Dwyane Wade agrees to deal with Cleveland Cavaliers

The Cleveland Cavaliers have reached an agreement on a one-year deal worth $2.3 million with 12-time All Star Dwyane Wade. Wade, 35, can officially sign the contract on Wednesday after he has cleared waivers.

The former Finals MVP accepted a buyout of $16 million on his $23 million contract with the Chicago Bulls in order to join a contender. He will get that opportunity now as he once again teams up with LeBron James to try and win their third championship together.

Wade’s role with the team is unclear at the moment. With Isaiah Thomas out until about January, Wade could easily fill in the void at the starting point guard position. This would allow Derrick Rose to get accustomed to working with the bench. It also would help prevent the spacing nightmare that would be having Rose, Wade, and Tristan Thompson start together.

At this point in his career, J.R. Smith is likely a better player and defender than Wade. However whether or not Wade will start over him once the team is fully healthy remains to be seen. What this move does give the Cavs is a long playmaker that could potentially help improve their defensive versatility. While he shouldn’t be a lead guard at this stage of his career, his ability to give the team burst of scoring and create offense will help make up for some of what they’ve lost in the Kyrie Irving trade.