Dwyane Wade, Chicago Bulls agree on contract buyout

Sources: Cavs, Spurs, Heat among Dwyane Wade's top suitors

Dwyane Wade

By Adrian Wojnarowski and Brian Windhorst, ESPN

The Cleveland Cavaliers have emerged as clear favorites to land newly minted free agent Dwyane Wade, after he agreed to a buyout agreement with the Chicago Bulls on Sunday, sources told ESPN.com.

Wade agreed to leave about $8 million of his $23.8 million salary on the table after talks between the two sides about a resolution intensified ahead of Monday’s start of training camp.

Wade has a long-standing relationship with LeBron James, who attempted to recruit Wade to Cleveland last summer, but the Cavs didn’t have salary-cap space at the time. James and Wade have kept in touch this summer about Wade’s options, sources said.

Read more at http://www.espn.com/nba/story/_/id/20809443/dwyane-wade-chicago-bulls-agree-contract-buyout

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