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The three-time NBA champion and 13-time
All-Star will be inducted into the Hall of Fame next month.
"It's an incredible feeling being on this side of history," Wade
posted on Twitter. "To see growth, on the business side, for
something that I've been passionate about my whole life is an
amazing feeling. It's official! This is for the home team --
literally."
Wade's exact ownership percentage was not disclosed. His
investment is subject to approval by the WNBA's board of
governors.
Wade, 41, has also joined the ownership groups for the NBA's
Utah Jazz and the MLS club Real Salt Lake since retiring from
the NBA in 2019.
He joins other high-profile investors in the women's basketball
league, including Tom Brady (Las Vegas Aces), Alex Rodriguez
(Minnesota Lynx) and Magic Johnson (Los Angeles Sparks).
--Field Level Media
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