The Chicago Bulls are willing to discuss a buyout with Dwyane Wade if it is "advantageous" for the team.

Wade has already exercised his $23.8 million player option for the 17-18 season with the Bulls.

With the Bulls trading away Jimmy Butler on draft night, the franchise has signaled their intention to rebuild.

Chicago signed Wade to a two-year, $47.5 million contract during the 2016 offseason.