Traditional ... or edgy? 

Safe ... or risky? 

White shirt, black tie ... or crazy red stripe and a white tie?!

That was the fashion dichotomy between Derek Jeter and Dwyane Wade in NYC Monday night ... with one star pushing the envelope and the other one ... well, not. 

Question is ... who looked better?

BTW -- same situation with Aaron Rodgers and Odell Beckham ... with the QB going the Jeter route ... and OB rockin' a crushed velvet purple jacket! 

Prince would be proud.