Dwyane Wade continues a recent trend of former NBA players buying stakes in teams. Kim Klement-USA TODAY Sports

Dwyane Wade to remain with TNT after purchasing stake in Jazz

Originally posted on Larry Brown Sports
By Steve DelVecchio | Last updated 4/18/21

Dwyane Wade announced this week that he has purchased a stake in the Utah Jazz, but the former NBA star is not giving up his career in television.

Wade will remain in his role as an analyst for TNT’s “Inside the NBA,” according to Marc Stein of the New York Times. The three-time champion will be subject to the same rules and regulations as his colleagues, Shaquille O’Neal and Grant Hill, who also own stakes in NBA teams. Shaq is a minority owner of the Sacramento Kings and Hill is part of the Atlanta Hawks’ ownership group.

As long as he remains in TV, Wade will not be able to take part in basketball operations with the Jazz, including the recruitment of free agents.

As with fellow Turner analysts Shaquille O'Neal (Kings) and Grant Hill (Hawks) in their ownership roles, Wade is subject to the same league rules that preclude him from participating in Utah's basketball operations — including the recruitment of free agents — if he stays in TV.

— Marc Stein (@TheSteinLine) April 18, 2021