NBA free agency is here, and there has been a flurry of moves in the first few days. With the cap rising, players are landing lucrative deals, especially compared to previous seasons. Despite many of the big-names agreeing to deals, there are still several quality players left on the market. The biggest name left is Dwyane Wade and the rumors around him are flying. Here are the latest NBA rumors and news you need to know.
Dwyane Wade has signed with the Bulls - Click Here For Details
Latest On Wade?
We'll get to the latest on the Bulls and Wade below, but first we'll focus on the other three teams. The Bucks met with Wade, but don't have the cap space and are now out of the race. The Nuggets and their 50+ million offer are still in the mix. As are the Heat, although they aren't feeling too confident.
Heat meeting with Wade did not necessarily lead to overwhelming optimism or pessimism. Very much up in air, Sun Sentinel told.— Ira Winderman (@IraHeatBeat) July 6, 2016
The Heat could clear the cap space to offer Wade the money he wants by trading Josh McRoberts. However, even that is proving difficult.
Source tells Sun Sentinel: Heat apparently might not be able to move McRoberts to clear Wade space unless a pick or Winslow(!) included.— Ira Winderman (@IraHeatBeat) July 6, 2016
That does not bode well for the Heat, especially since Wade's hometown team is trying to make room for him.
Bulls After Wade?
The Chicago Bulls weren't able to meet with Wade like the other three teams because of flight delays, but they are still trying to land him. In fact, they're trying to clear cap space to afford the $50+ million Wade wants.
Sources: In last few hours, Bulls calling teams to unload contracts, trying to create space to sign Dwyane Wade. Wade is serious about them.— Adrian Wojnarowski (@WojVerticalNBA) July 6, 2016
Sources: Two players Bulls are calling everyone with space on: Jose Calderon and Mike Dunleavy. Those contracts get them toward Wade space.— Adrian Wojnarowski (@WojVerticalNBA) July 6, 2016
It's clear the Bulls are serious about trying to bring Wade back to his hometown. However, those are two contracts that will be tough to move.
Potential Monta Ellis Trade?
The Pacers have already made three trades this offseason and could pull off a fourth. If they do, it would center on shooting guard Monta Ellis.
Sources tell @BLU3WorldOrder that the Grizzlies have reached out to the Pacers exploring trade options for Monta Ellis— Anthony Sain (@SainAsylum) July 6, 2016
Sain's reports is backed up by another one, although this one has another twist on it.
Like @SainAsylum just reported I can confirm the Griz are interested in Ellis. A possible sign & trade of Stephenson for Ellis has a chance.— Ryan Glover (@G_Love24) July 6, 2016
Both Glover and Sain aren't the biggest names, so take their reports with a grain of salt. However, there have been rumors of the Pacers trying to trade Ellis and having interest in Lance Stephenson.
Latest Contract Signings
Many of the big names are off the market, but there are still a few free agents agreeing to deals. The latest signings are posted below.
Related Topics: NBA Rumors Roundup, Lance Stephenson, NBA Free Agency News, Dwyane Wade, Heat Rumors, NBA Free Agency, Bulls Rumors, Monta Ellis, NBA Free Agency Rumors, NBA Rumors, 2016 NBA Free Agency