The Miami Heat will unveil a statue of Dwyane Wade outside of Kaseya Center later this year.

"When we retired his jersey in February 2020, I said Dwyane was the face of this franchise forever and I meant it. Dwyane's legacy is a towering one not only for the Miami Heat but for Miami-Wade county. I can't think of a better way to honor him than by memorializing that legacy," said Pat Riley.

The team held a halftime ceremony to honor Wade's induction to the Basketball Hall of Fame on Sunday.

The statue will be unveiled in fall of 2024.