Dwayne Wade’s net worth is $170 million. The retired basketballer was one of the most illustrious players of the Miami Heat. The bulk of his worth comes from his salary during his active years as a player. He also earned money from endorsements and shoe contracts at the peak of his playing years.
He may be retired, but Dwayne still has active income sources that have kept his net worth well within the range of what it was at the time of his retirement from the NBA. He is well invested in real estate, amongst other Businesses.
Dwayne Wade’s Sources of Income
- NBA Contracts and Salary
- Shoe Contract
- Real Estate
- Bow Tie Company ‘The Tie Bar’
- Sock Line
Dwyane Wade’s NBA Career
As per his career, Dwyane Wade began playing basketball and football for Harold L. Richards High School in the Chicago suburb of Oak Lawn. Though he excelled as a wide receiver, he had to go the extra mile to earn his place on the playing roster, more often. Then a second-year student, Wade couldn’t make it that far due to his stepbrother’s influence as the star of the basketball team.
Nevertheless, with more hard work and dedication, Wade spent the better part of his late junior year and senior years as the flagship player of the Bulldogs. Despite his impressive high school records, Wade was only sought after by a few colleges such as Marquette, Illinois State, and DePaul. This was due to his poor performance academically.
With eyes set on Marquette University in Milwaukee, Wisconsin, Wade was set to take the court by surprise. But his academic standing made him ineligible to play on the school’s team for the whole of his freshman year. Not one to chicken out, Wade intensified efforts on his academics, took extra lessons to perfect his writing and eventually improved his academic standing enough to join the Marquette University basketball team at the beginning of his sophomore year.
After obtaining the clearance to play in the 2001–02 season, Dwyane Wade’s performance helped the Golden Eagles hit an average score of 17.8 points per game (ppg). The team ended the season with a 26–7 record, making it their best record since the 1993–94 season. The following season was a lot more fruitful for the Eagles.
Wade helped the school hit an average score of 21.5 ppg, winning their first and only Conference USA championship with a 27–6 record. Wade’s efforts also saw the Golden Eagles return to the Final Four. It would be the first time since 1977. Consequently, Wade was named to the All-America First Team by the Associated Press. He became the first Marquette basketball player since 1978 to receive the recognition.
Fresh from college, Wade began his NBA career in 2003 when he got selected 5th overall in the 2003 NBA draft by the Miami Heat. He was one of only four to be picked from Marquette University during the first round of an NBA draft.
In the sixteen years that followed, Dwyane Wade has played for other teams such as the Chicago Bulls, Cleveland Cavaliers, and ultimately, the 2004 U.S. national team alongside fellow NBA All-Stars such as LeBron James and Carmelo Anthony. He was also on the team that played in the 2006 FIBA World Championship in Japan.
Dwyane Wade’s Awards
His career has been characterized by numerous awards and recognition, including, three-time NBA champion (for 2006, 2012, and 2013), NBA Finals MVP (2006), Thirteen times NBA All-Star (for 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016 and 2019), Gold medal with Team USA (in the 2008 Summer Olympic Games), among several others.
Put together, this recognition has upped his profile and earning potential in no small way, yielding him millions of dollars in endorsements deals, brand ambassadorship, and the like. Let’s see just how much is Dwyane Wade’s net worth.
What Is Dwyane Wade’s Net Worth?
Dwyane Wade’s net worth is $170 million, a huge jump from the Forbes previous estimate of $31.8 million. Much of Dwyane Wade’s net worth has come from his basketball career, coupled with endorsement deals and brand ambassadorship with companies such as Li-Ning. He also runs other trains of businesses, including a clothing line. Though we’re not sure how much he earns yearly, the NBA star has certainly retired in bliss.