Chicago Bulls executive vice president John Paxson reiterated Thursday the team expects to sit down and discuss a possible buyout with veteran guard Dwyane Wade next week when training camp begins.
Paxson implied as much during an appearance on WSCR-670 AM radio in Chicago.
“Some dialogue is going on,” Paxson said (via the Chicago Tribune). “We understand where (Wade) is at this time of his career. We’re more than willing to work with him. But as I said when we had the press conference to introduce the new players after the draft, we have to always do what’s in our best interest. So there has to be something that is mutually agreed upon. It can’t be something the player wins because that’s what he wants.
“We want to work with Dwyane because we respect him very much. If he doesn’t want to be here, then we want to do (the buyout). But again, the bottom line is always — and it has to be — that we have to do what’s in our best interest.”
Wade, 35, is believed to leaning toward the Cleveland Cavaliers if a buyout with the Bulls is reached. Sources have repeatedly told Amico Hoops that both the Bulls and Wade would prefer to reach a buyout agreement sooner rather than later.
Wade did not comment last week when asked by the Tribune if he would feel comfortable in a mentoring role. He has said he would like to compete for a championship again before he retires.
“The only thing I’ll say is right now my plan is to be in training camp,” Wade told the Tribune two weeks ago.