The Utah Jazz were not expected to be this good this season.
Even though they narrowly missed the playoffs, the Jazz played an exciting brand of basketball.
One of the most exciting players to get paid this year was forward Lauri Markkanen.
He made the All-Star team for the first time in his career, and he had many highlight plays.
The Jazz has grown in popularity and value over the past two seasons.
Part of the reason for this is that Dwyane Wade took over as a part owner.
According to Boardroom, the Jazz’s value has increased 28.5% over the past two years.
On this day in 2021, Dwyane Wade bought an ownership stake in the Utah Jazz.
He said, “If people are doubting how far you can go, go so far that you can’t hear them! The second act has been activated.”
The team’s value has increased by 28.5% from $1.75b to $2.25b in just two years. pic.twitter.com/RN8IRdps8g
– Boardroom (@boardroom) April 16, 2023
Wade is a very good businessman and this is another example of that.
If the Jazz keep getting better year after year, then their value will increase further.
Markkanen appears to be a player they can build around, but the Jazz are still a few impact players away from being a threat.
Wade may have had some influence in bringing some players to Utah, as many young players in the NBA look up to him.
It is also an advantage that the Jazz are the only professional team in Utah.
Everyone in Utah wants to see the Jazz play, and they can attract tons of fans to their games.
It will be interesting to see how valuable Wade can be to this franchise.
But so far he has made a very good start.
next:
Fans react to Utah Jazz being eliminated from the playoffs