Back to the Top News Newsfeed

Report: Bulls, Dwyane Wade reach buyout agreement; Cavs, Spurs, Heat early leaders

Three-time NBA champion Dwyane Wade has reached an agreement with the Chicago Bulls to buy him out of his contract, according to a report from K.C. Johnson of the Chicago Tribune.

ESPN's Adrian Wojnarowski also reported on the buyout, adding that in a post-Bulls buyout, the Cleveland Cavaliers, San Antonio Spurs and Miami Heat are early favorites to land his services -- with burgeoning Western Conference power Oklahoma City Thunder a dark horse candidate for his services.

This summer, Wade picked up his player option with the Bulls, citing '$24 million reasons' to do so -- obviously, an indicator of the $24 million he stood to make by doing so.