What are some of the major endorsement deals that make up Dwyane Wade's net worth
Dwyane Wade's net worth is estimated at $170 million in 2022. The former NBA superstar has done a great job managing his business empire since retiring, which is why he's one of the most successful former players.
Despite being one of the greatest players of his generation, the shooting guard was relatively underpaid compared to his peers. Throughout his 16-year professional career, Wade made $198.9 million from his contracts, which comes down to only $12.4 million a year.
This article will take a closer look at Dwyane Wade's net worth and reveal some of the major endorsement deals that the NBA legend signed.
Dwyane Wade's net worth is impressive
Besides dominating basketball courts, D-Wade has achieved a lot of success in the business world as well. Some of Wade's biggest endorsement deals include Gatorade, Panini and New Era.
During his career as a player, the three-time NBA champion signed a lifetime deal with Li-Ning, a Chinese sportswear company. Wade's deal with the company included his own signature shoes and the prestigious title of Chief Brand Officer.
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The "Way of Wade" brand has achieved a lot of success in both China and the United States. While his shoes are nowhere near as popular as Michael Jordan's shoes, Wade's equity stake in Li-Ning has drastically helped with his net worth.
The former Miami Heat shooting guard is an endorser of several other companies and brands. He's always had a particular taste in fashion, so it's not surprising that he has his own line of socks, underwear and neckties.
The 13-time All-Star also teamed up with Pahlmeyer Winery to bring his own brand of wine called Wade Cellars. The wine brand has been in business since 2014 and has been constantly endorsed by Dwyane Wade.
The basketball legend is not afraid to get into new business ventures. Due to this, it's not surprising that he's achieved a lot of success in many different branches.
“I’ve always taken chances,” Wade told CNBC in an interview in May 2022. “I’ve always been a guy that’s done things a little different than everybody.”
He was even involved in creating and selling NFTs.
Wade is still part of the NBA
Dwyane Wade's net worth drastically benefits from his connection to the NBA. Even though he retired as a basketball player in 2019, he is still part of the league.
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In 2021, Dwyane Wade purchased a minority stake in the Utah Jazz. Despite being a Miami Heat legend, Wade decided to take his chances with the Western Conference team. At the moment, the team is valued at $2.25 billion.
Wade also owns Real Salt Lake, an MLS team.