Bulls’ John Paxson: Dwyane Wade buyout must be “advantageous” for team

Kurt Helin
NBC Sports

When Bulls’ training camp opens next week, it looks like Dwyane Wade will be there — and it will be awkward.

Wade wants to be bought out and doesn’t want to be there. The Bulls want to move on from the Wade/Jimmy Butler year. But of course, it comes down to money — Wade is owed $23.5 million and wants as much of that as he can get and still get out the door, the Bulls want to save money paying a guy who will not play for them.

Bulls’ VP of basketball operations John Paxson was on  “The Mully and Hanley” show on WSCR-670 AM Thursday and said there has been some early dialogue between the sides, and the Bulls are open to buying Wade out, but made it clear he’s going to have to give up plenty of cash to make it “advantageous” for the team. Here’s part of what Paxson said, via K.C. Johnson of the Chicago Tribune.

“Some dialogue is going on,” Paxson said on The Score. “We understand where (Wade) is at this time of his career. We’re more than willing to work with him. But as I said when we had the press conference to introduce the new players after the draft, we have to always do what’s in our best interest. So there has to be something that is mutually agreed upon. It can’t be something the player wins because that’s what he wants.

“We want to work with Dwyane because we respect him very much. If he doesn’t want to be here, then we want to do (the buyout). But again, the bottom line is always — and it has to be — that we have to do what’s in our best interest.”


The two sides will come to a number and Wade will get bought out, the only questions are when and for how much? Will it happen during training camp or will the season have started? The All-Star break? It’s just a matter of settling on a number, but Wade is not going to be eager to give up that cash knowing he’s not got another payday like that coming.

When the buyout does happen,  a number of teams — the Cavaliers, Heat, and Lakers are known, there will be others — will be waiting and interested.

 

What to Read Next