Sources: Dwyane Wade intensifying talks with Knicks, Bucks

July 1, 2016, 7:30 PM

— -- As the Miami Heat focus on a Sunday meeting with Kevin Durant, free agent Dwyane Wade is intensifying talks with other teams, including the New York Knicks and Milwaukee Bucks, sources told

Wade could look to schedule meetings next week after he returns from vacationing in Europe, sources said.

On Friday, the Heat reached a verbal commitment with center Hassan Whiteside on a four-year contract that could be worth up to $98 million. The decision will likely force the Heat to renounce Wade's rights regardless of Durant's decision.

After the Whiteside contract, the Heat currently have $19 million in cap room, although they have some options to create more if needed.

According to sources with knowledge of the situation, Wade does not want to accept less than the $20 million he made in Miami last year.

Wade, who has played 13 years in Miami and won three championships, has grown frustrated with the Heat as they prioritized Durant and Whiteside in free agency, sources said. Over the years, Wade has twice taken pay cuts to help the Heat manage their salary cap and also taken short-term deals to help the team with flexibility.

He has signed one-year contracts in each of the past two summers, earning $20 million last season. He averaged 19 points, 4.1 rebounds and 4.6 assists playing in 74 games, his most in five years, last season.

The Knicks are in the market for a shooting guard after trading for Derrick Rose and lining up a deal with Joakim Noah.

Milwaukee has special interest for Wade because of his college experience, where he starred at Marquette, and is close to his native Chicago. The Bucks have been active in the free-agent market, verbally agreeing to deals with Mirza Teletovic and Matthew Dellavedova on Friday.