Heat bring back Wade, title odds climb

dwyane wade miami heat 2016 nba finals odds betting

LAS VEGAS, NV (The Spread) - The Miami Heat's 2016 NBA Finals odds have changed dramatically following the signing of Dwyane Wade.

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According to oddsmakers from online sports book Bovada.lv, the Heat's odds to win next year's NBA title are now 25/1 after being listed at 40/1 before signing Wade. The deal is for one year at $20 million.

"For over a decade, Dwyane has embodied what it means to wear the Miami Heat uniform," said Heat President Pat Riley. "He has been the pillar and constant of this organization, and is a true champion in every sense of the word. We are thrilled that Dwyane has re-signed and will lead us as we look to win another NBA Championship."

Over the last couple of days the Heat have also signed Amare Stoudemire to a one-year, $1.5 million deal and Gerald Green to a one-year, $1.4 million contract. The team also re-signed Goran Dragic on July 9.

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