Dwyane Wade’s ex-wife suing over endorsement deal money - Philadelphia News, Weather and Sports from WTXF FOX 29

Dwyane Wade’s ex-wife suing over endorsement deal money

Posted: Updated:
CHICAGO (Sun-Times Media Wire) -

The ex-wife of basketball star Dwyane Wade filed another lawsuit against the Chicago area native on Tuesday -- this time for proceeds from the NBA champion's endorsement deals.

Siohvaughn Funches-Wade claims the proceeds from the Miami Heat star's endorsement deals are not being fully deposited into a joint account as required in a 2008 agreement after their divorce, according to a suit filed in Cook County Circuit Court.

That agreement had previously been thrown out in domestic court during the couple's bitter custody battle, but was later restored after Funches-Wade appealed the decision, the suit claims. The agreement also requires Wade to pay half of the income from his 2006 NBA contract into the account.

The suit claims Funches-Wade has been unable to pay her mortgage or home and auto insurance because of funds withheld from Wade's endorsement deals with retailers T-Mobile, Staples, Gatorade and Li Ning, a Chinese sporting goods company.

Wade, a former Richards High School and Marquette University star, married his childhood sweetheart in 2002 but the couple split in 2007. Wade was awarded sole custody of their two young sons in 2011 after a bitter custody trial in which Funches-Wade filed several lawsuits against the NBA star, the Sun-Times reported at the time.

The two-count suit claims breach of contract and civil conspiracy. It claims a total of $2 million in damages from Wade, his attorney, a financial advisor and the four companies involved in the endorsement deals.

An attorney for Wade declined to comment on the suit Wednesday.

Follow Us!

Share Your Sports Photos & Video

Submit Your Sports Photos

Share Your Photos & Video

  • SportsMore>>

  • Blues beat Blackhawks 4-3 in OT, take 2-0 lead

    Blues beat Blackhawks 4-3 in OT, take 2-0 lead

    Saturday, April 19 2014 6:43 PM EDT2014-04-19 22:43:37 GMT
    Defenseman Barret Jackman scored on a drive through traffic, giving the St. Louis Blues their second straight 4-3 overtime victory over the Chicago Blackhawks on Saturday for a 2-0 series lead against the defending Stanley Cup champions.
    Defenseman Barret Jackman scored on a drive through traffic, giving the St. Louis Blues their second straight 4-3 overtime victory over the Chicago Blackhawks on Saturday for a 2-0 series lead against the defending Stanley Cup champions.
  • NIU, Montgomery agree to 2-year extension

    NIU, Montgomery agree to 2-year extension

    Saturday, April 19 2014 12:09 PM EDT2014-04-19 16:09:51 GMT
    Northern Illinois and coach Mark Montgomery have agreed to a two-year contract extension that runs through the 2017-18 season.
    Northern Illinois and coach Mark Montgomery have agreed to a two-year contract extension that runs through the 2017-18 season.
  • Rangers top White Sox 12-0 in Perez's 1st shutout

    Rangers top White Sox 12-0 in Perez's 1st shutout

    Saturday, April 19 2014 12:04 PM EDT2014-04-19 16:04:34 GMT
    Martin Perez pitched a three-hitter for his first career shutout, Leonys Martin drove in four runs and the Texas Rangers routed the Chicago White Sox 12-0 Friday night.
    Martin Perez pitched a three-hitter for his first career shutout, Leonys Martin drove in four runs and the Texas Rangers routed the Chicago White Sox 12-0 Friday night.
Powered by WorldNow

WTXF-TV
330 Market Street
Philadelphia, PA 19106-2796

Phone: (215) 925-2929
Fax: (215) 982-5494

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices