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Wade close to choosing Cavaliers, sources say

Related Topics: Dwyane Wade

Twelve-time NBA All-Star guard Dwyane Wade is nearing a commitment to sign with the Cleveland Cavaliers and could finalize his decision as soon as Wednesday, league sources told ESPN.

Wade, who agreed to a contract buyout with Chicago, will clear waivers on Wednesday and become an unrestricted free agent. Wade has been pulled to rejoin LeBron James on the Cavaliers. Wade and James are longtime friends, and were teammates on two NBA championship teams with the Miami Heat.

Wade, 35, is eligible to sign a one-year, $2.3 million veteran's minimum contract with the Cavaliers.