Dwyane Wade Says His 5-Year-Old Daughter Inspired His Investment In the Chicago Sky. Now the Team’s Worth $95M

Basketball star Dwyane Wade has always been a vocal fan of the WNBA, but he credits his family as a major reason for becoming an investor. His 5-year-old daughter, Kaavia, whom he shares with actress Gabrielle Union, played the biggest role in his decision to become part-owner of the Chicago Sky in 2023. NEW YORK, NEW YORK – JUNE 07: Dwyane Wade speaks onstage at the TIME100 Summit 2022 at Jazz at Lincoln Center on June 7, 2022 in New York City. (Photo by Jemal Countess/Getty Images for TIME) “The big part of that is that my son, Zaire, grew up and he had a dream of being in the NBA,” Wade said to “CBS Mornings.” “He had a dream of being like his favorite players. You understand the importance of role models, and so I want my daughter to have that same feeling.” Investing in Chicago Sky Wade’s investment in the Chicago Sky is linked to the team’s valuation at the time he joined the ownership group in 2023, which was $85 million. Since then, the team’s value has risen to an estimated $95 million, according to the WNBA website. The Chicago Sky owners sold a 10% stake in...