Dwyane Wade has chosen not to opt-in to his contract with the Miami Heat and will become an unrestricted free agent on July 1.
Dwyane Wade will not pick up his player option for next year & instead become a free agent, source tells ESPN— Ramona Shelburne (@ramonashelburne) June 29, 2015
Wade, was widely expected to not pick up his option, but few truly know what Wade's ultimate plans are here. Hours after Luol Deng chose to opt-in to his $10.1 million contract for next season, Wade opts out. Deng's opt-in makes it highly unlikely that the Heat can offer Wade a max deal for next season only while also trying to sign Goran Dragic to a contract.
That doesn't mean Wade is leaving, but it leaves some uncertainty about what is happening.
Dwyane Wade will be an unrestricted free agent on Wednesday, with teams having over a week to talk with free agents before contracts can be signed. The Heat will try to retain Wade as Pat Riley has made that clear.