Dwayne Wade purchases ownership stakes in the Utah Jazz

Dwyane Wade is building his portfolio more and is taking up some ownership stakes of the Utah Jazz and has plans to take on a hands-on role within the organization.

Dwayne Wade, who is an eight-time All-NBA player with the Miami Heat, is the most recent of several Hall of Fame-level players with NBA ownership stakes. Other NBA players that have ownership stakes are Grant Hill (Atlanta Hawks), Shaquille O’Neal (Sacramento Kings), and Charlotte Hornets majority owner Michael Jordan. Wade told ESPN’s Adrian Wojnarowski he’s excited to follow in the footsteps of some of his peers that went on to be all-star players to executives in the league. Wade told ESPN’s Adrian Wojnarowski he’s ready and excited to follow in the footsteps of some of his co-workers that have also gone on to be all-star players to executives in the league.

Wade stated, “This goes way beyond the dream I had to just play basketball in the NBA. I’ve seen Shaq do it in Sacramento. I’ve seen Grant Hill do it in Atlanta. I’ve seen Jordan do it in Charlotte. If this partnership is going to be anything like my relationship is with Ryan, there are going to be a lot of things that I’ll want to be involved in.”

“Unfortunately, people in my community don’t get this opportunity, and I do not take it lightly to have this opportunity. To make real change, this is where you have to be–at the top—and Ryan knows that. I’m thankful for him, and I know too that I bring a lot to this partnership outside of just my basketball knowledge and skills.”

Being in the NBA, Wade was one of the most honorable players of his generation. He spent 14-and-a-half of his 16 seasons with the Heat, he won three championships and was selected to 13 All-Star teams. If Wade brings that same energy to his work ethics on to the management side of things, people will need to be on the lookout.