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Dwyane Wade is leaving the Miami Heat to join the Chicago Bulls

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Dwyane Wade to Sign with Chicago Bulls

In a stunning move, Dwyane Wade is leaving the Miami Heat to sign with the Chicago Bulls.

Wade will reportedly sign a two-year deal worth $47 million with the Bulls, according to the Associated Press. The Bulls have also agreed to trade Mike Dunleavy to the Cleveland Cavaliers to create enough salary cap space, according to Brian Windhorst.

Since NBA free agency began July 1, the Heat and Wade have been in a standoff over a new contract, leaving Wade to listen to offers from other teams.

SEE MORE: Could Twitter be the future for watching live sports?

Wade was reportedly slighted by the Heat's offseason priorities as they focused on re-signing Hassan Whiteside and chasing Kevin Durant. Additionally, Wade wanted a salary worth $50 million over two years. The Heat were reportedly offering Wade $40 million over two years.

On Wednesday, Wade met with other teams, including the Milwaukee Bucks and Heat, but not the Chicago Bulls as they couldn't make it to New York due to travel complications, according to Wojnarowski. During Wade's meeting with Miami Heat owner Mickey Arrison, the Heat reportedly refused to offer a third year to Wade's deal. Though the Bulls' offer was similar, Wade ultimately decided to take Chicago's offer after losing trust in the Heat.

Dwyane Wade on Signing with Chicago Bulls

Wade grew up in a suburb of Chicago and will join a Bulls team in transition. The Bulls let go of Joakim Noah and Pau Gasol in free agency this offseason and traded Derrick Rose to the Knicks for Robin Lopez, Jose Calderon, and Jerian Grant. On July 3, the Bulls signed point guard Rajon Rondo to a two-year contract, pairing him in the back-court with star guard Jimmy Butler. With Wade's arrival, Butler will likely have to move up to small forward.

SEE MORE: Kevin Durant actually isn't a stranger to switching teams

It's a shocking development that few could have predicted. Wade and the Heat had contentious contract talks last summer, but ultimately agreed on a one-year deal before talks ever hit a boiling point as they did this summer. Many felt the same would happen this summer, and that Wade listening to outside offers was a ploy to force the Heat's hand.

In what's been a wild NBA offseason, Wade appears to be another big name that will be in a new uniform this fall.

RANKING THE BEST NBA PLAYERS OF ALL TIME:

26 PHOTOS
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Best NBA players of all time

25. Scottie Pippen

(Photo by Rocky Widner/NBAE via Getty Images)

24. Chris Paul

(Photo by Andrew D. Bernstein/NBAE via Getty Images)

23. Jason Kidd

 (Photo by David Dow/NBAE via Getty Images)

22. Kevin Durant

(Photo by J Pat Carter/Getty Images)

21. Steve Nash

(Photo by Glenn James/NBAE via Getty Images)

20. Karl Malone

(Photo by Dick Raphael/NBAE via Getty Images)

19. Kevin Garnett

(Photo by Sam Forencich/NBAE via Getty Images)

18. Isiah Thomas

(Photo by Andrew D. Bernstein/NBAE via Getty Images)

17. Charles Barkley

(Photo by Brian Drake/NBAE via Getty Images)

16. Dirk Nowitzki

 (Photo by David Sherman/NBAE via Getty Images)

15. Moses Malone

(Photo by Jonathan Daniel/NBAE/Getty Images)

14. Jerry West

(Photo by Vernon Biever/NBAE via Getty Images)

13. Oscar Robertson

(Photo by Vernon Biever/NBAE via Getty Images)

12. Julius Erving

(Photo by Dick Raphael/NBAE via Getty Images)

11. Kobe Bryant

 (Photo by Kevork Djansezian/Getty Images)

10. Hakeem Olajuwon

(Photo by Nathaniel S. Butler/NBAE via Getty Images)

9. Bill Russell 

(Photo by Dick Raphael/NBAE via Getty Images)

8. Wilt Chamberlain

(Photo by Focus on Sport/Getty Images)

7. Shaquille O'Neal

(AP Photo/Justin Sullivan)

6. Tim Duncan 

(AP Photo/Eric Gay)

5. Larry Bird

(Photo by Tom Berg/WireImage)

4. Kareem Abdul-Jabbar

(Photo by Dick Raphael/NBAE via Getty Images)

3. LeBron James

(Photo by Nathaniel S. Butler/NBAE via Getty Images)

2. Magic Johnson

(Photo by Scott Cunningham/ NBAE/ Getty Images)

1. Michael Jordan

(AP Photo/Stephan Savoia, File)

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