Dwyane Wade is prepared to take his talents from South Beach and shop his services to other suitors when free agency begins Friday.
The Miami Heat lifer has made more than $300 million in salary since the franchise drafted Wade fifth overall in 2003.
ESPN.com reported initial contract discussions between Wade and the Heat have not produced a common ground, meaning the star guard could consider leaving the franchise where he has played 13 seasons and won three titles.
Wade’s representatives have made it known to multiple teams over the past several days that he will be on the market and Yahoo Sports said the Boston Celtics and Los Angeles Lakers could have interest in Wade.
–Though he isn’t expected to leave the Cleveland Cavaliers, LeBron James is headed for free agency after he officially declined the player option in his contract Tuesday night.
James, fresh off guiding the Cavaliers to their first NBA title, turned down a $24 million salary for the 2016-17 season. He faced a June 29 deadline for his decision.
He could sign with a different team for $30.8 million next season, or if he wants to return to Cleveland on a one-year contract, he could get only $27.5 million due to the team’s salary-cap situation, according to ESPN.com. The report indicated he could get a two-year, $64 million contract from the Cavs.
James, an Akron, Ohio, native, has indicated that he intends to stay with his hometown team.
–Kevin Durant plans to meet with the Oklahoma City Thunder before free agency begins Friday.
Durant is officially a member of the Thunder until his contract runs out at 12:01 a.m. Friday when he becomes eligible to meet with other teams as an unrestricted free agent.
ESPN.com reported Durant is scheduled to meet with Thunder executives along with his agent in Oklahoma City before returning to California, where he is shooting a commercial.
Durant, 27, is considering meetings in Los Angeles the New York Knicks and Golden State Warriors but will not meet with the Lakers, per the report.
–Tim Duncan exercised his $6.4 million player option for next season but retirement remains an option.
Duncan had ups and downs in 2015-16 in the regular season and playoffs but said he is still weighing whether to play one final season after helping the San Antonio Spurs win a franchise-best 67 games and tying an NBA record for going 40-1 at home this season.
–The Orlando Magic extended qualifying offers to guard/forward Evan Fournier and center Dewayne Dedmon.
By extending the qualifying offers prior to the June 30 deadline, the Magic own the right to match any offer sheet Fournier and Dedmon may sign with another team. Both players will become restricted free agents on Friday.
–The Atlanta Hawks picked up the team option and signed backup center Mike Muscala to a contract, the club announced.
The Hawks had until Wednesday night to pick up the option that will pay the 6-foot-11 Muscala $1.01 million next season.
–The Philadelphia 76ers exercised the fourth-year team option on the contract of forward Hollis Thompson, the team announced.
Thompson, 25, averaged 9.8 points and 3.5 rebounds in 77 games last season.
–The Orlando Magic acquired guard Jodie Meeks from the Detroit Pistons in exchange for a future conditional second round draft pick, the Magic announced.
Meeks played in only three games with Detroit last season, averaging 7.3 points, 1.0 assists and 14.5 minutes. He suffered a fractured fifth metatarsal in his right foot on Oct. 28 and missed 63 games due to the injury. Meeks also missed four games following his foot rehabilitation due to a sore left shoulder.