Jul 15, 2014, 4:43 PM EST
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).
Dec 25, 2014, 9:24 PM EST
Bryant misses his second straight game simply due to a need for rest.
Dec 25, 2014, 6:46 PM EST
With Kevin Durant out, Westbrook puts Oklahoma City on his back, elevates Steven Adams and helps produce 114-106 victory
Dec 25, 2014, 6:10 PM EST
Scott Brooks: Kevin Durant ‘could not go if he wanted to go’
Dec 25, 2014, 4:15 PM EST
Washington was never threatened after the first quarter.
Dec 25, 2014, 2:46 PM EST
A multiple game suspension is following.
Dec 25, 2014, 2:00 PM EST
Well, it’s a pretty easy goal to reach.
Dec 25, 2014, 12:30 PM EST
Kevin Durant would not start as of right now, but expect that to change once he starts playing again.
Dec 25, 2014, 11:00 AM EST
Howard and Smith were AAU teammates.
PBT Christmas Day preview: Late game between Clippers and Warriors will see league’s best rivalry renewed
Dec 25, 2014, 9:30 AM EST
These teams do not like each other.
Dec 25, 2014, 8:00 AM EST
And at No. 1… come on, isn’t it pretty obvious?
Dec 25, 2014, 2:13 AM EST
This will be his fourth game missed with a sprained ankle, they are 1-2 without him the last three.
Dec 24, 2014, 11:00 PM EST
The Wizards are an underrated team in the East. The Knicks… not so much.
Dec 24, 2014, 9:30 PM EST
Previewing the Bulls vs. Lakers matchup at the United Center.
Dec 24, 2014, 9:00 PM EST
Colorways inspired by shoes Michael Jordan wore during his best Christmas Day performance.
Spurs and Thunder, who’ve been best in the West lately, both fighting for position entering Christmas matchup
Dec 24, 2014, 7:00 PM EST
Injuries to Kevin Durant, Russell Westbrook and Kawhi Leonard have put both teams behind the eight ball
Dec 24, 2014, 6:06 PM EST
An additional confirmation that no Deron Williams deal gets done on Sacramento’s side unless they can also get the talented young big man as part of the package.
Dec 24, 2014, 5:30 PM EST
Young says Lakers played liked ‘Django Unchained’ without Kobe Bryant
Dec 24, 2014, 4:00 PM EST
Boston has Brandan Wright, large trade exception
Dec 24, 2014, 3:00 PM EST
The NBA has given us some good presents to open for Christmas.
Dec 24, 2014, 2:15 PM EST
McHale earned this.
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- PBT Extra: Top 5 NBA stories of 2014 0
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- Nikola Vucevic and Tobias Harris coming into their own for Magic 6