Miami Heat News: Wade Signs 2-Year $34 Million Deal

The new era of the Miami Heat is starting to unfold before our very eyes. After signing Chris Bosh to a max deal and acquiring Luol Deng, looks like the Heat are going to re-sign Miami’s prodigal son, the one who started it all, Dwyane Wade.

Wade is expected to make $34 million over the course of two years after he opted out of his two-year $42.6 million contract, which means a sacrifice of $8.6 million. He also has a player option for the second year, most likely to allow for flexibility.

UPDATE: Dwyane Wade and the Heat have agreed to a 2-year, $34 million deal, with a player option for the 2015-16 season. (via @AP)

— SportsCenter (@SportsCenter) July 15, 2014

After the loss of megastar LeBron James, looks like Pat Riley is not going down without a fight. Riley has quickly restructured and rebuilt a new “Big Three” consisting of Dwyane Wade, Luol Deng, and Chris Bosh. Question is, does this team have what it takes to take the Cleveland Cavaliers out of the playoffs?

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