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LeBron, Cavs have Wade smiling again

Newly signed Cleveland Cavaliers guard Dwyane Wade was formally introduced to the media Friday and the 35-year-old was all smiles, as he is reuniting with his pal LeBron James in joining the three-time defending Eastern Conference champions.

Wade signed a one-year, $2.3 million deal with the Cavs after reaching a buyout agreement with the Chicago Bulls. He has already practiced with his new teammates -- running the backup point guard spot in the last two practices, according to head coach Tyronn Lue. The future Hall-of-Famer told the assembled media at the Cleveland Clinic Courts that James contacted him shortly after the Bulls traded star forward Jimmy Butler on draft night. With the Bulls changing course and heading for a rebuild, both LeBron and Wade knew Wade's stay in Chicago was coming to an end and that it was only a matter of time until he signed with the Cavs.

As for his role in Cleveland, Wade says he'll do what he's told to do and that he is joining a really deep roster.

Wade added being back with James is a great feeling and that the two stars have been taking it all in so far.

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"Every time we walk by each other in the locker room and everywhere, we just look at each other and shake our head because it just don't seem real," Wade told reporters. "It's like, 'How did this happen? How did we get here? We just start laughing every time we walk by each other.

"It's like peanut butter and jelly, man, we just go together."