Wade has decided to decline his player option and will become a free agent, according to ESPN.
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Drafted fifth overall by the Heat in the 2003 NBA Draft, Wade is the team’s longest tenured player and has been a part of all three of the franchise’s NBA titles The 11-time NBA All-Star averaged 21.5 points last season.
Deng’s agent, Herb Rudoy, says his client has decided to pick up his player option for next season. He will make $10.1 million in 2015-16.
He averaged 14.0 points last season, his first in Miami after beginning his career in Chicago and being traded to Cleveland.