Dwyane Wade is seeking a two-year, $50 million deal from the Miami Heat.
Wade continues to hold talks with the Denver Nuggets and Chicago Bulls. Both teams can offer Wade a more lucrative deal than the Heat.
The Heat recently raised their offer to two years and approximately $40 million.
There has been no traction between Wade and the Cavaliers, according to sources. The Cavs have no cap space currently and could only offer their $3.4 million mid-level exception.
The Cavaliers' Twitter account recently began to follow Wade and his wife, Gabrielle Union.