With buyout agreement, Bulls waive Dwyane Wade

The Chicago Bulls requested waivers on Dwyane Wade yesterday (Monday).

In his lone season with Chicago, Wade played in 60 games (59 starts) and averaged 18.3 points, 4.5 rebounds, 3.8 assists and 1.43 spg (T-24th in the NBA) in 29.9 minutes while shooting .434 from the field, .310 from distance and .794 from the free-throw line. He originally signed with the Bulls as a free agent on July 5, 2016.

Chicago’s roster now stands at 19.

Per the Chicago Sun-Times, “According to a front office source, all indications are that Wade would be reunited with good friend LeBron James, joining the Cleveland Cavaliers. And Wade could finalize a decision with the Cavaliers as early as Wednesday, according to ESPN’s Adrian Wojnarowski.

More from the Sun-Times: The buyout – which reportedly involved the Bulls paying Wade about $16 million of the $23.8 million he was set to make – was the first topic of business for VP of basketball operations John Paxson to address on media day.”