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Dwyane Wade ex-wife suing for $1 Million+

July 9, 2013 By paulmbanks

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The former spouse of Miami Heat and Marquette star Dwyane Wade claims she’s owed over $1 million. Her lawsuit, filed in Cook County, IL last week, alleges that D. Wade has denied her the money she’s entitled to from his endorsement deals.

Siohvaughn Wade, not known for being the most stable sort, is suing all of the following:

Dwyane Wade, his attorney, his financial adviser and some companies that he has endorsement deals with. Dwayne Wade just won his second consecutive, and third overall NBA title with the Heat. And his situation with the ex reminds us of how Biggee’s words are timeless: “the more money you come across the more problems you see.” Siohvaughn alleges conspiracy on D. Wade’s part to deny her the money. Perhaps she’s a part of the NBA fixes games for Lebron James conspiracy crowd too.

More from the Chicago Tribune:

The suit alleges the ex-couple had a contract that required that all of the Miami Heat shooting guard’s income from endorsements and marketing contracts plus half of his July 2006 NBA contract income be deposited directly into a “mutual account.” 

Instead, the lawsuit alleges, Wade and his agents and attorneys have made an “end run” around the agreement by deciding “when and how much of those funds should be deposited into the mutually agreed upon account.”

Siohvaughn Wade complained in the lawsuit that she has been unable to pay her mortgage and insurance on her home and car.

The two were childhood sweethearts and were married in 2002. Dwyane Wade, a native of suburban Robbins who attended Richards High School in Oak Lawn, filed for divorce in 2008, according to the lawsuit.

dwyane-wade

Dwyane Wade comes from a broken home. His father was largely absent in his life. Therefore, Wade has done quite a bit to raise awareness to the obligations of fatherhood. His philanthropic efforts in this regard have been second to none. Dwyane Wade has done a phenomenal job with his charity work. In 2011, he was appointed to President Obama’s Fatherhood Task Force and this past year became a New York Times best-selling author of A Father First: How My Life Became Bigger Than Basketball.

He’s also done quite a bit in the field of paleontology; working alongside a dinosaur playing Center for Miami; winning two NBA championships with a struthiomimus complementing him in the starting five.

chris-bosh-dwyane-wade-lebron

Man, these Chris Bosh is a dinosaur jokes are getting old. Yes, they are. Cenozoic Era or perhaps Cretaceous Period Old.

Also, I wouldn’t be surprised if Siovaughn was a part of all the Miami Heat hatred on Twitter this past NBA Finals, under an assumed name of course.

Paul M. Banks is the owner of The Sports Bank.net. (“Quasi-endorsed” by Philadelphia Eagles Coach Chip Kelly) He’s also an author who contributes regularly to MSN, Fox Sports , Chicago Now, Walter Football.com and Yardbarker

Banks has appeared on the History Channel, as well as ESPN and CBS radio all over the world. The NFL, NBA expert does a weekly spot for 95.7 The Fan. President Barack Obama follows him on Twitter (@PaulMBanks), like him on Facebook

 

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