Dwyane Wade wants to invest in a WNBA team: Asset details of the former Miami Heat star
Dwyane Wade is a legend of the Miami Heat. However, he is a child of Chicago. After spending his entire career not contributing much to his hometown team, Dwyane Wade wants to help in many ways after retiring.
Specifically, Dwyane Wade is planning to invest in a women’s basketball team. Specifically, the star born in 1982 wants to buy back shares of the Chicago Sky team, a women’s professional basketball team playing in the WNBA.
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“I’m an investor in a lot of things. If I can give my name and brand to something meaningful that I see a future for, I always try to do that,” Wade told the Chicago Sun-Times.
Currently, it is still unclear the number of shares that Dwyane Wade wants to buy back in Chicago Sky, as well as whether he has decision-making power on the executive board or not. However, this is still positive information, helping women’s football teams gain the attention of fans.
The WNBA has also had growth in revenue over the years. According to Sports Pro, the 2023 season could see WNBA revenue reach $180-200 million, double the number they achieved in 2019. This is a testament to why Dwyane Wade wants to invest in the tournament. this match.
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Property of Dwyane Wade
A good player from his first years in the NBA, Dwyane Wade quickly earned valuable contracts with the Miami Heat. Even in his rookie season, Dwyane Wade brought in $2.6 million for himself.
(NBA Entertainment)
During his entire NBA career, Dwyane Wade has earned about $198 million just from competition contracts. This number does not include bonuses, sponsorship contracts and especially becoming a brand ambassador for Li-Ning, a leading Chinese sportswear company.
According to Forbes estimates, Dwyane Wade currently owns assets worth $170 million, not including other in-kind assets such as real estate. Dwyane Wade even has a small stake in the Utah Jazz team.
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