Cavs "clear favorites" to land Wade

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Dwyane Wade and the Chicago Bulls have reportedly agreed to a buyout, according to K.C. Johnson of the Chicago Tribune.

According to ESPN's National Basketball Association insider, Adrian Wojnarowski, multiple teams are interested in the 35-year-old's services, including a potential reunion with ex-Miami teammate LeBron James in Cleveland. ESPN reported that Wade and the Bulls came to a buyout agreement, though that has not yet been made official. The Cavs, Thunder, Spurs and Heat are also all in consideration. That is why the latest Lakers rumors are making a connection between Wade and Los Angeles.

More recently, however, Riley spoke glowingly about Wade and his wife Gabrielle Union. The Cavaliers are believed to be the frontrunners. Like the Cavaliers, the Heat have a Wade-like player in new shooting guard Dion Waiters.

With the Cavs already having big scorers in James, Kevin Love and eventually Thomas, coach Tyronn Lue will need to make some changes in his offense if the 15th-year pro is added and moved into the starting lineup.

The Spurs' Media Day is set for Monday.

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Unlike the Heat, the Thunder has a chance to be an elite team this season after acquiring Anthony, and arguably are the best team in the West not named the Warriors.

There will be stiff competition for the 35-year-old swingman, including playoff teams Oklahoma City and San Antonio.

With the intent to get Wade, the Lakers will be one of those teams who are willing to land him. Wade, at this point, would be a much cheaper option. The idea of playing for the Thudner could be more intriguing because of the franchise's additions of Paul George and Carmelo Anthony to play along side Russell Westbrook.

James and Wade spent a week working out together in Los Angeles this summer. As Haberstroh explored during the 2013 NBA Finals, James and the Heat were often more effective with Wade on the bench.