Yes, wheel is a Scrabble word!

Verb

1. Change directions as if revolving on a pivot

2. Wheel somebody or something

3. Move along on or as if on wheels or a wheeled vehicle

4. Ride a bicycle

Noun

1. A simple machine consisting of a circular frame with spokes (or a solid disc) that can rotate on a shaft or axle (as in vehicles or other machines)

2. A handwheel that is used for steering

3. Forces that provide energy and direction

4. A circular helm to control the rudder of a vessel

5. Game equipment consisting of a wheel with slots that is used for gambling; the wheel rotates horizontally and players bet on which slot the roulette ball will stop in

6. An instrument of torture that stretches or disjoints or mutilates victims

7. A wheeled vehicle that has two wheels and is moved by foot pedals