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Dwyane Wade returning to Miami on 1-year, $20 million deal

he might bolt the team in free agency, franchise superstar Dwyane Wade is officially returning to South Beach for the 2015-16 season.

FLASH: Dwyane Wade accepts deal to stay with Miami Heat, source tells The Associated Press.

— Tim Reynolds (@ByTimReynolds) July 2, 2015

The deal is a reported 1-year, $20 million agreement that will give Wade the money and the respect that he deserves in the short-term while still maintaining flexibility for the Heat in the long-term.

Associated Press reporting Wade takes one-year deal, $20 million,

— Ira Winderman (@IraHeatBeat) July 2, 2015

Wade, himself, confirmed the news on social media shortly thereafter with a sick hype video.