NBA legend Dwyane Wade buys possession stake in Utah Jazz

Dwyane Wade # 3 of the Miami Heat blows on his hand during the team’s shooting prior to the game against the Utah Jazz at Vivint Smart Home Arena on December 12, 2018 in Salt Lake City, Utah.

Chris Gardner | Getty Images

Dwyane Wade, 13-time NBA All Star and three-time NBA Champion, is joining Utah Jazz’s group of owners, the jazz announced on Friday.

The terms of the transaction were not disclosed.

Wade will join the group of owners led by tech entrepreneur and Qualtrics founder Ryan Smith and his wife Ashley, who acquired a controlling interest in Utah Jazz in late 2020.

“Shortly after Smith acquired Utah Jazz, he and Wade began talks about Wade joining the Utah Jazz Ownership Group and Smith Entertainment Group (SEG), the first of many joint business ventures,” a Utah statement said Jazz.

“As a kid from the south side of Chicago, this partnership goes beyond my wildest dreams of basketball and I hope to inspire the next generation of dreamers,” Wade said in a statement.

Wade joins a growing list of current and retired athletes who have invested in sports teams around the world. Earlier this week, former Yankees star Alex Rodriguez joined former Walmart e-commerce CEO Marc Lore Buy the Minnesota Timberwolves for $ 1.5 billion.

Correction: Updated this story to remove any mention that Smith’s group of owners is the youngest in the NBA.

cutNscratch: Nationwide album debut coming for Morgan Wade | Leisure

At first she was a screamer, always on the verge of rupturing her vocal cords whenever she lived at or near the top of her range. But within a couple of years her voice got a little quieter, McGee recalled. Your soprano became a powerful, commanding instrument.

“I remember that one of the coolest things about playing with Morgan was always doing the sound check when we went to a bar and tested her microphone,” said McGee. “Everyone at the bar turned around just because that voice knew it was special.

“I’ve played with a lot of people who could sing. But she could sing a line and would have everyone’s attention. It was really cool. “

Meanwhile, the young woman who grew up on bluegrass and old-time music at the Floyd Country Store also developed some American and rock-style songwriting chops with an insistent rhythm guitar style.

Their live work caught the ears of Jason Isbell’s sound engineer at FloydFest in 2019. He approached her after her set in the merch tent, bought her music and told her he would play it for Isbell’s band. She was skeptical.

“I thought oh cool you know,” said Wade. “But by then I had learned that [sort of talk] hits nothing. I met a few people. “

However, within a few days, Vaden hit her with an email. He wanted to talk. He loved her voice and her songwriting. He wanted to make a record. They developed a musical partnership and friendship.