It’s a sign of how much NBA players get paid these days, and how much money they can make off the court with shoe deals and other endorsements, plus investments and their personal businesses:
More than one big name NBA star hopes to be part owner of an NBA team someday. They still want to be like Michael Jordan (chairman/owner of the Charlotte Hornets).
Put Dwyane Wade in that group. Not only did he tell Joel Weber of Bloomberg News he wants to own a team, but also he wants to own one in Seattle.
I definitely want to be a part of ownership in the NBA. I’m not going to try to buy a team. I don’t have that kind of bread, but I definitely want to be a part of a great ownership group. NBA Commissioner Adam Silver is all about players being involved in an ownership capacity. You’ve got players like Grant Hill involved in the Atlanta Hawks. Shaquille O’Neal is involved in the Sacramento Kings. It’s definitely something that I’ve talked about, some of my friends have talked about. But, first of all, I’d have to be retired.
Which team?
Seattle. I want Seattle’s team, the Sonics, to come back. I think Seattle is a great basketball town. I would love to be a part of that. But I’m open—if you know somebody.
It’s not now, but it’s not going to be that long before Wade retires. Then he’ll have to pick his spots with ownership, just like any business.
Seattle deserves to get a team back (wearing the Sonics colors and uniform). It’s just going to take a while. Right now there is no appetite for expansion among NBA owners, if a team goes to Seattle (or Las Vegas, or Mexico City, or anywhere else) it will be because an existing team moves. Current NBA Commissioner Adam Silver is more about stability and teams staying in cities rather than seeing them move — he helped create the opportunity for Vivek Ranadive to keep the Kings in Sacramento rather than move to Seattle — but the day will come when an owner sells and the new one is looking to get out of the lease and on to a new (usually bigger) market. That’s not on the immediate horizon with the NBA, but it’s coming.
And Dwyane Wade will be ready.