The Cavs have traded Dwyane Wade to the Heat in exchange for a protected 2024 second-round draft pick.
The trade also creates a traded player exception for the Cavaliers in the amount of approximately $1.5 million.
“We would like to thank Dwyane for everything he brought to this team and to the Cleveland community during his time in Northeast Ohio,” said Cavs General Manager Koby Altman. “A definite Hall of Famer when his playing career is complete, his basketball legacy is cemented by how he carries himself both on and off the floor. His work ethic and commitment to the game of basketball with such an illustrious career was greatly respected by his Cavs teammates and everyone in our front office. We wish Dwyane nothing but the best in his return to Miami, where he established himself as one the NBA’s all-time elite players.”
“We feel that Dwyane can help our team in so many ways,” said HEAT President Pat Riley. “It is a beautiful moment for us, for the city and for the fans. All of us embrace it in the manner that we want to win and that’s why we brought Dwyane back home. We look forward to having a great end of season run as we fight for the playoffs.”
Wade, a three-time NBA Champion with the HEAT, played 12 seasons in Miami, appearing in 855 regular season games (845 starts) averaging 23.7 points, 5.8 assists, 4.8 rebounds, 1.65 steals and 35.7 minutes while shooting 48.8 percent from the field. The 12-time NBA All-Star is the HEAT’s all-time leader in points (20,221), field goals made (7,325), free throws made (5,185), double-figure scoring efforts (816), assists (4,944), steals (1,414), starts, games played and minutes played (30,560). He also ranks among the HEAT’s all-time leaders in blocks (2nd, 759), total rebounds (4th, 4,126), defensive rebounds (4th, 3,051), offensive rebounds (5th, 1,076), double-doubles (5th, 121), field goal percentage (7th, .488) and three-point field goals made (7th, 386). Additionally, Wade, the 2006 NBA Finals MVP, has appeared in 166 career postseason games (all starts) with the HEAT averaging 22.8 points, 5.3 rebounds, 5.0 assists, 1.57 steals, 1.00 blocks and 38.4 minutes while shooting 47.7 percent from the field.
Hammons, who was acquired on July 7, 2017, did not appear in a game with the HEAT this season. He did appear in 25 games (14 starts) with Miami’s G League affiliate, the Sioux Falls Skyforce, this season and averaged 8.6 points, 6.1 rebounds, 1.96 blocks and 20.2 minutes while shooting 53.6 percent from the field.
