The move was anticipated for some time but no one knew exactly how quickly it would be executed.  The Chicago Tribune was the first to report that veteran G Dwyane Wade and the Chicago Bulls had agreed to a contract buyout.  The move will allow Wade to become an unrestricted free agent on the eve of most NBA training camps.  Via his relationship with longtime friend and former Miami Heat teammate LeBron James, Wade has been linked to the Cleveland Cavaliers.  Along with the Cavs, are the San Antonio Spurs, Heat and the recently revamped Oklahoma City Thunder as potential suitors for the services of Wade who last season averaged 18.3 points, 3.8 assists and 4.5 rebounds per game.

Miami Heat Team President Pat Riley recently spoke about the fondness that he still has for Wade:

“Other than actually being in love with Dwyane Wade because of our relationship over 13 years when he was here, and remembering when Jason Terry missed that shot in Dallas and Dwyane collared the rebound, threw it to the heavens and we won the championship and he was MVP of that series,” Riley said of the 2006 NBA Finals, “other than that, if something happens, and I can speak to this because he’s under contract to them, I’m just speaking of my experience with Dwyane.”

“I feel great about our relationship that we had over the 13 years,” Riley said. “Anything that happens from a personnel standpoint down the road or any opportunities that are there, we’re always going to approach that.

“But right now he’s under contract with Chicago and I wish him the very best.”