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Dwyant Wade’s latest deal includes a salary cap increase that will increase his guaranteed salary to more than $100 million.
The Cavs forward’s deal includes two guaranteed years at $40 million and a player option for another $25 million in 2019-20.
Wade has agreed to terms on his new deal that includes a $60 million team option for 2021-22.
Wade will receive a total of $96 million in guaranteed money, including a $20 million player option, according to league sources.
The salary cap is expected to increase by $1 billion in the coming year.