The former NBA star and now businessman Dwyane Wade has bought an ownership stake in the NBA’s Utah Jazz as he continue building his legacy beyond the game of basketball.
According to ESPN, Wade now joins a small ownership group that includes majority owner and team governor Ryan Smith, and his wife, Ashley; investor and Accel partner Ryan Sweeney; Atlassian co-founder Mike Cannon-Brookes; and the Miller family, as he plans to take on an active role in the franchise to help take it “to the next level.”
Wade took to Instagram to make the announcement with caption, “Proud and excited to become a part of the @utahjazz family with Ryan Smith and the rest of the amazing ownership team.”
“As a businessman, entrepreneur, and investor, I bring a lot to this partnership outside of my basketball experience,” he adds. “I’m excited to help take the Utah Jazz to the next level.”