Sources told ESPN.com that Miami is the closest thing to a front-runner in the chase for Deng in the wake of LeBron James' blockbuster announcement that he's returning to his home-state Cleveland Cavaliers.
Sources say it's possible Wade's looming deal with the Heat might not be finalized until next week while negotiations with Deng continue. But Miami's current aim is assembling a core that features Wade and Bosh with newcomer Josh McRoberts and Deng if they can complete a deal with the former Chicago Bulls All-Star.
Dallas and Atlanta remain interested in Deng, as well. In addition, sources said Saturday that Phoenix has also jumped into the mix for Deng, who was traded from Chicago to Cleveland in January after years of trade rumors.