SALT LAKE CITY (CBSMiami/AP) — Miami Heat legend Dwyane Wade is now an NBA owner, unfortunately, it’s not with the Heat.
The Utah Jazz announced Friday that the 13-time NBA All-Star will join the youngest ownership group in the league.
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The group is headed by technology entrepreneur Ryan Smith, who along with his wife, Ashley, acquired majority interest in the Jazz in late 2020.
Wade and Smith have known each other for several years and had discussed working with each other in various capacities.
“Dwyane is not only a basketball legend, he is also a great leader, businessman, and human being,” Smith said in a statement.