Miami Heat sign Dwyane Wade on two-year contract

Dwyane Wade

Washington, July 16 (IANS): Basketballer Dwyane Wade has signed a two-year contract to stay with the NBA team Miami Heat.

Financial terms were not announced, though it's expected Wade's salary for next season will not reach the $20.2 million he would have made under his previous contract, according to the Associated Press, reports Xinhua.

Also Tuesday, the Heat signed Luol Deng to a two-year, $20 million deal, which was agreed to over the weekend.

Miami also announced the signing of small forward James Ennis, who has been one of the team's summer-league standouts this year. Ennis was the 50th pick in the 2013 draft and spent last season playing in Australia.