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D-Wade's Biz Boys Want Baller Money

8/14/2008 10:15 AM PDT BY TMZ STAFF

Olympian b-baller Dwyane Wade rode pine when he should've been out pimping his restaurant chain, and now his biz partners want serious jack -- we're talkin' $25 mil -- from Wade because of it.

A couple of guys who say they sunk millions into developing the D. Wade's Place restaurant concept have sued the hoopster for ditching what they claim were his marketing obligations. They also say Wade blew more than $350K on etching his uni number into the rims of his Rolls, and $30K for his 26th b-day bash.

Mark Rodberg and Richard von Houtman tell the Palm Beach Post they were supposed to have 13 restaurants by now -- but they only opened two, both of which are now closed.

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8 COMMENTS

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1.

bulldogi    

these people must understand how uneducated that these ballers are. they talk a lot but when it all comes down they revert back to history, dumb and untrustworthy. They can't count money, don't know about investments. all about show. they retire and just pay child support to 6 different mommas.

2200 days ago
2.

Hmm    

Unfortunately #1- thats exactly how it goes. its not a stererotype. A lot of guys have been thru this, $350k for rims on a rolls you know the baby mommas gonna take when she takes his sorry butt to court. Ugh Its so sad. And DUDE! Greed is a sin!!!!!!

2200 days ago
3.

Cheese925    

Bulldog...there's a big difference between ball players and rodeo clowns. Sounds like you might need some counseling.

2200 days ago
4.

hoochie mama    

BULLDOG....WOW!!! WHAT A PUNK !!
BUT YOU DO HAVE A POINT, AND IT JUST ISN'T ABOUT B-BALLERS, OR ATHLETES..PEOPLE LIKE PARIS HILTON, WHO PUT THEIR NAME ON A CLUB OR PROMOTE A CLUB AND DON'T SHOW UP. THESE BUSINESS DO PUT ALOT OF THEIR MONEY IN THEIR PROJECTS. MONEY THAT D-WADE/P.HILTON USE FOR CHUMP CHANGE. IF WADE DOESN'T SHOW FOR PROMO'ING HIS RESTAURANT, IT COULD BE DEVASTATING WHEN PEOPLE SHOW UP TO SEE HIM, AND HE NO-SHOWS. OR IS HOURS LATE (LIKE HILTON). THIS PISSES PEOPLE OFF AND THEY DONT COME BACK.

2200 days ago
5.

Cheese925    

I agree with you 100% Hoochie. But Bulldog added all the education (or lack there of) and Baby Momma stuff which has nothing to do with this. Just straight hating. But to Wades defense...he's on the Olympic Team and they have to practice and play games and all that. Sounds like the timing of the restaurant opening and promotions should have been scheduled around that.

2200 days ago
6.

hoochie mama    

If Wade is putting in alot of money, in this, He should be showing up, It's not like the HEAT made the playoffs, this year.
There was a window for him to "appear" a couple times at HIS restaurant. His bidness manager needs to make sure the moons are lined up and make 'plans' for appearances. If the investers are smart (and it looks like they had their ducks in a row), they had to make sure the Wade, who is the ATTRACTION, would be there, when it opened, even if the opening had to be postponed. It sounds like Wade is in the wrong, until we hear ALL THE FACTS. if i'm famous and i'm investing in MY restaurant, then I make sure i'm there. Does Diddy or Jay-Z show up to their 'openings'....probably. And their schedules aren't any different...

Just my opinion....

2200 days ago
7.

Tony    

Just one more empty suit with a big mouth. Hope he gets taken to the cleaners...along with that cheap suit!

2200 days ago
8.

Cheese925    

Its probably not even Wades place. He's probably "licensing" his name out there for a commission of a certain percentage. Just another way of someone else making money off of your name while you don't have to be involved in the day to day operations of the place. Same thing with Jordan's restaurants.

2200 days ago

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