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Dwyane Wade Net Worth: About Former NBA Player Earnings

Dwyane Wade
Dwyane Wade

Want to know about Dwyane Wade Net Worth? A former professional basketball player in the United States, Dwyane Wade Jr. was born on January 17, 1982, in Newark, New Jersey. Wade played for the Miami Heat of the National Basketball Association (NBA) for most of his 16-year career, winning three NBA titles and being a 13-time NBA All-Star. Wade is also the all-time leader in points, games, assists, steals, made shots, and took photos for the Miami Heat. He was a member of the Miami Heat when they faced the Dallas Mavericks in the NBA Finals, a game they won 4-2. Wade was named the Finals’ Most Valuable Player.

In 2010, LeBron James and Chris Bosh joined Wade on the court together. In 2011, the Heat made it back to the NBA Finals, however this time, they fell to the Dallas Mavericks by a 4-2. However, the Miami Heat won back-to-back NBA championships in 2012 and 2013 courtesy to Wade, Bosh, and Lebron James. Wade joined the Chicago Bulls in 2016, joining Jimmy Butler and Rajon Rondo on his home team’s roster. The trio made the playoffs but was swept by the Boston Celtics in the opening round.

In 2017, Wade re-joined the Cleveland Cavaliers, rejoining LeBron James. But he returned to the Heat in 2018 and retired as a Miami Heat player in 2019. He has two Olympic medals to his name from his time on the US national team. He took home a bronze medal in Athens in 2004 and a gold in Beijing in 2008.

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Dwyane Wade Net Worth

Dwyane Wade’s net worth is at $170 million. Throughout his career, he earned approximately $198 million in salary alone. Apart from his professional basketball career, a significant percentage of his money was derived from other sources of income, primarily endorsements.

Dwyane Wade

NBA Legend Dwyane Wade Buys Ownership Stake In Utah Jazz (Source: CNBC)

He made around $157 million over his 16-year career with the Miami Heat. In between, he played a season with the Chicago Bulls and a season with the Cleveland Cavaliers, when he earned roughly $38 million. His overall earnings are projected to be in the $196 million range. Wade is presently a brand ambassador for a number of major brands and products. Panini, Gatorade, New Era, Li Ning Company Ltd, and Hublot are among them. His shoe agreement with Li Ning in 2012 was his most notable endorsement arrangement.

He left Converse in 2009 to join Nike’s Jordan brand. He made up to $5 million per year in the early phases, which eventually increased to $10 million. Dwyane Wade inked a 10-year, $60 million partnership with the Chinese company Li-Ning in 2012. This progressed to a lifelong agreement with an equity stake.

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Dwyane Wade Other Sources of Earnings

Dwyane Wade Net Worth: Know About Former NBA Player Earnings

Dwyane Wade Let a 17-Year-Old Colorist Paint Flames Into His Hair (Source: Allure)

Investment

Along with Drake, Dwyane has invested in ‘The Mars Reel,’ a digital sports media startup venture that will feature elite high school athletes and their teams. Other celebrities are also involved in this endeavor.

Property

Dwyane and Gabrielle are the owners of three homes. The first is a coastal Miami estate that they purchased in 2010. The mansion was placed for sale in 2019 for $32.5 million, which was later reduced to $29 million, but there have been no takers. The couple purchased their second mansion in Sherman Oaks in 2018. Their most recent purchase is a 22,000-square-foot house in Hidden Hills.

Charity Works

In 2003, Dwyane created ‘The Wade’s World Foundation,’ which provides financial support to community-based organizations that work with at-risk adolescents to promote academic success, health, and social skills. His humanitarian organization, which he co-founded in 2008 with his former Miami Heat teammate Alonzo Mourning, co-hosted ZO’s Summer Groove, a summer fundraising event.

Dwyane also used his charity to protect the Robbins, Illinois public library from collapsing in 2009. Dwyane and Alonzo Mourning launched the Haitian earthquake relief fund in 2010. Wade is well-known for visiting hospitalized children and is a Hoops for St. Jude’s Children’s Research Hospital Ambassador.

Other Income

Dwyane Wade has appeared in television shows, advertisements, and periodicals in addition to his various endorsements. He has also been named one of the NBA’s best-dressed players by GQ and has been named one of Individuals Magazine’s 50 most beautiful people. Dwyane’s first business effort was with the bow tie brand ‘The Tie Bar.’ According to recent reports, he has also entered the stock market. He intends to start his sock brand, with styles ranging from sports to casual to dress.

Dwyane Wade works in the wine sector as well. He currently sells Napa Valley red wine for $250 per bottle. He also has partnerships with Swiss watchmaker Hublot. According to sources, Gabrielle and Dwyane have filed trademark applications for Kaavia James and Shady Baby, the former for clothing, hair care, and jewelry line, and the latter for clothing, hair care, and jewelry line. Shady Baby, on the other hand, is for a loan-out company.

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Written By

Srishti is a Potterhead and has a penchant for writing. If you happen to stumble upon her article, you’ll feel an instant sense of connecting, with insightful analysis and a knack for observing small details. Her dearest authors include Sir Arthur Conan Doyle and Oscar Wil.

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