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Hoiberg sees no immediate buy out to Wade's contract
Monday Jul 10, 2017 12:00am

(CHICAGO) – The Chicago Bulls expect veteran guard Dwyane Wade to begin next season on the team's roster, despite speculation throughout the league regarding a potential buyout between the former All-Star and the team. Wade, who had a player option for this season worth $23.8 million, told the Bulls he was opting into the final year of the deal on June 20, two days before the NBA draft. The Bulls pushed the button on a full rebuild the next night by dealing All-Star swingman Jimmy Butler and 16th pick Justin Patton to the Minnesota Timberwolves for Zach La Vine, Kris Dunn and seventh pick Lauri Markkanen. The widespread belief among team officials is that Wade won't give back enough money to make a buyout worth the Bulls' while and is content to start the season with the Bulls under the same lucrative deal. The odds remain very high that Wade would actually finish next season in Chicago, but a potential buyout closer to the February trade deadline figures to be broached later in the year. Hoiberg says he is hopeful that Wade will serve in a leadership role in the Bulls' very young locker room.

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