Dwyane Wade Settles Lawsuits But Will Continue to Battle Baron Nemesis
Miami Heat demigod Dwyane Wade's life got a bit simpler today when he settled a series of lawsuits with former business partners. The dollar amount of the settlement to the suits, which stem from a thwarted chain of restaurants and a charter school bearing his name, is confidential.
Wade, who is also embroiled in a divorce and a free agent this summer, said in a statement:
While my first instinct was to continue to fight in Court, I realized a reasonable settlement would allow me to move forward with other priorities. I have agreed to resolve all of the cases on terms which are very favorable to me and for a sum that is substantially less than ever demanded. As I have said all along, this summer I want to focus on my kids. I hope to be able to do that now and put this chapter behind me.
Not included in the settlement: His libel suit against former business partner and self-proclaimed noble Richard von Houtman. An amicable solution to that feud-- which has been rife with name-calling and ugly accusations-- looks less than likely.
Get the ICYMI: Today's Top Stories Newsletter Our daily newsletter delivers quick clicks to keep you in the know
Catch up on the day's news and stay informed with our daily digest of the most popular news, music, food and arts stories in Miami, delivered to your inbox Monday through Friday.