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Chicago Bulls executive vice president of basketball operations John Paxson has read and heard all the rumors surrounding Dwyane Wade and a possible buyout agreement occurring between him and the Bulls’ brass now that Chicago is going down the rebuild path following the Jimmy Butler trade.
Paxson spoke with CSNChicago.com after the Bulls introduced Doug Collins as their new special advisor on Tuesday and addressed the rumors by saying he and Wade will talk when the future Hall of Famer comes into town ahead of the start of training camp.
“We can’t do anything about it,” Paxson said of the rumors. “To be very honest, me and (general manager) Gar (Forman) sat down with Dwyane when the season ended. We were honest with him. We told him, ‘We don’t know what’s going to happen.’ At that time we were not shopping Jimmy. But we said all along that if a deal would come along that would allow us to rebuild, we’d have to look at it. We’ve said that to everybody. With that said, Dwayne’s under contract. He has been a professional through and through. We want to talk to him when he comes into town, and we will. Until then, I read the same things you do. But Gar and I will sit down with Dwyane when he comes to town.”
Multiple reports have claimed Wade and the Bulls will eventually agree to a buyout that will allow Wade to join a contender instead of being stuck with the Bulls’ youth movement.
ESPN reported a few weeks ago that LeBron James‘s camp expects Wade to end up with Cleveland.
Insiders around the league believe Wade will be on the Bulls’ roster to start the season, with buyout talks likely coming closer to the February trade deadline.
Wade, 35, averaged 18.3 points, 4.5 rebounds and 3.8 assists per game last season, his first in Chicago after spending 13 years in Miami.