Career
A 5-foot-11-inch (18 m) and 160-pound (726 kg) point guard, Wade played college basketball at the University of Nevada, Las Vegas where in 1986-1987 he set the National Collegiate Athletic Association record for assists in a season, with 406 (in 38 games). He spent the 1987-1988 National Basketball Association season with the Golden State Warriors, and played one game for the Dallas Mavericks in 1989-1990. In 2002, Wade was named assistant coach for the Saint Bonaventure Bonnies men"s basketball team
Previously, he had served as an assistant coach with Long Island University-Southampton, Florida Atlantic University, and Cheyenne High School, and was a player-assistant coach with the International Basketball League"s Las Vegas Silver Bandits.
On July 12, 2007, an arrest warrant was issued by the Riverside County Superior Court, alleging Wade violated California Penal Code section 503, embezzlement over $400. Wade was hired as an assistant coach at the University of California, Riverside in April 2005.
He was fired on January 5, 2007. Wade has been charged with embezzling more than $15,000, some of which he was supposed to use to cover team expenses while the squad was playing road games during the 2006 Christmas break, even though Wade did not accompany the team on that trip.
Furthermore, Wade maintained a past due balance of $3,868.40 on his UCR corporate bank card that the university said it ended up writing off as a loss.
In March 2008, Wade pled guilty to embezzlement. He was sentenced on May 14, 2008. He was placed on three years" probation and handed a 150-day jail sentence.
He started serving the time on a work-release program in August, 2008.