A highly successful Dwyane Wade, who has three NBA championships and 13 All-Star Game appearances under his belt, is making a significant move by joining the WNBA’s Chicago Sky ownership group.
Wade is the latest high-profile figure to invest in the 27-year-old league.
“We all talk about support, and support is different for everyone,” Wade told ESPN. “So instead of tweeting and saying, ‘Go support the W,’ instead of showing up in-game and supporting, I wanted to take it to the next level, and this was the next level for me.”
“It’s a great opportunity to be a part of the league in its early stages… Growth is going to happen, and so I want to be a part of the growth of this league.”
Wade will invest in his hometown team once the league’s Board of Governors approves the sale. The Chicago Sky sold a roughly 10% stake in the team, valuing it at $85 million, to a group that included MLB Chicago Cubs co-owner Laura Ricketts last month.
Wade, who retired from the NBA in 2019, has joined MLS ownership groups the Utah Jazz and Real Salt Lake since retiring.
Associated Press contributed to this report.
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