Joining Forces With Dwyane Wade?s $1.22 Billion Franchise, WNBA Veteran Set to Step Into New Role

Owned by 3-time NBA champion Dwyane Wade, the 2023 Chicago Sky season has been a rollercoaster ride. It was the 18th season of the franchise in the WNBA. The Sky’s offseason saw the withdrawals of many important players like Candace Parker, Courtney Vandersloot, etc. However, the most impactful departure was of Sky’s now-former Head Coach James Wade.

Stepping down mid-season in July 2023, James took the job of assistant coach of the NBA’s Toronto Raptors. Since then, the Sky has been in search of a new coach, which has now come to an end.

Dwyane Wade bringing back the Hall of Famer

After James Wade stepped down, the team announced that Emre Vatanseyer Sky’s interim coach would not be returning after it was eliminated by the Las Vegas Aces in the first round of the 2023 Playoffs. Now, to Sky’s rescue, Teresa Weatherspoon, the NCAA Division I Champion in 1988, is heading back to the WNBA.

ESPNw, in their recent Instagram post, announced that Teresa will be the new head coach of the Chicago Sky.

The post was captioned – “Teresa Weatherspoon is finalizing a deal to become the next head coach of the Chicago Sky, a source close to the situation confirmed to ESPN on Tuesday night.”

In 1997, Teresa joined the New York Liberty in the inaugural season of the WNBA as one of its original players. She is one of the top 15 players in the WNBA history. Moreover, she was also chosen to the WNBA’s Top 20@20, celebrating WNBA’s twentieth anniversary.?Interestingly, in the WNBA 1999 Finals, she achieved one of the most memorable things in WNBA history.

In Game 2 the New York Liberty were at a shortage of 2 points against the Houston Comets. After Tina Thompson made a shot, there were only 2.4 seconds left on the game clock with exhausted timeouts. Teresa then received inbound and dribbled the ball halfway across the court and made a shot 50 feet away from the basket.

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Since 2019, Teresa has been working with the NBA New Orleans Pelicans. She was released from the team in June 2023. However, coming to the conversation, why did Dwyane Wade join the Chicago Sky ownership? Let’s find out.

D Wade’s post-retirement business explorations

Since he retired from the NBA in 2020, Dwyane Wade has been going on different business and sporting ventures like Wade Cellars, Proudly, Li-Ning, Utah Jazz, and the list goes on. Adding to this list is his latest investment in the ownership group of the WNBA franchise worth $1.22 Billion- the Chicago Sky.

The NBA Legend and Chicago native bought the minority stake in the WNBA’s Chicago Sky ownership group. This investment evaluates to $85 Million. After this investment, Wade, 3-time NBA Champion and 13-time NBA All-Star has joined another retired star athlete, Tom Brady – the 7-time Super Bowl Champion who recently acquired a minority stake in the Las Vegas Aces.

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To what heights will the Chicago Sky soar under the guidance of Teresa Weatherspoon? Tell us your thoughts in the comments.