Dwyane Wade is a legend of the Miami Heat. However, he is a son of the city of Chicago. After spending a career without much contribution to his hometown team, Dwyane Wade is looking 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 that plays in the WNBA.
“I am an investor in a lot of things. If I can give my name and my brand to something meaningful that I see the future in, I always try to do that,” Wade told the Chicago Sun-Times.
At present, it is not clear how many shares Dwyane Wade wants to buy back in Chicago Sky, as well as whether he has decision-making power on the board of directors. However, this is still a positive news, helping women’s teams win the attention of fans.
The WNBA has also experienced significant revenue growth over the years. According to Sports Pro, the 2023 season could see the WNBA’s revenue reach 180-200 million USD, double the figure they achieved in 2019. This is proof of why Dwyane Wade wants to invest in the tournament. this match.
Dwyane Wade’s fortune
A good player from his early years in the NBA, Dwyane Wade quickly earned valuable contracts with the Miami Heat. Right in the rookie season, Dwyane Wade brought in $2.6 million for himself.
During his entire career playing in the NBA, Dwyane Wade has earned about 198 million USD from playing contracts alone. This number does not include bonuses, sponsorship deals and especially being a brand ambassador for Li-Ning, a leading Chinese sportswear company.
According to Forbes’ estimates, Dwyane Wade currently owns a fortune of $170 million, excluding other in-kind assets such as real estate. Dwyane Wade even has a small stake in the Utah Jazz team.