Miami Heat shooting guard, and well-known member of the NBA’s vino club, Dwayne Wade has had a storied career over the course of his 16 seasons playing professional basketball. He’s played for three different teams along the way, the Miami Heat, the Chicago Bulls and finally the Cleveland Cavaliers. He’s spent most of his time with the Heat, helping them win three NBA championships. A 12-time NBA all-star, he’s been named to the All-Star Game 12 times and even won the All-Star Game MVP in 2010.
With that, let’s take a look at Wade’s career, beginning with his net worth.
Dwyane Wade Net Worth: $95-115 Million
Wade’s net worth is said to be between an estimated $95-$115 million. His earnings come primarily from his NBA contracts, but he also earns a sizable amount from his endorsements and investments as well. Let’s see how he rose to that amount!
Wade was born on the south side of Chicago, Illinois 1982. He described his childhood as being very difficult due to the environment in which his family lived. The South Side of Chicago is a notoriously crime-riddled neighborhood, and Wade has attested that from a very young age he had seen numerous police raids and shootings. His mother and father separated when he was very young, and he lived with his mother for a time. His mother was addicted to numerous drugs, and Wade has said that he remembered the police raiding his house to arrest his mother for dealing drugs. Wade then went on to live with his father, who moved the family to nearby Robbins, Illinois.
Wade attended Harold L. Richards High School in Oak Lawn, Illinois. While there, he excelled with the football team at first before eventually coming into his own and leading the basketball team to an impressive 24-5 record his senior year. Due to his struggles academically, Wade was recruited by only three schools: DePaul University, Marquette and Illinois State. He decided to play his college ball at Marquette, accepting their scholarship offer.
While at Marquette, Wade proved himself to be a bonafide stud. Throughout his college career, Wade averaged 19.9 points per game and 6.5 rebounds per game. In the 2003 NCAA tournament, Wade shined. Helping lead Marquette to an upset victory over the heavily favored Kentucky Wildcats, Wade scored a triple-double, only the fourth player to do so in the tournament. His performance throughout the tournament caught the eye of NBA scouts, sending his draft stock skyrocketing.
Following the 2002-2003 season, Wade decided to leave Marquette early and enter the NBA draft where he was selected fifth overall by the Miami Heat.
Miami Heat 2003-2008
Throughout the first few years of his career, Wade excelled and proved himself to be one of the best young players in the league. The Heat would make the playoffs through his first three seasons and saw himself get selected for the All-Star Game twice. In the 2005-2006 season, the Heat advanced to and won the NBA finals, defeating the Dallas Mavericks in six games. Wade’s play was so impressive throughout this series that he was made NBA Finals MVP.
Wade struggled with injuries during the 2006-2008 stretch for the Heat, and it had a severe effect on the Heat’s on the court effectiveness. The Heat would struggle and even possessed the worst record in the league during the 2007-2008 season.
After a successful Gold medal run at the 2008 Olympics, Wade would return to his old form with the Heat in the 2008-2009 season. He would be selected to the All-Star Game once more, a trend he continued during the 2009-2010 season and help lead to the Heat to the playoffs both years.
Wade and the Heat would experience unprecedented success when Lebron James and Chris Bosh both announced that they would be coming to the Miami Heat, forming what became known as the “Big Three.” Throughout this stretch from 2010-2014, the Heat would reach the NBA finals all four seasons and win two of them in back-to-back years.
Wade re-signed with the Heat in 2014, and the team went through some struggles. They missed the playoffs in the 2014-2016 season, and although they would advance to the postseason in the 2015-2016 season, they would be eliminated in the Eastern Conference semi-finals.
Following the 2015-2016 season, Wade opted to leave Miami and returned to his hometown of Chicago, signing with the Bulls. He had varying success while there, but also suffered an injury that would keep him sidelined for the latter portion of the season. The Bulls would make the playoffs but would be eliminated in the first round. Wade accepted a buy-out from the Bulls at the end of the season and promptly rejoined his former teammate Lebron James by signing with the Cleveland Cavaliers.
He wasn’t there for very long, playing with the team until the 2018 trade deadline. The Cavaliers conducted a massive overhaul of their roster, which included Wade. He was traded back to his former team, the Miami Heat, where he currently plays.