Bulls

Report: Bulls expected to reach buyout agreement with Dwyane Wade

Dwyane Wade's homecoming may not last much longer. 

According to Nick Friedell's ESPN report, the Bulls are expected to reach a buyout agreement with the 12-time NBA All-Star "at some point in the next few months." 

The news comes two months after Wade picked up his player option, choosing $24 million over earning less on a more competitive team. 

If Gar Forman and John Paxson indeed decide to buy D-Wade out, the "Three Alphas," which consisted of Wade, Jimmy Butler and Rajon Rondo, would all be out just one season after coming together. 

The buyout may also mean more ping-pong balls in next year's stacked draft