Wade decides to stay with Bulls
Dwyane Wade has told the Chicago Bulls that he is exercising his $23.8 million option and will remain with them next season, a person familiar with the situation said Tuesday night.
The former Marquette star had until next week to decide whether to opt in or become a free agent.
Wade averaged 18.3 points on 43% shooting last season, his first with the Bulls after 13 years in Miami. He missed 11 games in March with a fractured elbow, but he returned for Chicago’s final three games to help the Bulls make the playoffs.
Wade made $23.2 million this past season. He turns 36 in January.
Hornets will get Howard: The Charlotte Hornets have reached an agreement to acquire center Dwight Howard from the Atlanta Hawks, a source said.
The Hawks are sending Howard and the No. 31 overall pick in Thursday’s NBA draft to Charlotte for former Milwaukee Bucks center Miles Plumlee, shooting guard Marco Belinelli and the 41st pick.
Howard will be playing for his third team in three seasons following a disappointing homecoming in Atlanta.
Lakers, Nets agree on deal: The Los Angeles Lakers will trade point guard D’Angelo Russell and high-priced center Timofey Mozgov to the Brooklyn Nets for Brook Lopez and the 27th overall pick in the upcoming draft, sources said.
The deal all but confirms Los Angeles will select UCLA point guard Lonzo Ball with the second overall pick in the draft Thursday, adding the gifted playmaker to run coach Luke Walton’s uptempo offense.
Billups meets with Cavs: Cavaliers owner Dan Gilbert met with former NBA star Chauncey Billups about a position in Cleveland’s front office.
Gilbert is looking for a general manager after parting ways with David Griffin on Monday as the Cavs regrouped after losing to Golden State in the NBA Finals.
A five-time all-star, Billups does not have any front-office experience, so it’s more likely he could fill an executive role to work alongside a new general manager.