NBA-National Basketball Association roundup

June 29 (The Sports Xchange) - Miami Heat guard Dwyane Wade informed the team he would opt out of his contract and become a free agent on Wednesday, but forward Luol Deng activated his player option to remain in South Florida. The Heat could still bring back Wade, an 11-time All-Star and three-time NBA champion, even after Wade passed on the final year of his contract worth $16.1 million. - - There will be another summer of LeBron in Cleveland, but the Cavaliers are fully aware of how the next chapter will play out as LeBron James enters free agency for the third time in six years. James will bypass his $21.6 million player option with the Cleveland Cavaliers to become an unrestricted free agent on Wednesday. But unlike the previous two visits to the open market, James is not planning to entertain other offers. - - The Golden State Warriors exercised the team option on the contract of forward Marreese Speights for the 2015-16 season, the team announced. Speights, 27, appeared in 76 regular-season games (nine starts) for Golden State in 2014-15, averaging a career-high 10.4 points along with 4.3 rebounds in 15.9 minutes per contest. - - The Orlando Magic waived guard Ben Gordon. Gordon played in 56 games last season with Orlando, averaging 6.2 points in 14.1 minutes per game, while shooting .361 from 3-point range and .836 from the free-throw line. (Editing by Frank Pingue)