Dwyane Wade, Bulls agree on buyout

The last member of the three alphas is gone.

K.C. Johnson of the Chicago Tribune reported Sunday night the Bulls and Wade have agreed to a buyout.

Wade agreed to give the Bulls $8M of his $23.8M back to the Bulls, reported by Adrian Wojnarowski of ESPN.

Wade, reported to have little to no contact with the Bulls since they traded Jimmy Butler on draft night, opted in to his $23.8M option back in June. It is still amazing how Wade’s people got the Bulls to agree to such a number.

The three time NBA champion expressed at the end of last season that he does not want to be on a rebuilding team. Once the Bulls traded away their star player Butler to the Timberwolves on draft night, the clock was ticking for Wade’s time in Chicago.

My gut feeling was the Bulls and Wade would agree to part ways before training camp. It did not make sense to bring him to camp, let alone play in a Bulls uniform this season. The 35 year old guard would be taking away playing time from the younger players.

Wade averaged 18.3 ppg and shot 31% from three point land last season with the Bulls. His defense was suspect, and his actions of calling out the younger players after a loss to the Atlanta Hawks at the United Center back in January did not sit well with many people. That certain incident ended up to be one of the biggest story lines connected to number three in his one season at the United Center.

Wade will now be in search of a new home. Will he return to South Beach? Or will he join up with LeBron James in Cleveland? Early reported indicate that the Cavs are the front-runners for Wade but according to ESPN.com, he may take some time to decide. The Spurs, and Thunder are other possible landing spots for Wade.

The Bulls report to training camp tomorrow with media day at the Advocate Center. 16 players will arrive and the oldest player–Robin Lopez at age 29.

Let the rebuild begin.


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