Source: Dwyane Wade joining Li-Ning

Updated: October 2, 2012, 6:27 PM ET
By Jared Zwerling | Special to ESPNNewYork.com

Miami Heat star Dwyane Wade has officially departed Jordan Brand for Beijing-based footwear and apparel company Li-Ning, according to a source familiar with the situation.

Wade had been with Jordan Brand since 2009 and his contact expired on Oct. 1.

"The Jordan Brand and Dwyane Wade have mutually agreed to end our relationship. We wish Dwyane well as he continues his career," Jordan Brand said in a statement.

Wade confirmed Tuesday that he left Jordan but did not ...

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