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Dwyane Wade Buys Ownership Stake in Jazz, Plans to Take on Active Role with Utah

Jesse D. Garrabrant/NBAE via Getty Images Miami Heat legend Dwyane Wade has purchased an ownership stake in the Utah Jazz and hopes to take on a hands-on role within the organization alongside governor Ryan Smith, who took over as the NBA franchise s majority owner in December. utahjazz @utahjazz Legend, Leader, Businessman.Welcome to the Utah Jazz family pic.twitter.com/2YgPLHrTAu Wade told ESPN s Adrian Wojnarowski he s excited to follow in the footsteps of Michael Jordan, Shaquille O Neal and Grant Hill in transitioning from All-Star player to an executive role: This goes way beyond the dream I

Utah Jazz adds Dwyane Wade to ownership group

Wilfredo Lee/AP SALT LAKE CITY 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 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.”

Dwyane Wade buys ownership stake in Utah Jazz

(Rich Fury/Getty Images North America) Three-time NBA Champion Dwyane Wade buys an ownership stake in the Utah Jazz, according to Woj of ESPN. This partnership with the Jazz ownership will allow Wade to get experience in the office setting of things, and there are plans to include him in organizational decisions. After all, you don’t bring on a guy like D Wade and not listen to what he has to say. He will have an active role with the franchise and in the “region”. “This goes way beyond the dream I had to just play basketball in the NBA,” Wade tells ESPN. “…If this partnership is going to be anything like my relationship is with Ryan (Smith), there are going to be a lot of things that I’ll want to be involved in.” https://t.co/h1SnNJM2wz

Dwyane Wade joins Utah Jazz ownership group

Dwyane Wade joins Utah Jazz ownership group
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