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Rumblings of Dwyane Wade leaving the NBA to play in China aren’t as serious as advertised, according to Pro Basketball reporter David Pick.
The Xinjiang Flying Tigers reportedly offered Wade a three-year, $25 million contract.
I'm told Dwyane Wade rumbles to China aren't as serious as advertised. Source: Zhejiang Golden Bulls are signing Panathinaikos scorer Marcus Denmon to $1.2M net deal. His Euroleague rights are owned by the Greek champions for the 2019-20 season.
— David Pick (@IAmDPick) July 25, 2018
Wade is currently in China on a promotional tour. He signed a lifetime deal with a China-based sporting apparel called Li-Ning
The Heat have reached out to Wade multiple times in the hopes of getting a better understanding of what type of contract the future Hall-of-Famer would want to return next season.
Wade has decided to put off all discussions about his future until he returns from China.
The Heat currently have 11 players under contract. The franchise surpassed the luxury tax threshold by more than $3 million to re-sign guard Wayne Ellington.
Miami’s projected tax payment is at $4.9 million, but if Wade agrees to return for the Heat’s $5.3 million exception, the tax would balloon well over $10 million.
Wade, who began this past season with the Cavaliers, averaged 12.0 points in the 21 games in which he appeared with the Heat. The guard averaged 16.6 points and 3.6 assists while shooting 44.3 percent from the field and 33.8 percent from three in five playoff games.