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Heat’s Wade pressed by multiple lawsuits


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Source: Yahoo! Sports

 

MIAMI (AP)—Miami Heat guard Dwyane Wade(notes) is embroiled in a multimillion-dollar legal mess with former business partners that could prove costly for the NBA star.

 

A deal to open a restaurant chain—D. Wade’s Place—which Wade and a friend, Marcus Andrews, hoped would go nationwide barely got off the ground. And now those former business associates claim Wade walked away from a binding contract.

 

“He’s only hurting himself. It’s become something it shouldn’t have,” said Richard von Houtman, one of Wade’s ex-partners in the failed restaurant-and-memorabilia chain venture that once envisioned 40 locations. “It would have been phenomenal.”

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