Athletes don’t want to just play for teams, they want to own them. 

Retired NBA star Dwyane Wade is the latest to make that clear — he bought an ownership stake in the Utah Jazz, ESPN reported on Friday. 

The three-time NBA champion joins a growing list of athlete owners. Ex-New York Yankees slugger Alex Rodriguez is working on a deal to purchase the NBA’s Minnesota Timberwolves, his former teammate Derek Jeter is a minority owner of MLB’s Miami Marlins, and tennis superstars Serena Williams and Naomi Osaka each have stakes in NWSL teams.

Former NBA stars who’ve bought ownership stakes range from Michael Jordan (Charlotte Hornets) and Shaquille O’Neal (Sacramento Kings) to Grant Hill (Atlanta Hawks). Magic Johnson sold his stake in the Los Angeles Lakers, but he still owns stakes in the Los Angeles Sparks, Los Angeles Football Club, and the Los Angeles Dodgers.

“This goes way beyond the dream I had to just play basketball in the NBA,” Wade told ESPN.

Apparently Wade had his choice of clubs: Miami Heat owner Mickey Arison tweeted that he discussed having his former star join the Heat ownership group.

Famous athletes bring sizzle and capital to ownership groups, and many of them have money to spare. Wade amassed $196.4 million just in salary during his 16-year career, per Spotrac.

The next frontier: superstars owning teams while still playing. As part of his investment in Fenway Sports Group, LeBron James owns a stake in MLB’s Boston Red Sox. Kevin Durant controls a piece of MLS club Philadelphia Union.

Dogecoin spiked as high as 500% in the past week to reach a market cap of over $50 billion, and billionaire Mark Cuban could be a part of the reason why.

The Cuban-owned Dallas Mavericks began accepting Dogecoin as payment for tickets and merchandise in March. This week, Cuban tweeted that the team’s sales in Dogecoin had increased 550% in the last month, totaling more than 122,000 Doge in merchandise. 

The “Shark Tank” star went on to say that the Mavs will “never sell one single Doge ever.” Some say his statement one-upped Elon Musk’s investment in the cryptocurrency. Musk has called himself the “CEO of Dogecoin.”

Cuban’s interest in cryptocurrency isn’t new. This week, he made an investment in CryptoSlam, an NFT data aggregator, through his venture capital enterprise Radical Investments. The Mavericks began accepting Bitcoin in 2019.

While some worry that Dogecoin’s sudden spike is the sign of a bubble, Cuban compared the cryptocurrency’s rise to the dot-com boom that made him a billionaire.

The “meme” coin has risen more than 3,000% since the start of the year. “I have no idea what it means,” Cuban told CNBC. “But I do know that supply and demand is undefeated. So it will find its level.”

Ferrari is getting into gear with the help of electric vehicles following a year of uncertainty.  

On Thursday, the Italian luxury car manufacturer confirmed that its first all-electric vehicle will debut in 2025. 

The iconic automaker previously produced two hybrid vehicles, the LaFerrari, which debuted in 2013, and the SF90 Stradale, which hit the streets in 2019. Now, Ferrari will bring EV to the racetrack. 

“In over 70 years of racing, on tracks all over the world, we led our closed-wheel cars to victory by exploring cutting-edge technological solutions,” Ferrari president John Elkann said. “Ferrari once again asserts its sporting commitment and determination to be a protagonist in the major global motorsport events.”

Ferrari generated $4.1 billion in revenue in 2020 compared to $4.5 billion in 2019, but sales could make a comeback this year. In March, new car registrations in Europe increased 63%, totaling 1.39 million vehicles registered, the highest since June 2019. Car sales in Ferrari’s homebase of Italy increased 29% for Q1 2021. 

The company is also the latest to integrate the LMDh (Le Mans Daytona hybrid) classification of sportscar racing. LMDh will be a new hypercar class with regulations that demand a clean-energy output.

Ferrari will join Acura, Toyota, Peugeot, Porsche, and Audi on the track with LMDh classified vehicles in 2023.