Dwyane Wade sat courtside at WNBA All-Star as new owner of Chicago Sky
Chicago native and NBA legend Dwyane Wade’s mother first introduced him to the Chicago Sky.
“(She) was a fan of the Chicago Sky before I became a fan of the Chicago Sky,” Wade told ESPN. Now, Wade is putting his love for the team into an ownership interest as he becomes the latest member of the Sky’s ownership group.
“We all talk about support, and support looks different for everyone,” Wade said. “And so instead of tweeting out and saying ‘Go support the W,’ instead of showing up at the game and supporting, I wanted to take it to that next level, and this was the next level for me.
“It’s a great opportunity to be a part of the league in its very early stages. … Growth is going to happen, and so I want to be a part of the growth of this league.”
It’s a Skytown thing 👏🏾 pic.twitter.com/AV5Dy531fd
— Chicago Sky (@chicagosky) July 16, 2023
The WNBA Board of Governors must still approve the sale, but it is a virtual certainty they will. Wade becomes the second NBA player to invest in the WNBA, the first being Magic Johnson’s investment in the Los Angeles Sparks.
While the new NBA CBA allows NBA players to invest in certain WNBA teams, with exceptions, former players seem to have no such restrictions. However, with the investment from high-profile former players like Wade, it is only a matter of time before more players recognize that investment into the W is a sound financial decision.
