Jul 15, 2014, 4:43 PM EDT
UPDATE 4:43 pm: The Miami Heat have made it official, Wade has re-signed in Miami.
“Dwyane has been the franchise cornerstone for this team since the day he arrived 11 years ago,” said Heat President Pat Riley in a released statement. “He has shown his commitment to the Heat many times over the course of his career and has always been willing to sacrifice in order to help build this team into a champion. This time is no different. I am ecstatic to have him back in the fold and I am confident that Dwyane, as always, will be leading this team as we look to contend for NBA Championships.”
“I am proud to have spent every single day of my career as a member of the Miami Heat and to have brought three championship titles to this great city,” Wade said in his statement. “I’ve been here through the good times and the hard times. I have confidence in the Miami Heat organization and the team they are building. To all the Heat fans, in Miami and around the world, I know you will continue to show support for our team.”
Wade’s deal is two seasons starting at more than $16 million per year, with a player option on the second year.
2:23 pm: Dwyane Wade made the announcement himself on Instagram, in a way to contrast it from the guy who bolted town.
Home Is Where The Heart Is… My Home,My City,My House..#HeatLifer
We told you Wade was close to a deal with the Heat. Multiple reports confirm the deal is now done.
The deal appears to be for two years at $15 million a year, with a player player option after the first year.
Is Dwyane Wade and his knees worth that kind of money now? In the strict “would I pay a free agent from another team that?” sense no. Wade still produces when on the court, scoring 19 points a game with a very good .588 true shooting percentage and a PER of 22. But he only played in 54 games last season as part of a “knee maintenance program” and he still was slowed by the Finals, his explosiveness gone.
But it’s not about on the court, it’s about him being the face of Heat basketball for more than a decade. It’s about loyalty. It’s about rewarding/thanking him for that service. It’s about taking care of family. For the Heat and Pat Riley, they believe that if you take care of players like this other players (and their agents) see that and want to be part of that kind of organization. It’s part of what is behind Kobe Bryant’s contract with the Lakers (although the money he still draws in there impacts that decision as well).
Oct 2, 2014, 8:00 AM EDT
Gasol chose the polar vortex over the beach.
Oct 2, 2014, 12:25 AM EDT
Stephen Curry, Klay Thompson, Andre Iguodala, David Lee and Andrew Bogut dominated last season and return for more
Oct 1, 2014, 11:15 PM EDT
Kobe takes championship-or-bust mentality
Oct 1, 2014, 10:20 PM EDT
George wants to re-join the Pacers for the playoffs
Oct 1, 2014, 9:25 PM EDT
Thunder forward says he doesn’t (unless he’s joking like Kevin Martin)
Oct 1, 2014, 8:30 PM EDT
Get fouled on a missed 2-pointer – one free throw worth two points
Get fouled on a missed 3-pointer – one free throw worth three points
Oct 1, 2014, 7:35 PM EDT
OK, what did I get wrong?
Oct 1, 2014, 6:40 PM EDT
Two young players trying to prove to new coaches they deserved minutes. This is a real setback for both.
Oct 1, 2014, 5:50 PM EDT
The show is on Disney XD. I suppose there are worse things your child could watch.
Man sues Madison Square Garden saying he was ejected from Knicks game for saying “Carmelo, you stink”
Oct 1, 2014, 5:01 PM EDT
A Madison Square Garden spokesman called the lawsuit “frivolous.”
Oct 1, 2014, 4:20 PM EDT
Dirk loves him some Hoff.
Oct 1, 2014, 3:40 PM EDT
Thing is, Rodman fit the triangle and what Jackson wants to do with a team. Smith…. not so much.
Oct 1, 2014, 3:01 PM EDT
Monroe had a busy offseason in terms of appearances in the NBA’s news cycle.
Oct 1, 2014, 2:21 PM EDT
LeBron is taking on a leadership role early in his second stint in Cleveland.
Oct 1, 2014, 1:41 PM EDT
Broken hand is supposed to sideline Rondo for 6-8 weeks.
Oct 1, 2014, 1:00 PM EDT
I list my personal picks for top five backcourts.
Oct 1, 2014, 12:21 PM EDT
Second round pick foregoing additional guaranteed dollars in order to bet on himself.
Oct 1, 2014, 11:39 AM EDT
Reminder not to believe everything you read, especially if it’s attributed to ‘a source.’
Oct 1, 2014, 11:00 AM EDT
Cousins was tied for the league lead with 16 last season.
Oct 1, 2014, 10:00 AM EDT
The new-look Hornets, with Lance Stephenson in tow, are hoping to build on a playoff run and a promising young core.
- Hey John Wall/Dion Waiters, Stephen Curry says Warriors have best backcourt. And he’s right. 43
- ProBasketballTalk 2014-15 Preview: Charlotte Hornets 6
- Kobe Bryant plans to play in all 8 preseason games for Lakers 11
- ProBasketballTalk 2014-15 Preview: Miami Heat 9
- Mike Miller points to him being amnestied as start of LeBron James leaving Miami 15
- Kobe Bryant thinks he could physically play beyond contract extension 14
- Trey Burke, in wake of nude-photo scandal: ‘My judgments will be much better’ 11
- Report: Kevin Durant says he wants to play in 2016 Olympics (his free agent summer) 5