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Written by Associated Press on April 19, 2021 SALT LAKE CITY (AP) — Dwyane Wade is an NBA owner. The Utah Jazz announced Friday that the 13-time NBA All-Star will join the youngest ownership group in the league. The group is headed by technology entrepreneur Ryan Smith, who along with his wife, Ashley, acquired majority interest in the Jazz in late 2020. Wade and Smith have known each other for several years and had discussed working with each other in various capacities. “Dwyane is not only a basketball legend, he is also a great leader, businessman, and h...

Former Heat star buys ownership stake in NBA team April 16, 2021 at 4:31 PM EDT - Updated April 16 at 4:31 PM Former Miami Heat star Dwyane Wade has become part-owner of an NBA franchise, but it's not the team where he spent 14-plus seasons. The 13-time NBA All-Star has purchased an ownership stake in the Utah Jazz, becoming the latest high-profile former professional basketball great to make an investment in an NBA franchise, joining Grant Hill (Atlanta Hawks), former teammate Shaquille O'Neal (Sacramento Kings) and Charlotte Hornets majority owner Michael Jordan. While it's good news fo...

Retired NBA star Dwyane Wade has become part-owner of Utah Jazz. He joins majority owner and team governor Ryan Smith, founder of Qualtrics.

By Steve DelVecchio  |  Last updated 4/16/21 Dwyane Wade announced on Friday that he has purchased a stake in an NBA team, but that team was not the one with which he won three championships. Miami Heat owner Micky Arison admits he is not thrilled about that. After Wade shared his big news, Arison took to Twitter to both congratulate the Heat legend and address the question many have asked — why didn’t Wade buy a stake in his former team? Arison said the Heat spoke with Wade about joining their ownership group when the 13-time All-Star retired in 2019, but Wade was not ...

Deseret News Share this story Jeffrey D. Allred, Deseret News Many people over the past few years have compared Utah Jazz star Donovan Mitchell to NBA legend Dwyane Wade, who won three championships and was named an All-Star 13 times. Now, as first reported by ESPN’s Adrian Wojnarowski on Friday morning, the two will both be part of the Jazz organization, as Wade has purchased an ownership stake in the franchise from new owner Ryan Smith. Related The Jazz announced the deal a short time later. Wade, who played for the Miami Heat from 2003-19, told Wojnarowski on ESPN, “This goes way b...