60 games during his first season with the Bulls, averaging 18.3 points per night.

Management held a similar meeting last week with Jimmy Butler, who has been the subject of on-and-off trade rumors over the past year. There is a feeling in Chicago that Wade will only return to the team if Butler stays.

“Jimmy is, you know, a huge component in me being here,” Wade said at an April 29th press conference. “You know, what’s his future like? But at the end of the day it is a me decision. Everyone knows that Jimmy’s my guy, and I’m here because of our conversation [last summer]. But a lot of it depends on the whole big picture. Jimmy’s a big piece, but it’s a big picture as an organization. As players, with player options, I want it smack dead in my face of how it’s gonna be, what their thought of my role or position could be here — all of it.”

Central Rumors: Wade, Bucks, Teague, Butler

May 25th, 2017 at 11:38am CST by Dana Gauruder

Most people around the Bulls organization expect shooting guard Dwyane Wade to opt in for next season, according to K.C. Johnson of the Chicago Tribune. Wade will make $23.8MM if he stays put and declines to re-enter the free agent market. Wade’s role for next season could be a determining factor, as Johnson notes that Wade often served as the anchor to the second unit in second-quarter situations. Coach Fred Hoiberg alienated Joakim Noah during the 2015/16 campaign by demoting him to the second unit, Johnson adds. Wade has until June 27th to decide whether to enter the free agent market, Johnson relays via The Vertical’s Bobby Marks.

In other developments around the Central Division:

North Carolina center Tony Bradley and BYU center/power forward Eric Mika were among the players who worked out for the Bucks on Tuesday, Gerry Woelfel of the Racine Journal Times tweets.
The Pistons will ideally draft a knock-down 3-point shooter or a perimeter player who can make plays off the dribble with the No. 12 overall pick, as Keith Langlois of Pistons.com details.
The Pacers need to re-sign Jeff Teague but the cost will be substantial, according to Jay Siskin of AmicoHoops.net. Teague, who made $8MM this past season, will get a huge raise as he heads into the free agent market for the first time. While Teague enjoys playing for his hometown team, point-guard starved teams such as the Nets, Magic, Mavericks and Knicks could make runs at him and drive up his pricetag, Siskin adds.
Jimmy Butler‘s contract is a bargain for an All-Star player, which is a big reason why the Bulls should hold onto him, Marks writes in his Summer Agenda series. Butler has three years and $56MM remaining on his contract, with the final year being a player option. The uncertainty surrounding Butler has more to do with franchise’s questionable roster decisions and coaching changes rather than Butler’s productivity, Marks adds.

Heat Notes: Wade, Bosh, J. Johnson, Draft

May 6th, 2017 at 7:39pm CST by Arthur Hill

Udonis Haslem and Tyler Johnson made a public appearance today to help Dwyane Wade sell sneakers, but they avoided questions about whether their former teammate might rejoin them with the Heat, writes Ira Winderman of The Sun Sentinel. Wade is considering whether to opt out of his $23.8MM contract with the Bulls for next season. If he does, many believe he will decide to return to Miami, where he spent his first 13 seasons. Haslem and Johnson have both been in touch with Wade since Chicago was eliminated from the playoffs last week. “He’s going to have to make the best decision for him,” Johnson said. “I know he wants to be in a situation where he’s playing for a team that’s kind of established. I don’t think he wants to go through a rebuilding process.”
There’s more news out of Miami:

The Heat are expected to petition the league office soon to have Chris Bosh‘s salary removed from their cap. Bosh was kept on the roster all season after failing a physical in training camp over blood clot problems that have plagued him for the past two seasons. Haslem tells Winderman in the same story that he has contacted Bosh but hasn’t discussed his NBA future. “Chris is one of those guys, when he puts his mind it, he can do anything,” Haslem said. “So he doesn’t lack opportunity. He’s going to have a lot of opportunity to do a lot of things. He’s a very well-rounded guy. And whatever he does, he’s going to be great at it.” If Bosh is able to play enough games for another team, his $52MM salary would be put back onto the Heat’s cap.
Free agent forward James Johnson may not be guaranteed a starting job if he
re-signs with the Heat this summer, Winderman speculates in another piece. With Dion Waiters and Goran Dragic both starting, Johnson may give Miami too many
players on the court at the same time who need to handle the ball. Also, Justise Winslow may claim one of the starting forward slots
when he returns from injury.
Winderman examines who the Heat might take if they keep the No. 14 pick in the May 16th lottery. Players who have been linked to Miami in that spot include Duke’s Harry Giles, UCLA’s T.J.
Leaf, North Carolina’s Justin Jackson, California’s Ivan Rabb, Florida State’s Jonathan Isaac, Gonzaga’s Zach Collins, Indiana’s OG Anunoby, Duke’s Luke Kennard, Wake Forest’s John Collins and two overseas players, Terrence
Ferguson of Australia and Frank Ntilikina of France.

Heat Notes: J. Johnson, Waiters, Wade

May 4th, 2017 at 6:44pm CST by Joshua Fischman

James Johnson is an unrestricted free agent this offseason and teammate Tyler Johnson wants him back with the Heat, reports Anthony Chiang of the Palm Beach Post. Since last summer when James signed with the Heat, the pair have been inseparable.

While James has publicly made it clear that he wishes to remain with the Heat, Tyler, who himself is under contract for three more seasons, knows that anything can happen and ultimately wants the best for his close friend. James enjoyed a career season in 2016/2017, averaging 12.8 PPG, 4.9 RPG, 3.6 APG, while shooting 47.9% coming off the bench in all but five of the 79 games he played (27.4 MPG).

Here’s more on the Heat:

Ira Winderman of the Sun Sentinel contends that Dion Waiters is set to field contract offers big enough “to create pause when it comes to making the Heat salary-cap math work.” Winderman cites Waiters’ excellent final half of the 2016/2017 season as reason why he’ll be coveted in free agency, despite having drawn little interest a year ago.
Barry Jackson of the Miami Herald writes that a Dwyane Wade reunion with the Heat is a possibility. The Bulls front office has been noncommittal about whether it will look to trade Jimmy Butler, who was perhaps the biggest reason Wade signed with the Bulls in the first place. According to Jackson, while the Heat may lack the assets to appeal to the Bulls, Pat Riley will likely at least explore the possibility of a trade for Butler, if the Bulls are taking calls.
Furthermore, according to Jackson, a Wade associate has indicated that he would consider re-joining the Heat under the right conditions. The veteran guard hasn’t closed the door on accepting a bench role, and if Miami were to pursue him, it would likely be for a bench role — and at a reduced salary. Wade has yet to decide whether he will opt out of the final season of his contract with the Bulls.