Dwyane Wade's net worth flex by purchasing a stake in an NBA franchise in year 2022: All you need to know
Dwyane Wade's net worth took a big jump last year after he purchased a stake in the ownership of the Utah Jazz. Now, the Miami Heat legend is worth roughly $170 million. In his entire NBA career, Wade's total earnings were $196 million.
After being drafted fifth overall in 2003, Wade played 16 NBA seasons. In that time, he averaged 22.0 points, 4.7 rebounds and 5.4 assists. Some of Wade's career accolades include being a 13-time All-Star, three-time champion and one-time Finals MVP.
Dwyane Wade's net worth breakdown
Outside of his ownership in the Utah Jazz, most of Dwyane Wade's net worth stems from his real estate assets. He and wife, Gabrielle Union, own an array of properties in multiple cities. In 2020, the couple bought a $20 million dollar mansion in Hidden Hills, California. They still also own their previous home in Sherman Oaks that is worth around six million dollars.
The final home Dwyane Wade owns dates back to his playing days. While still with the Miami Heat, he bought a mansion that sits on the waterfront. The guard has put it on the market, but there haven't been any buyers.
Utah Jazz helping Dwyane Wade in more ways than one
Outside of adding to Dwyane Wade's net worth, the Utah Jazz have also helped him out in other ways. After his oldest son went undrafted, the franchise signed him to their G League team.
Zaire Wade was a highly touted prospect coming up through the ranks, but injury sidelined him right before it was time to make the jump to the NBA. He then signed a deal with the Salt Lake City Stars. Zaire appeared in 13 G League games last year and averaged 4.6 points, 1.5 rebounds and 1.8 assists.
Another way the Jazz might help Dwyane Wade is by giving him a good return on investment. After parting ways with Donovan Mitchell and Rudy Gobert in the offseason, many expected Utah to gear up for a rebuild. Instead, the rag-tag group of players have gone on to shock the NBA community. The Jazz currently sit in second place in the Western Conference with a record of 12-7.
There is no telling if they'll be able to keep this up, but the owners should be more than pleased with the team's play thus far. Plus, with their treasure chest of assets, they could still end up in the running to get highly-touted draft prospect Victor Wembanyama.