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Dwyane Wade has agreed to re-sign with the Miami Heat on a one-year, $20 million deal.
Wade opted out of his contract for the 15-16 season, which was worth $16.1 million.
Wade was initially seeking a long-term deal with the Heat.
“The Heat family and I have shared incredible moments over the years and I look forward to continuing our journey," wrote Wade in a statement.
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