Dwyane Wade should know where he stands with the Miami Heat within the next week according to ESPN.com. Wade is likely to opt out on or before July 1, when free agency is set to begin.
Dwyane Wade and the Miami Heat are planning to meet within the next week to address contract issues and attempt to reach an agreement on the future, multiple sources told ESPN.
Wade has until next Monday to decide on whether he’s going to opt in for next season and earn $16.1 million or become an unrestricted free agent.
Wade and the Heat are currently far apart on their desires; the Heat would prefer for Wade to opt into the deal and Wade would prefer a new, richer and longer-term contract, sources said.
According to the report, it’s been quite sometime since both sides have discussed his looming contract issue. Wade is interested in a significant raise, and has no interest in the $10 million or so per season the Heat have presented to him.