Wade is set to sign with Cleveland

Dwyane Wade has decided to sign with the Cleveland Cavaliers and reunite with LeBron James, a person familiar with the situation told the Associated Press on Tuesday night.

Wade is expected to clear waivers on Wednesday and then join the Cavaliers, according to the person, who spoke on condition of anonymity because the deal cannot be completed until the 12-time All-Star goes through the waiver process.

In Cleveland, Wade will be reunited with James, his close friend, former Miami teammate and a player he confided in before signing with his hometown Chicago Bulls last year.

Wade and James won two NBA titles together during four seasons with the Heat and will now chase more with the Cavs, who have been revamped after losing to Golden State in last season’s Finals.

Once Wade completes the waiver formality, he’ll be the latest high-profile player to join the Cavaliers, who traded for All-Star point guard Isaiah Thomas, signed former league MVP Derrick Rose and added two strong wing defenders in Jae Crowder and Jeff Green, who could help them defend the Warriors if those teams get back to a fourth straight Finals matchup.

Wade will get a veteran’s minimum contract worth $2.3 million with Cleveland. Wade has averaged 23.3 points, 4.8 rebounds and 5.7 assists in 14 seasons.

He averaged 18.3 points, 4.5 rebounds and 3.8 assists last season for the Chicago Bulls.

T.J. Warren has signed a $50-million, four-year contract extension with the Phoenix Suns. The 6-foot-8 forward is entering his fourth NBA season. He averaged career highs of 14.4 points and 5.1 rebounds over 66 games last season . ... The Bulls said they have resigned forward Nikola Mirotic. The two-year deal reportedly could pay as much as $27 million. The club holds an option for the second season. The 6-foot-10 Mirotic averaged 10.6 points last season.