ESPN reports the Cavs have traded Wade to the Heat for a heavily protected second-round pick in 2020.
Short of winning another National Basketball Association title, Thursday's wholly unexpected trade bringing Dwyane Wade back to Miami is the greatest emotional touchstone this franchise could strike for its fans.
ESPN's Ramona Shelburne reported LeBron James had been consulted by the Cavs front office on the Eve of the National Basketball Association trade deadline on potential deals as well as after the trades had been completed.
Obviously, there's going to be more to this story as it breaks. He spent the first 13 seasons of his career in Miami, helping the franchise win three National Basketball Association titles.More news: Two dead, more than 100 injured as damaging Taiwan natural disaster topples hotel
Dwyane Wade is coming back to Miami in what is being considered a trade deadline shocker.
The news didn't exactly catch him by surprise, but it definitely made the 36-year-old veteran and Heat legend happy. The Cavs will go on without him, and they'll be better equipped to win a title following Thursday trades that did not involve Wade at all.
After reaching a buyout with the Chicago Bulls last offseason, Wade considered the Heat among several potential destinations. "I walked away and I felt better about everything, without even getting into anything". And he gets to play for a team competing for a playoff spot.
Wade arrives to a Heat team that sits No. 7 in the East postseason race.
Despite playing in a career-low 39 games thus far this season, Hood, 25, is shooting career-best percentages from the field, three-point range and the charity stripe.