Shooting guard, Dwayne Wade is returning home, as he commits to signing with the Chicago Bulls.
The three-time champion agreed to a two-year $47 million deal with the Bulls. Miami Heat were prepared to offer him a two-year $40 million deal.
And to create space for the incoming shooter, Bulls have agreed to trade Calderon to the Lakers. And will also trade Dunleavy to the Cavaliers.
The richest offer for Wade has been from the Denver Nuggets, who have offered him $52 million over two years. Wade met with the Nuggets Wednesday.
The fifth pick in the 2003 NBA draft has told friends if he ever left Miami, where he has played 13 seasons and won three titles, it would be to play for his hometown Bulls, sources said.
“This was not an easy decision, but I feel I have made the right choice,” Wade said in a letter released to the Associated Press.
“He’s home,” one source close to Wade said of the Chicago native.
“Watching the Bulls growing up inspired me at an early age to pursue my dream of becoming a basketball player,” Wade said in his letter. “My most treasured memories were watching my dad play basketball on the courts of Fermi Elementary School and developing my game at the Blue Island Recreation Center. I have never forgotten where I came from and I am thankful to have an opportunity to play for the team that first fueled my love of the game.”