Dwyane Wade, right, and Gabrielle Union sit courtside as they attend the 2023 WNBA All-Star Game at Michelob ULTRA Arena on July 15, 2023 in Las Vegas, Nevada. Ethan Miller/Getty Images/AFP
CHICAGO – Dwyane Wade joins the ownership group of the Chicago Sky, becoming the latest high-profile figure to invest in the WNBA.
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 to a group that included Chicago Cubs co-owner Laura Ricketts last month.
“I think D-Wade joining the organization is a huge milestone for us,” said Sky star Kahleah Copper. “To have a former player who has done it at the highest level is a great thing.”
The three-time NBA champion confirmed on Twitter that he was investing in the team. ESPN was the first to report the news.
“It’s an incredible feeling to be on this side of history. Seeing the growth, on the business side, of something that I have been passionate about all my life is an incredible feeling. Amazing things are happening in the WNBA It’s official! This is for the home team, literally, ”she wrote on the social network.
Wade, who retired from the NBA in 2019, has also joined MLS ownership groups the Utah Jazz and Real Salt Lake since retiring.
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