If You Want to Change Your Life, You Could Follow Dwyane Wade’s Example
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Former NBA legend, Dwyane Wade, joined the ownership ranks of the Utah Jazz. Specific details of the partnership were not mentioned.
Wade becomes the latest former NBA player joining the ownership ranks of NBA basketball teams.
Other players include Grant Hill with the Atlanta Hawks, Shaquille O’Neal with the Sacramento Kings, and Michael Jordan, the majority owner of the Charlotte Hornets. Previously, Magic Johnson had a 4% stake in the Los Angeles Lakers.
Wade teams up with the ownership group led by technology entrepreneur and Qualtrics founder Ryan Smith and his wife, Ashley. They acquired a majority interest in the Utah Jazz in late 2020. The Utah Jazz is in Salt Lake City, Utah.
Other members of the Utah Jazz ownership investor and Accel partner Ryan Sweeney; Atlassian co-founder Mike Cannon-Brookes; and the Miller family, which previously owned the team.
“As a kid from the south side of Chicago, this partnership goes beyond my wildest dreams of playing basketball, and I hope to inspire the next generation of dreamers,” said Wade in a recent statement.
Dwyane Wade played 16 NBA seasons with Miami, Chicago, and Cleveland before retiring after the 2018–19 season. He won three NBA titles and the Miami Heat retired his №3 jersey.
There was talk about Wade buying in Miami Heat but talks never finalized.
“Partnering with Ryan and the Utah Jazz is the perfect fit as we share the same vision and values,” Wade said. “Not only is this group focused on building a championship franchise, they are also committed to using their platform to do good and actively create a more inclusive, equitable world. We share a lot of the same goals and are trying to go the same places in life.”
“Dwyane is not only a basketball legend, he is also a great leader, businessman, and human being,” Smith said in a statement. ”As we continue to build on the incredible legacy of the Utah Jazz franchise, we are excited to add Dwyane’s experience and expertise to the equation. Utah is an amazing place and I couldn’t be more thrilled about the future of the franchise and the future of this state. Dwyane’s influence will be important to both.”