Dwyane Wade Re-Signs With the Miami Heat for $34 Million

Dwyane Wade has not only announced his intentions to return to the Miami Heat, but he apparently could also end up retiring in a Heat jersey someday. Update: Udonis Haslem is coming back too. See also: Chris Bosh Is Re-Signing With the Heat; Wade Reportedly Working On New Deal...

By Kyle Munzenrieder

July 15, 2014

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Dwyane Wade has not only announced his intentions to return to the Miami Heat, but he apparently could also end up retiring in a Heat jersey someday.

Update: Udonis Haslem is coming back too.

Wade announced the decision on Instagram with a picture of himself standing in front of the Heat's three championship banners.

"Home Is Where The Heart Is... My Home, My City, My House... #HeatLifer," he wrote.

The Associated Press reports that Wade has signed a two-year contract worth $34 million. It comes with a player option for the 2015-16 season. That's $8 million less than the remaining two years of the contract he opted out of. It's the second time he's taken less to stay with the Heat.

Wade's announcement that he's a "Heat Lifer" seems to indicate he's given some thought to the end of his career.

There were rumors another team might have interest in the Illinois-born Wade, including the Chicago Bulls. But as many Miamians know, the city you're born in isn't necessarily your true home.

Update: Hometown favorite Udonis Haslem is coming back too. He's signed a two-year, $5.6 million deal.

Udonis Haslem has agreed to return to Miami Heat on their $2.7 million space exception, source tells Sun Sentinel.
— Ira Winderman (@IraHeatBeat) July 15, 2014

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