Free-agent guard Dwyane Wade has agreed to a two-year, $47.5 million deal with the Chicago Bulls, ending his 13-year partnership with the Miami Heat.
To clear salary-cap space for Wade's homecoming, the Bulls traded guard Jose Calderon to the Los Angeles Lakers and forward Mike Dunleavy to the Cleveland Cavaliers.
Wade's agreement includes a player option that will allow him to return to free agency in 2017.