Dwyane Wade Joins Chicago Sky Ownership Group, Expanding Support for WNBA:
Three-time c champion and 2023 Basketball Hall of Fame inductee Dwyane Wade joined the Chicago Sky’s ownership group, bringing his passion for the game to the business side. In an Instagram post, the Chicago native said it was amazing to be part of history and see his lifelong passion grow.
Wade joins Magic Johnson, Tom Brady, and Alex Rodriguez in investing in the WNBA. Wade bought a Utah Jazz minority stake in 2021.
Wade told ESPN that he wanted to do more than support the WNBA on social media and at games. He wanted to promote the league. His way of making a difference was joining the Sky’s ownership group.
Wade’s arrival excites Chicago Sky players. Kahleah Copper, the team’s star, called his participation a milestone. A former star player gives the organization credibility and excitement.
Wade’s Sky ownership percentage is pending WNBA approval. Laura Ricketts, co-owner of the Chicago Cubs, bought about 10% of the franchise. These investments show the WNBA’s growing popularity as more people realize women’s basketball’s potential.
In 2021, James Wade led the Chicago Sky to their first WNBA title. James Wade resigned to become the Toronto Raptors’ assistant coach. Michael Alter, the team’s owner, wished James Wade well.
As the Sky enters the All-Star weekend with an 8-12 record, Emre Vatansever is the interim head coach.
Dwyane Wade’s ownership of the Chicago Sky is a significant post-playing move. His involvement will boost WNBA support as a respected basketball figure. Wade’s dedication to improving women’s sports shows his love for the game.