Dwyane Wade and Chris Bosh and Udonis Haslem are returning to the Miami Heat, even if LeBron James will not.
The Heat re-signed Wade to a multiyear contract on Tuesday. The 32-year-old All-Star guard will make at least $15 million per season, ESPN reported.
“Home is Where The Heart Is… My Home,My City,My House..#HeatLifer,” Wade tweeted.
“Dwyane has been the franchise cornerstone for this team since the day he arrived 11 years ago,” Heat president Pat Riley said. “He has shown his commitment to the Heat many times over the course of his career and has always been willing to sacrifice in order to help build this team into a champion. This time is no different.
“I am ecstatic to have him back in the fold and I am confident that Dwyane, as always, will be leading this team as we look to contend for NBA championships.”
Wade’s physical decline was at the forefront of conversation during and in the aftermath of the Heat losing to the San Antonio Spurs in the NBA Finals last month. Wade said after the series-deciding loss that he will never point to health as a hurdle.
“I just struggled a little bit,” Wade said. “As I told you guys, I’m never going to point at anything physically. I felt fine. I just struggled a little bit offensively. You know, I wish I could have done more, but it’s the nature of the game. So nothing physically at all.”
Yet, Wade went from a Flash redux in the Eastern Conference finals series with the Pacers to a sluggish and out of sync flop in the NBA Finals, shooting 43.8 percent from the field and averaging 15.2 points per game. He battled knee issues for most of the 2012-13 season and was held out of most back-to-back games in 2013-14 to preserve him with the idea his fresh legs would help carry Miami to a third title in four seasons as James’ sidekick.
Wade opted out of a contract that would have paid him more than $41 million with a mission of keeping together the trio he helped recruit to be known as The Big Three. But James put the kibosh on a reunion when he announced last week in an essay that he would instead join the Cleveland Cavaliers.
Consequently, Wade will end up taking a $5 million pay cut in the short term that gave the Heat the flexibility to sign Bosh and small forward Luol Deng.
“As a friend and a teammate, I am sad to see my brother LeBron leave to begin a new journey,” Wade said in his statement. “In 2010, we decided to come together all for one goal — to win championships and we succeeded. We were friends when we first joined the league and created an unbreakable bond the past four years. Our collaboration will always be very special to me both personally and professionally. We shared something unique and he will always be part of my family. LeBron made the right decision for himself and his family because home is where your heart is. I know this was not an easy decision to make and I support him in returning to his roots. As an organization, a community, and as individuals, we achieved the goals we set when we first signed on together. We are champions.”
Haslam agreed to a two-year deal worth $5.6 million, according to the South Florida Sun Sentinel. He joined the Heat in 2003 and has remained a mainstay through the years. In 46 games last season, Haslam averaged 3.8 points and 3.8 rebounds.
The Heat added Deng with a two-year, $20 million deal to replace James in the lineup and could use the additional financial flexibility to build more depth. Riley re-signed point guard Mario Chalmers and brought in free agents Josh McRoberts and Danny Granger.