Major Moves! Dwyane Wade Buys Ownership Stake in Utah Jazz

Dwyane Wade is making big moves outside of the court.

The 13-time NBA All-Star and 3-time NBA champion is now part of the Utah Jazz. According to reports, he purchased an ownership stake. The transaction took place, however, details were not released as of yet.

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Utah Jazz released a statement:

“Shortly after Smith acquired the Utah Jazz, he and Wade began conversations about Wade joining the Utah Jazz ownership group and Smith Entertainment Group (SEG), the first of many joint business ventures.”

Wade also shared his excitement:

“As a kid from the south side of Chicago, this partnership goes beyond my wildest dreams of playing basketball, and I hope to inspire the next generation of dreamers.”

Congrats to Dwyane Wade!