Dwyane Wade net worth, Utah Jazz ownership, investments and NBA career so far

Dwyane We is latest in line of NBA legends to take up franchise ownership following his purchase of a stake in Utah Jazz. Utah have been team to beat this season, and are atop Western Conference standings, having undergone a takeover in October 2020. We plans to take an active role in franchise and here's a look at Dwyane We net worth, Dwyane We Utah Jazz ownership and Utah Jazz owners. 

Dwyane We Utah Jazz: NBA legend purchases minority stake in West leers 

Dwayne We, an eight-time All-Star NBA player with  Miami Heat, has joined bandwagon of several hall of fame players taking up ownership in NBA teams. We joins Grant Hill (Atlanta Hawks), Shaquille O'Neal (Sacramento Kings) and Charlotte Hornets majority owner Michael Jordan. Magic Johnson previously h a 4% stake in  Los Angeles Lakers. According to ESPN's rian Wojnarowski, Dwyane We and Ryan Smith became friends shortly after Heat legend's retirement from NBA. 

We wanted to understand about Smith's tech empire, including his company Qualtrics and duo discussed idea of teaming up as Utah Jazz owners when Smith completed a $1.66 billion purchase of franchise in October, although Ryan Smith net worth, as per multiple reports, is $1.5 billion.  NBA has a bylaw that ownership stakes can be no less than 1% of team, and it is still unclear as to how much did Dwyane We invest in Utah Jazz. NBA legend said that this is an opportunity beyond his dream of playing basketball and does not take it lightly as not many people in his community get it. 

Dwyane We net worth 

According to Celebrity Net Worth, Dwyane We has a net worth of $170 million. Much of Miami Heat legend's net worth comes from his career as a professional basketball player in NBA. We earned $198 million in salary alone during his time in NBA and furr extended his wealth with a slew of endorsements. We signed a 10-year, $60 million contract with Chinese brand Li-Ning.

He eventually signed a life-time deal with Li-Ning that included an equity stake in company. Beore Li-Ning, NBA legend h deals with Nike's Jordan and Converse. We has also invested heavily in real estate, splashing a massive $20 million for a massive mansion in Hidden Hills, California. He also owns a $6 million house in Sherman Oaks. Heat legend also has a house in Miami listed for sale, for $32.5 million, eventually reducing price to $29 million but has no takers so far. 

Disclaimer: above Ryan Smith net worth and Dwyane We net worth information is sourced from various websites/ media reports. website does not guarantee a 100% accuracy of figures.

(Image Courtesy: nba.com)