Veteran Dwyane Wade won’t make the first move and instead will wait for the Chicago Bulls to approach him regarding a buyout of his $23.9 million contract. Wade has made it known to the NBA circles that he’s seeking a buyout from the Bulls, he will not make the first move and approach the front office about it. A source told Cowley that Wade is hoping the Bulls will make the first move and approach him with a monetary deal that will be acceptable for him. The 35-year-old Wade exercised the option in the final year of his deal with the Bulls after the team promised that they will field a competitive team in the coming season.

However, the Bulls negated on that promise, trading their main man Jimmy Butler and rookie Justin Patton to the Minnesota Timberwolves on Draft Day for Kris Dunn, Zach Lavine and first-round pick Lauri Markkanen. The Bulls also released point guard Rajon Rondo, who served as the veteran presence in their young locker room. The moves left Wade feeling deceived by the Bulls, forcing him to change his mind about staying with the team that he hoped to lead deeper into the playoffs last season. Despite a rocky season, the Bulls made it to the playoffs as the eighth seed in the Eastern Conference but lost to the Boston Celtics in six games after Rondo went down with an injury.

Wade might join Cavaliers

Joe Vardon of earlier reported that LeBron James is confident that Wade will join him with the Cleveland Cavaliers, who recently traded starting point guard Kyrie Irving to the Boston Celtics. James and Wade joined forces with the Miami Heat, leading the franchise to back-to-back titles in 2012 and 2013 before James returned to Cleveland in 2014.

Rumors of Wade joining the Cavaliers intensified after he was spotted working out with James in Los Angeles. The two performed drills prepared by a member of the Cavaliers' player development staff. James posted a video of their workout on his Instagram account. Aside from the Cavaliers, the Heat and the Los Angeles Lakers are also interested in acquiring Wade after he gets his buyout from the Bulls.

Wade spotted working out with D’Angelo Russell

Wade was also seen working out with Brooklyn Nets point guard D’Angelo Russell and Thomas Bryant and Julius Randle of the Lakers. Former Indiana coach Tom Crean also joined their workout. The Lakers recently traded Russell to the Nets for center Brook Lopez before drafting Lonzo Ball as the No. 2 overall pick. Despite the trade, Russell and Randle remained close.