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REPORT: Wade and Bulls Reach Contract Buyout

The Chicago Bulls and Dwyane Wade have agreed to a contract buyout that would make Wade a free agent.

Basketball Insiders

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The Chicago Bulls and Dwyane Wade have agreed to a contract buyout that would make Wade a free agent. According to ESPN’s Adrian Wojnarowski‏, Wade is leaving some $ 8 million of his $23.8 million salary in order to reach his exit.

Wade had opted into the final contract year of his agreement prior to the 2017 NBA Draft, believing that the Bulls were going to stay the course. However, several days after Wade opted in, the Bulls decided to trade guard Jimmy Butler and embark on a rebuild.

Assuming Wade clears the NBA waiver process, he’ll be free to choose his next team. The prevailing thought is Cleveland and good friend LeBron James will be the front runner, although the Oklahoma City Thunder and Miami HEAT are expected to be in the discussion.

The minimum salary for a player with Wade’s experience is $2.3 million.

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2018 Free Agency Diary

Sources: Kings, Nemanja Bjelica Agree to Deal

Basketball Insiders

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Forward Nemanja Bjelica has agreed to a three-year, $20.5M deal with the Sacramento Kings, league sources tell Yahoo. Third year will be non-guaranteed.

Source: Shams Charania on Twitter

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2018 Free Agency Diary

Sources: Lakers, Michael Beasley Agree to Deal

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Free agent Michael Beasley has agreed to a deal with the Lakers, league sources tell Yahoo.

Source: Shams Charania on Twitter

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2018 Free Agency Diary

Sources: Yogi Ferrell Backs Out of Deal with Mavericks, Signs with Kings

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Sources: Guard Yogi Ferrell has changed course on Dallas Mavericks deal in order to reenter free agency. “We felt uncomfortable and will weigh our options,” agent Cervando Tejeda said.


Yogi Ferrell and the Sacramento Kings have come to terms on a deal, league sources tell Yahoo Sports.


Yogi Ferrell’s new Kings contract will be for two years and $6.2M, league sources said.

Source: Shams Charania on Twitter

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