Dean Wade Signs $18.5 Million Contract Extension with Cleveland Cavaliers
3-Year Deal Includes Guaranteed $16.5 Million
Wade to Earn $6.17 Million Annually
Cleveland Cavaliers forward Dean Wade has signed a three-year, $18.5 million contract extension with the team. The deal, which includes $16.5 million guaranteed, will see Wade earn an average annual salary of $6.17 million.
For the upcoming 2023-24 season, Wade is set to receive a base salary of $5.71 million. The 27-year-old power forward has an estimated net worth of $24.1 million.
The extension comes as a reward for Wade's contributions to the Cavaliers. He has emerged as a key role player, providing consistent defense and rebounding while also chipping in with some scoring.
The Cavaliers hope that Wade will continue to develop and become an even more valuable asset to the team. The contract extension gives him the security to do so and sets him up for a bright future in Cleveland.
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