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Wade, Bulls agree to buyout, Cavs next?

LOS ANGELES, CA - SEPTEMBER 1: Dwyane Wade of the Chicago Bulls attends the game between the Atlanta Dream and the Los Angeles Sparks on September 1, 2017 at the STAPLES Center in Los Angeles, California.

(TSX / STATS) -- Veteran shooting guard Dwyane Wade reached a buyout agreement with the Chicago Bulls after one season, according to multiple reports Sunday.

The Cleveland Cavaliers are believed to be the front-runner to sign Wade.

Wade, 35, was slated to make $23.8 million with the Bulls in 2017-18. Once he clears waivers, he can listen to offers and decide which team is a good fit for him.

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