Denver Nuggets reportedly offer Dwyane Wade a two-year contract north of $50 million, meeting set for Wednesday

According to ESPN.com’s Marc Stein, the Denver Nuggets have offered free agent Dwyane Wade a two-year contract valued at more than $50 million. That number is currently the highest reported offer a team has made to Wade.

Update on Tuesday at 9 p.m. MST

Adrian Wojnarowski of the Vertical is reporting Wade will meet with Nuggets officials on Wednesday in New York.

Sources: Free agent guard Dwyane Wade meeting with Denver Nuggets officials on Wednesday in New York. Story soon on @TheVertical.

— Adrian Wojnarowski (@wojespn) July 6, 2016

The Nuggets' two-year offer to Dwayne Wade is north of $50 million, according to league sources, with Denver still hopeful Wade accepts it.

— Marc Stein (@TheSteinLine) July 6, 2016

Wade is playing hardball with Miami after the Heat originally lowballed him with an offer around $10 million per year. The Heat have reportedly increased that offer to around $20 million per year, Wade’s original asking price, but the Miami Herald’s Ethan Skolnick reports there’s increasing tension between Wade’s camp and the Heat organization.

Yet, Wade might be looking to cash out. He took pay cut after pay cut when the Heat brought on LeBron James and Chris Bosh and might be looking for the last big pay day of his career.

I still believe Wade ends up back in Miami, but could entertain offers from Cleveland if the Cavs are willing to alter their financial situation drastically. That would likely mean James taking an enormous pay cut to bring on Wade.

The Heat were more than $10 million short of Denver's offer at last report but most league observers still expect D-Wade to wind up in Miami

— Marc Stein (@TheSteinLine) July 6, 2016

The motivation for Wade to come to Denver never made sense to me. A young team that might not even make the playoffs in the tougher Western Conference never seemed appealing to Wade, but he apparently isn’t committed to Miami and is weighing his options as of now.

However, the motivation for Denver to land a player of Wade’s magnitude is obvious. Wade would instantly help ticket sales, attendance, and television ratings, and would also shift the Nuggets back into the national spotlight for the first time in years. The presence of Wade alone would do wonders for the young Nuggets core as well.

More to come…