By Adam Chappelle, WLS-AM 890 News

(CHICAGO) A bombshell coming out of NBA free agency, as the Bulls have signed Miami Heat star Dwyane Wade. Yahoo! Sports reports the deal is worth $47.5 million over two years with a player option for a 3rd season.

In order to fit Wade under the salary cap, the Bulls traded Mike Dunleavy Jr to the Cleveland Cavaliers and guard Jose Calderon- who came over in the Derrick Rose deal- to the LA Lakers.

It’s a homecoming for Wade, who is originally from the South Side, and grew up in south suburban Robbins. He was a 2-sport athlete at Richards High School in Oak Lawn before attending college at Marquette.

In 13 years with the Miami Heat, Wade won 3 NBA titles, was selected to 12 All-Star Games, and averaged nearly 24 points per game.

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