By Eurohoops team / info@eurohoops.net
The player was set to earn $23.8 million for the upcoming season before he became free agent next summer. He is giving back roughly $8 million of his $23.8 million salary in the buyout, per Adrian Wojnarowski.
Wade himself commented on this desicion to The Chicago Tribune:
“I just felt it was time for me, turning 36, that I want to be competing for a championship. I said when I got here, it was always a dream for me to play here. And getting that opportunity was special. And I can’t even say it wasn’t what everyone expected because we went to the playoffs. And trying to restore this franchise to respectability was our goal. The organization decided to go in a different direction, which I respect.”