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Wade still has until June 27 to either opt in or out of the second and final year of his contract, worth $ 23.8 million. Previous reports indicated the Bulls organization is confident that he will return.
Wade was also spotted at the NBA Finals in Cleveland last week, dressed like it was 1984, and lending himself to speculation that he could ultimately choose to reunite with close friend LeBron James. One Cavaliers fan shouted “we need you” at the 35-year-old guard.
The 12-time All-Star was candid when the Bulls cleaned out their lockers in April, telling reporters that he would take ample time off before making a decision on his future.
“I don’t need to ring chase, but I can,” he said at the time.