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).
Feb 1, 2015, 6:30 PM EST
A new kind of videobomb
Feb 1, 2015, 5:00 PM EST
Popovich’s non-reaction is pretty good, too.
Feb 1, 2015, 3:30 PM EST
Green has already had a 10-day with the Spurs.
Feb 1, 2015, 1:12 PM EST
Rondo suffered the injury during the Mavs’ Saturday win over the Magic.
Feb 1, 2015, 12:30 PM EST
Pistons fans booed Smith every time he touched the ball.
Feb 1, 2015, 11:00 AM EST
Greek Freak preparing well for dunk contest
Feb 1, 2015, 9:30 AM EST
Before helping Seattle Seahawks reach Super Bowl, Lynch was high school teammate of Leon Powe
Feb 1, 2015, 8:00 AM EST
Kent Bazemore moves into starting lineup with DeMarre Carroll also out
Feb 1, 2015, 12:30 AM EST
Jan 31, 2015, 11:00 PM EST
Three misses and a frustration foul on a single possession.
Jan 31, 2015, 9:30 PM EST
Minnesota fans boo Love during pregame intros, cheer him during tribute video
Jan 31, 2015, 8:00 PM EST
Jan 31, 2015, 6:30 PM EST
Kanter was dismissive of both Klay Thompson and Andrew Bogut before Friday night’s win.
Jan 31, 2015, 5:00 PM EST
Cleveland plays the Timberwolves in Minnesota on Saturday.
Jan 31, 2015, 3:59 PM EST
Jan 31, 2015, 3:21 PM EST
With Ricky Rubio, Nikola Pekovic and Kevin Martin back in the rotation the Timberwolves will not be such a pushover.
Jan 31, 2015, 2:00 PM EST
Green being unexpectedly held out led some to speculate that he might be dealt.
Jan 31, 2015, 12:30 PM EST
They’re not winning, but they still produce some highlight plays.
Jan 31, 2015, 11:00 AM EST
The tenth in Bryant’s signature line returns to a low-top silhouette, and the first colorway is inspired by Kobe’s early morning high dive as he recovered from Achilles surgery.
Jan 31, 2015, 9:30 AM EST
Denver’s offer of J.J. Hickson and JaVale McGee isn’t enough for Brooklyn to pull the trigger — especially with Lopez coming off of a 35-point, 12-rebound performance against the Raptors.
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- Nike unveils latest signature shoe for Kobe Bryant, the Kobe X (PHOTOS) 11
- Report: Nuggets trying to trade for Brook Lopez 12
- Last summer Carmelo Anthony, Kobe Bryant talked, decided it wouldn’t work together 32
- Jimmy Butler even plans to play defense in the All-Star Game 9
- Damian Lillard “disappointed,” “disrespected” not to make All-Star team 45
- DeMarcus Cousins replaces Kobe Bryant in All-Star game 11
- Tyson Chandler, better than ever, thinking legacy 10