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Dwyane Wade may be best known for his titles with the Miami Heat, but the former NBA All-Star is also a part-owner of the Utah Jazz.
Dwyane Wade made an impact on the basketball court as a player. He made waves off it with his fashion choices. He’s judged America’s Got Talent and been a pitchman for multiple brands.
But that’s not the end of his endeavors.
In fact, he’s taken on another huge responsibility in the NBA by grabbing an ownership stake in the Utah Jazz.
Dwayne Wade is one of the owners of the Utah Jazz
In 2021, Wade became one of the newest owners of the Jazz. It’s not clear how much of a stake he purchased but the minimum is one percent, so we know he has at least that.
Wade is one of several former players who have become part owners in the league they used to play in. Michael Jordan is famously the majority owner of the Hornets while Shaquille O’Neal has a stake in the Kings, Grant Hill is in the Hawks ownership group and David Robinson has a share in the Spurs.
While some minority owners like to take a hands-off approach, Wade said at the time that he wanted to be considerably involved in the franchise.
“This goes way beyond the dream I had to just play basketball in the NBA,” Wade said. “I’ve seen Shaq do it in Sacramento. I’ve seen Grant Hill do it in Atlanta. I’ve seen Jordan do it in Charlotte. If this partnership is going to be anything like my relationship is with [Utah Jazz majority owner] Ryan [Smith], there are going to be a lot of things that I’ll want to be involved in.”