While hundreds of people yelled for him at a rally in Miami on Wednesday, Dwyane Wade was in Chicago, going through final preparations for a free agent period like no other in NBA history.

The Minnesota Timberwolves reached a verbal agreement on a three-year, $13 million contract with their 2008 second-round pick Nikola Pekovic, two league sources told ESPN.com’s Chad Ford.

Restricted free agent Rudy Gay has received a qualifying offer from the Memphis Grizzlies.

John Wall can’t have No. 11, so he’s going with No. 2.

Spurs swingman Richard Jefferson has opted out of the final year of his contract and will become a free agent.

Chicago Bulls chairman Jerry Reinsdorf will join Tom Thibodeau, Gar Forman and John Paxson in recruiting LeBron James.

Bobcats center Tyson Chandler will not opt out of his contract to test free agency as he had previously considered, a source close to Chandler said.

Mavericks president Donnie Nelson on Dirk Nowitzki: ‘We’re gonna get him.’