The thought of former Marquette men’s basketball star, Dwayne Wade returning to Milwaukee was welcome news to many. With the Bucks arena and Wade’s connections in Milwaukee, fans and owners of the team were excited.
Wade met with Bucks primary owner, Marc Lasry in New York, but Wade reportedly agreed to sign with our neighbors to the south, the Chicago Bulls.
More from the Milwaukee Journal Sentinel:
Dwayne Wade’s free agency tour ended with a new destination: Chicago.
Wade reportedly agreed to a two-year, $47 million deal to join the Chicago Bulls on Wednesday night after negotiations with the Miami Heat broke down, meaning he would leave the team he helped lead to three NBA championships. The Vertical reported the Heat refused to add a third year in its contract proposal, leading Wade to choose the Bulls.
Earlier in the day, Wade met in New York with one of the Bucks’ primary owners, Marc Lasry, in a meeting that lasted one hour.
But the Bucks’ salary cap situation remained the same, and Lasry was not able to make an offer to the 34-year-old Wade. Milwaukee needed to trade a big contract — such as Greg Monroe’s $17.1 million salary for next season — to create cap space to sign Wade.
Wade also met with Denver Nuggets officials for two-plus hours and later had a meeting with Heat owner Micky Arison, also in New York. The Nuggets reportedly offered Wade a two-year deal worth $52 million while the Heat earlier made a two-year, $40 million offer to him.
For more, visit Milwaukee Journal Sentinel.