On Tuesday, Wade posted a picture to his Instagram account of Wade wearing a Heat track suit, with the message "Home is Where The Heart Is... My Home, My City, My House..#HeatLifer"
While terms of the deal were not immediately reported, ESPN's Brian Windhorst hinted at the deal's worth in a tweet posted earlier Tuesday.
Based on Heat's moves yesterday & their commitments, appears Dwyane Wade lining up for a deal that starts at about $15 million — Brian Windhorst (@WindhorstESPN) July 15, 2014
Wade, 32, averaged 19.0 points, 4.7 rebounds and 4.5 assists last season, posting a 22.0 player efficiency rating and 5.5 win shares as the Heat earned the No. 2 seed in the Eastern Conference before losing to San Antonio in the Finals. Wade struggled against the Spurs, scoring a combined 21 points on 7-of-25 shooting in consecutive losses in Games 4 and 5.
Wade was ranked No. 5 on SI.com's list of top 25 free agents.
Wade is perhaps the toughest player to rank. He can still get maximum velocity on his fastball, just not every night. His integral role for a championship contender, however, helps keeps him among his fellow perennial All-Stars on this list.
The Heat rested Wade for a third of the season, a strategy that paid dividends throughout the East playoffs, as he burned the Bobcats (now Hornets), Nets and Pacers. The smooth explosiveness that has defined him as a player gave way to choppy helplessness in the Finals, though, as Wade struggled to create space and finish around the basket. That Wade ended the year on a low note -- outscored by Patty Mills in Games 4 and 5 of the Finals -- shouldn't completely erase his accomplishments, but he is a diminished player who averaged fewer than 20 points for the first time since his rookie season while playing a career-low 32.9 minutes.
A first-round pick out of Marquette in 2003, Wade exercised the early termination option in his contract last month, after the fourth year of a six-year deal worth $108 million, to become an unrestricted free agent.
Source tells Sun Sentinel that Dwyane Wade's contract to return is done. — Ira Winderman (@IraHeatBeat) July 15, 2014
- Chris Johnson