Dwyane Wade is expected to join the Sky’s ownership group, ESPN’s Alexa Philippou reports. The transaction still needs to be approved by the WNBA board of governors.
In June, the Chicago franchise sold 10% of the team to a group of eight investors, including Cubs co-owner Laura Ricketts, for $85 million. Wade’s percentage stake in the team is not yet known.
“We all talk about support, and support looks different for everyone,” Wade told Philippou. “And so instead of tweeting out and saying ‘go support the W,’ instead of showing up at the game and supporting, I wanted to take it to that next level, and this was the next level for me.”
