Wade, Heat deny a deal has been reached

Dwyane Wade is still on the open market.

Both Dwyane Wade and the Miami Heat seem to have refuted a report from Sports Radio 610 claiming Wade has re-signed with the club for one year and will retire after the 2018-19 season.

Wade is an unrestricted free-agent and will only sign with the Heat if he decides to play in his 16th season in the NBA.

Heat president Pat Riley wants Wade to come back, as he feels the future Hall-of-Famer can still play at a high-level.

“I want Dwyane back as a player, a guy who wants to have the greatest year he’s ever had as a player,” Riley said in July. “If he plays, he’s going to want to do it. We don’t want him back as a placemat holder or someone who’s going to be a veteran in the locker room. Dwyane is a great player, a great talent. He can make a big difference for us.”

Wade averaged 12.0 points in 21 games with the Heat last season. He began the year with the Cleveland Cavaliers, but was traded to Miami at the February trade deadline.

The Chicago native posted 16.6 points and 3.6 assists during the postseason and shot 44.3 percent from the field and 33.8 percent from three. Wade turned back the clock a few times during the Heat’s first-round playoff loss to the Philadelphia 76ers. He scored 28 points in the Game 2 win and 25 in the Game 4 loss.

If Wade returns to the Heat, he will most likely sign the team’s $5.3 million exception.