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Guard Dwyane Wade is staying with the Miami Heat, and his latest deal is designed to give the player and the only franchise he has known some flexibility in the coming years.

Wade, 32, signed a new contract with the Heat on Tuesday. It is a two-year deal, the second of those seasons a player option, said a person familiar with the situation on condition of anonymity because neither side announced terms. According to various media reports, the deal is worth from $31 million to $34 million.

“I am proud to have spent every single day of my career as a member of the Miami Heat and to have brought three championship titles to this great city,” Wade said in a statement. “I’ve been here through the good times and the hard times. I have confidence in the Miami Heat organization and the team they are building.”

Earlier Tuesday, Wade tweeted “Home Is Where The Heart Is… My Home,My City, My House” and attached a photo of himself standing below the three NBA championship banners that hang at Miami’s home arena.

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Love talks resume

LAS VEGAS – The Minnesota Timberwolves and Golden State Warriors have reopened trade talks for All-Star forward Kevin Love, a person with knowledge of the situation said.

With much of the NBA in Las Vegas for summer-league games, the sides have had a chance to meet face-to-face to talk about a deal mentioned as a possibility for more than a month.

The Warriors have been reluctant to include shooting guard Klay Thompson — a former Washington State standout — in any package, which has been considered a deal-breaker for the Timberwolves.

There were no signs the Warriors were ready to change their position on Thompson.

The Wolves and Warriors have discussed swapping Love and veteran shooting guard Kevin Martin for David Lee, Harrison Barnes and a future draft pick, but that hasn’t been enough for Flip Saunders, Minnesota’s president of basketball operations and coach.

The Timberwolves also have talked to the Cleveland Cavaliers, who have LeBron James coming back home to play next season. A three-player core of James, Love and Kyrie Irving would immediately make the Cavaliers a favorite in the Eastern Conference, but Cavaliers general manager David Griffin has said he refuses to part with No. 1 overall draft pick Andrew Wiggins to land Love. The Timberwolves reportedly have demanded Wiggins be a part of the deal.


• Commissioner Adam Silver says he is hopeful the proposed $2 billion sale of the Los Angeles Clippers will be completed before the season. But he could not guarantee that will happen because the deal is being held up in the courts.

Silver spoke after a meeting of the NBA Board of Governors. He says he cannot guarantee Donald Sterling will be out as owner of the Clippers because he is fighting the sale. Sterling’s estranged wife, Shelly, has agreed to sell the team to former Microsoft CEO Steve Ballmer.

• The Dallas Mavericks have added forward Rashard Lewis, 34, a former Sonic who played for Miami last season. Lewis reportedly has a one-year deal.

• Forward Mike Miller, 34, has agreed to a $5.5 million, two-year contract with Cleveland.

• Forward Trevor Ariza, 29, will join Houston in a sign-and-trade deal also involving New Orleans and Washington.

• The Chicago Bulls said goodbye to Carlos Boozer, using the amnesty clause to cut the 32-year-old forward.

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