The Cleveland Cavaliers have signed forward Dean Wade to a multi-year contract extension, the team announced on Tuesday.
According to ESPN’s Adrian Wojnarowski, it’s a three-year, $18.5 million contract. The team picked up his fourth-year option in June, and now he’s locked up for the next few seasons.
“The Cavs gave me a real opportunity; I think that’s the biggest thing,” Wade said after practice today. “I’m thankful for the organization, coaching staff, everything. They gave me a real opportunity to show what I can do. I got lucky, and they kept me. It’s been a crazy journey. I’m just thankful for it.”
Wade appeared in 51 games (career-high 28 starts) for the Cavaliers last season, averaging 5.3 points and 2.9 rebounds in 19.2 minutes per contest. The 6-9 forward also scored in double-figures on 11 occasions and registered one double-double.
The 25-year-old, who signed a two-way contract with the Cavs after he went undrafted in 2019 out of Kansas State, has spent his entire three-year NBA career with the Cavaliers, appearing in 126 regular season games (47 starts) with averages of 5.3 points and 3.0 rebounds in 18.0 minutes per game.
The Cavs have a hole at the 3-spot after trading Lauri Markkanen, and with his length and defensive ability, Wade could easily be a starter for this team in 2022-23.