Adrian Wojnarowski: Wade and Heat ‘Progressing in Talks’ on ‘Likely Multi-Year Deal’

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The Miami Heat and Dwyane Wade are inching closer towards a new deal, according to Adrian Wojnarowski of Yahoo! Sports.

Wojnarowski states that both parties are “progressing” in talks on what is “likely” to be a multi-year deal. He also goes on to note that the chances the veteran guard leaves Miami is “minimal.”

Making matters more interesting is that it’s also being reported that Wade is looking for a max deal. This is likely the reason why Goran Dragic has accepted a contract worth a lot less than the max at five years and $90 million. By signing Dragic to a cheaper deal than expected, it has given the Heat flexibility to re-sign the 12-year shooting guard.

While Wade is expected to re-sign with the Heat, the Los Angeles Lakers still remain a threat to sign the former Finals MVP. Sam Amick of USA Today reports that Wade and the Lakers plan to schedule a sit-down after meetings with free agents Greg Monroe and DeAndre Jordan.

The bottom line is this—there is little doubt that Wade’s value to the Heat is a lot higher than what his value would be to other teams. The 6’4″ shooting guard is a living legend in Miami, but is a 33-year-old shooting guard with a heavy injury history. There aren’t going to be many teams throughout the league clamoring to offer a max contract to such a player.

If Pat Riley is to bring Wade back for a 13th season in Miami, the Heat will enter the 2015-16 season as contenders to knock off LeBron James’ Cleveland Cavaliers for Eastern Conference supremacy. That is how big this situation is.

We’ll keep you updated more on this situation as it develops at Heat Nation.
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D.J. Siddiqi grew up in the heart of South Florida in Broward County. Growing up in South Florida during the late 90's and 2000's, D.J. witnessed the Pat Riley years where the Miami Heat faced off with the New York Knicks all the way to the painful late 2000's seasons where the Heat were a one-man team with Dwyane Wade. D.J. has closely followed the Heat over the past decade-and-a-half, and unfortunately witnessed Game 2 of the 2011 NBA Finals in person when the Dallas Mavericks overcame a 15-point deficit to knock off the Heat. D.J. has writing experience as a columnist with sites such as Bleacher Report and Rant Sports, and he is proud to bring his knowledge of the Heat and the NBA to Heat Nation.