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NBA legend Dwyane Wade buys ownership stake in Utah Jazz

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Dwyane Wade #3 of the Miami Heat blows on his hand during the team’s shoot around before their game against the Utah Jazz at the Vivint Smart Home Arena on December 12, 2018 in Salt Lake City, Utah.

Chris Gardner | Getty Images

Dwyane Wade, 13-time NBA All Star and three-time NBA champion, is joining the ownership group of the Utah Jazz, the Jazz announced Friday.

The terms of the transaction were not disclosed.

Wade will join the ownership group led by technology entrepreneur and Qualtrics founder Ryan Smith and his wife, Ashley, who acquired a majority interest in the Utah Jazz in late 2020. 

“Shortly after Smith acquired the Utah Jazz, he and Wade began conversations about Wade joining…



Source cnbc.com

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