Miami Heat shooting guard and star player Dwyane Wade made one of the biggest shocks this NBA off season when he decided to sign to play for his hometown Chicago Bulls. The move came after Wade had reportedly turned down a two year, $40 million offer in favor of the Bulls two year, $47 million deal on Wed. July 6.

Why its a huge loss for the Heat

Wade is arguably the most recognized Heat playerand probably the best player in the organization's history. Drafted in the 2003 NBA draft as the fifth pick in the first round, Wade had an immediate impact for the Heat from the very start, turning the Heat from a sub-par team into playoff contenters.

Over the course of his 13 seasons in the NBA, Wade has been selected to the All-Star team 12 times, winning the All-Star game MVP award twice in 2006 and 2008, and has led the Heat to three NBA titles and five trips to the NBA finals, winning one finals MVP in 2006. Wade, along with LeBron James and Chris Bosh, known as "the big three," led the Heat to the finals for four straight years, winning in 2012 and 2013, beating the Oklahoma City Thunder and the San Antonio Spurs respectively. He is also a ten time All-NBA first team player and a five time NBA All-Defensive first team player. Wade also leads the Heat in career games, minutes played, field goals, free throws, assists, steals, turnovers, points scored, and so much more.

He's also established himself as one of the most popular NBA players in recent times.

The shock of everyone

Over the course of his time with the Heat, Wade has expressed his desire to stay with the organization for his entire career. For the past few seasons, Wade has taken large pay cuts to ensure his tenure with the Heat.

Last year, after opting out of his contract, he signed a one-year, $20 million deal. With Wade on the free agent market again, a lot of Heat fans were expecting him to sign again, but it all came to a halt this month. Wade was frustrated by the fact that he was not getting long-term deals the past few seasons.

The Heat are giving bigger contracts to younger players with greater potential. This off season, Wade met with the Heat front office in New York, where they put a two-year, $40 million deal on the table, which he turned down. Heat president Pat Rileysaid in a news conference on Saturday that he was "floored" by the decision Wade has chosen. Although he wasn't heavily involved in the negotiations with Wade, Riley felt to blame.

The next chapter

With Wade out of the picture now, the Heat now have to work with what they have at the moment. The biggest deal the Heat have made so far was resigning center Hassan Whiteside to a four-year, $98 million contract.

There is also the concern of veteran power forward Chris Bosh,who missed half the season because of a blood clot discovered in his leg and is unsure of whether or not he will retire. There is also the loss of small forward Luol Deng, who signed a four-year, $72 million deal with the Los Angeles Lakers. Despite all of this, the Heat still have promising players, such as point guard Goran Dragic and shooting guard Gerald Green.

Overall, it appears that the Heat will be in good shape and make it back to the playoffs, counting if every key player stays healthy. It will be a tough road for them ahead, but so far, their future looks bright.

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