Dwyane Wade Hints That He’ll Opt out of $16.1M Option

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Dwyane Wade is really keeping his name in headlines during the NBA Finals.

Despite the fact that the Miami Heat did not even advance to the postseason, Wade has remained in the news due to the recent reports about him being unhappy with his current contract. Wade holds a player option for the 2015-16 season worth about $16.1 million.

While appearing during ABC’s Finals coverage during Game 2 between the Cleveland Cavaliers and Golden State Warriors, the 11-time All-Star strongly indicated his plans heading into July:

“Well, listen, it’s summer time. So when summer time and free agency [come together], it’s going to be a lot of talk. And right now, I’m glad that the Finals is going and we’re here….And we’ll worry about that in July. Right now, we’re going to focus on these Finals.”

“Worrying about it in July” would indicate that Wade plans to opt out for a new contract from the Heat, or test the free agent market in July. It has been suggested “Flash” wants more money and/or a longer commitment from Miami.

The former Finals MVP has until June 29 to exercise his player option for next season. If he fails to do so, he automatically becomes a free agent and anything goes from that point on.
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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.