Dwyane Wade Buys Ownership Stake In Chicago Sky

Dwyane Wade has joined the ownership group of the Chicago Sky of the WNBA.

"We all talk about support, and support looks different for everyone," Wade, who will be inducted into the Naismith Basketball Hall of Fame next month, told ESPN. "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.

"It's a great opportunity to be a part of the league in its very early stages. ... Growth is going to happen, and so I want to be a part of the growth of this league."

The Sky sold an approximate 10% stake of the team (at an $85 million valuation) last month to a group including Chicago Cubs co-owner Laura Ricketts.