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Wade, Bulls part ways after one season

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The Dwyane Wade era in Chicago is over.

Chicago Tribune’s K.C. Johnson reported that the veteran guard and the Bulls have agreed on buy-out deal that would make Wade a free-agent.

Wade is set to earn $23.8M this coming season before he becomes a free agent next summer.

ESPN’s Adrian Wojnarowski reported that Wade is set to return at least $8M of his paycheck as part of the buy-out deal.

Sources around the league say Wade will not be short of teams wanting of his services. Among the rumored possible next stop for the veteran playmaker includes the Cleveland Cavaliers, San Antonio Spurs, Miami Heat and the Oklahoma City Thunder.

Wade averaged 22 points, 5.4 rebounds and 4.6 assists in 36 minutes a game for the Bulls but at 35 he is in the twilight of his NBA career.

By Erel Cabatbat