Bulls

Dwyane Wade says goodbye to Bulls as he joins rival Cavs

Dwyane Wade says goodbye to Bulls as he joins rival Cavs

Dwyane Wade is no longer a Bull. He is now a Cav.

The Chicago native said goodbye to his hometown team Wednesday, officially announcing what was previously reported: that he'll be joining up with LeBron James and the Cleveland Cavaliers.

"I've always dreamed of playing for the Chicago Bulls, and I feel so fortunate to have fulfilled my dream this past year," Wade said in a lengthy statement. "The team is now heading in a different direction, which has made me reevaluate where I need to be in this phase of my career. Being a part of a team that is in the process of rebuilding doesn't align with where I want to be right now no matter how difficult that decision may be.

"In the hopes of pursuing a fourth championship, I've reached a deal with the Chicago Bulls and I am excited to share that I will be joining the Cleveland Cavaliers this season. There's no better place to be right now to continue to play and compete at the highest level. Cleveland believes in my talents and what I can bring to a championship contender both as a player and leader. I look forward to reuniting and playing alongside my brother LeBron. We’ve already won two championships together, and I hope we win a third.

"This was an incredibly difficult decision, and I am very grateful to the Bulls organization, my fans and the Chicago community for welcoming me home with open arms. It meant so much to me seeing my mom on the sidelines cheering me on as a Bull. I am so proud of the work we have been doing in the community, and we plan to continue these efforts. It's been an honor and a privilege to play for my hometown. Chicago holds a very special place in my heart and will always be home to me."

Wade reunites with James, two future Hall of Famers who won two championships together as members of the Miami Heat. Wade will also join another former Bulls star, Derrick Rose, who signed up with the Cavs this offseason after spending last season with the New York Knicks.

Wade spent 13 seasons with the Heat before joining the Bulls last season. He averaged 18.3 points per game in his one season in Chicago. But after the Bulls traded away Jimmy Butler this offseason, it became clear the team was moving in a direction that would not allow Wade to pursue a championship.

Chicago fans won't have to wait long to see the Bulls take on Wade and Rose. The Bulls travel to Cleveland to play the Cavs in the season's third game on Oct. 24. The two teams actually play each other before then, in an Oct. 10 preseason game. Wade and Rose return to Chicago for a homecoming game against the Bulls on Dec. 4.

Bulls continue stockpiling young point guards

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USA TODAY

Bulls continue stockpiling young point guards

Point Guard of the Future Part VIII? 

The Bulls added another guard to their already-claustrophobic backcourt on Monday, claiming Kay Felder off free agency waivers, according to The Vertical's Shams Charania. 

Felder, 22, was dealt alongside Richard Jefferson from the Cavaliers to the Hawks on Saturday before being immediately waived.

The Bulls then decided to take a flyer on the Oakland University product because why the heck not? Barring some type of NBA miracle, the Bulls are on a season-long march to the lottery, so adding another young player can't hurt. Even if Felder is now the fifth point guard, joining Cameron Payne, Kris Dunn, Ryan Arcidiacono and Jerian Grant, on the squad. 

In 42 games with the Cavs last season, Felder averaged four points and 1.4 assists in just over nine minutes. He was drafted with the hope that he could further his NCAA reputation as a scorer. However, he connected on just 39 percent from the field during his rookie season. He's also undersized -- like Nate Robinson-Isaiah Thomas Undersized -- lowering his ceiling as a defender. 

Whether he can find a niche as a second-unit heat check guy remains to be seen, but with Kris Dunn expected to miss a few weeks, it gives Fred Hoiberg another option at the very least. He's also former NBA All-Star Steve Smith's cousin, should you believe in the power of basketball families. 

In a corresponding move, the Bulls waived Diamond Stone and preseason hero, Jarell Eddie. 

Observations from the Bulls' preseason finale loss to the Raptors

Observations from the Bulls' preseason finale loss to the Raptors

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Justin Holiday shines again

It's pretty evident who the leader of the Bulls is through the preseason. Whether he wanted it or not - and it seems like he did - Justin Holiday is the go-to man in Chicago. He finished his impressive presason with a 17-point outing against the Raptors, including 6-for-12 shooting, four 3-pointers, a steal and a block in 28 minutes. He even added four assists, showing some playmaking to go along with his scoring. He finishes the preseason averaging 17.2 points on 44 percent shooting, 57 percent (!!) from deep and 1.6 steals. He and LaVine will be fun to watch together on the wing.

Lauri Markkanen's jumper stays confident

Lauri Markkanen's NBA career got off to a rough start. But he's more than righted the ship. Gone is the 1-for-9 performance in his first outing, and in is the 11-for-21 he shot in his final two games. That included 7-for-12 from deep, and he even added seven rebounds on Friday against Toronto. Markkanen has plenty of weight to put on before he can hang inside - Toronto's tough interior pushed him around quite a bit in his 29 minutes - but this was another step in the right direction for Markkanen, whose back issues seemed non-existent.

Jerian Grant flirts with a triple-double

Jerian Grant was likely to earn the starting point guard job out of training camp even if Kris Dunn didn't get injured, and tonight would have solidified it. Grant had 10 points, nine rebounds and eight assists in 27 efficient minutes. Though Kyle Lowry had his way (17 points in 26 minutes) that was more or less to be expected. But Grant was confident stepping into his shot, played aggressive on defense (two steals, two fouls) and found plenty of open shooters. The Bulls may struggle this season, but Fred Hoiberg has to be happy starting a backcourt of Grant and Holiday.

Bobby Portis: Some good, some really bad

Bobby Portis has had a not-so-great preseason, so it was nice to see him score 12 points on 5-for-6 shooting and grab four rebounds in his preseason finale. Then again, he played 18 minutes and somehow committed eight turnovers. Between losing balls in traffic, errant passes and some head-scratching decisions, it was tough to call Portis' night a success. He should find time on the second unit, but he needs to show improvement in all areas, not just scoring.

Antonio Blakeney gives it one (nine) last shot(s)

It'd be nice to see a great story like Antonio Blakeney stick on the Bulls' roster, and he made sure he was remembered in his final preseason game. In 20 minutes he took nine shots, hitting three for nine points. He didn't record any other stat but three fouls in his time on the floor, and was a -21 as the Raptors rode away with the win in the fourth quarter. But we're putting him here because there's a chance he can make the Bulls' roster, especially with LaVine out and Zipser potentially needing to miss time.