Dwayne Wade ‘s business acumen in the world of sports continues to flourish following his retirement from the NBA. Since 2021, he has become a minority owner of the Utah Jazz and joined the ownership group of MLS Real Salt Lake. Now, Dwayne Wade is expanding his portfolio by becoming one of the WNBA’s Chicago Sky owners, a team based in his hometown.
In an interview with ESPN’s Alexa Phillippou, Wade expressed his commitment to supporting women’s professional basketball. He sees this ownership opportunity as the next level of support beyond social media activism and attending games.
Wade firmly believes in the growth potential of the WNBA and wants to contribute to its expansion.
Being involved in the league at its early stages presents a tremendous opportunity for him. The Chicago Sky, valued at $85 million, will determine his level of participation through the team’s board of owners.
Currently, the Chicago Sky roster includes talented players such as Morgan Bersch, Kahleah Cooper, Dana Evans, Rebekah Gardner, Isabelle Harrison, Ruthy Hebard, Sika Koné, Marina Mambrey, Robyn Parks, Alanna Smith, Taylor Soule, Elizabeth Williams, and Courtney Williams. Under the guidance of coach and general manager Emre Vatansever, the team is led in scoring by Kahleah Cooper, who is averaging 17.3 points per game this season.
As the 2023 WNBA season reaches its midpoint, the Chicago Sky currently holds the fifth spot in the Eastern Conference with a record of eight wins and 12 losses.
Dwayne Wade ‘s success as a sports entrepreneur serves as a reminder that not all athletes have lucrative careers after retiring. However, with astute decision-making and smart investments, Dwayne Wade has established himself as a recognized figure in the sports business world. His involvement in various ownership roles showcases his commitment to leaving a lasting legacy in the industry.
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