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As of 2015, there were 37 players performing in the Major Leagues who were in the Astros’ organization at the time of Wade's dismissal in 2011.  

In his four years as the Astros GM, Wade again went through another rebuild, along with the sale of the team following the 2011 season by longtime owner Drayton McLane to Jim Crane.  The sale of the team was approved by Major League owners on November 26, 2011 and Wade was dismissed two days later. 

Early in the 2011 season, Wade promoted future A.L. MVP second baseman José Altuve directly from Class AA Corpus Christi to the Major Leagues.  Among the numerous Major League players drafted by the Astros on Wade's watch were future 2017 Cy Young Award-winning pitcher Dallas Keuchel and future 2017 World Series MVP outfielder George Springer.  Altuve, Keuchel and Springer were three key players in the franchise's first World Series Championship in 2017.

Wade returned to the Phillies in December 2011 as a special consultant and professional scout.  He remained with the team until the end of the 2017 season.

During Wade's tenure with the Phillies, the team went through a major rebuild, including drafting and signing Brett Myers, Pat Burrell, future National League MVP Ryan Howard, Chase Utley, 2008 World Series MVP Cole Hamels and Ryan Madson; Wade also promoted future N.L. MVP shortstop Jimmy Rollins to the major leagues.  The team also made an impactful international move when it signed Venezuelan catcher Carlos Ruiz.  Wade also selected outfielder Shane Victorino from the Los Angeles Dodgers in the 2004 Rule V Draft; Victorino would go on to star on World Series championship clubs in Philadelphia and Boston.

Three years after being fired, the core players drafted and developed during Wade's tenure brought Philadelphia its first World Series championship in 28 years.  Gillick, Wade's successor, referred to the 2008 champs as “Ed Wade’s team” during the post-victory celebration.

Following two seasons of pro scouting for the San Diego Padres, Wade was named the General Manager of the Houston Astros on September 20, 2007.

After missing the 2005 playoffs by a one-game margin, Wade was dismissed and replaced by future Hall of Fame executive Pat Gillick. In Wade's eight seasons as VP/GM, the Phillies compiled a record of 643-652 (.497). However, in his final five seasons, the team went 426-383 (.527), the sixth-best record in the National League in that span. 

Prior to the 2004 season, Wade hired manager Charlie Manuel, who led the Phillies to a World Series Championship in 2008, their first world championship in 28 years.

As revenues improved with the move from Veterans Stadium to Citizens Bank Park in 2003, Wade also signed future Hall of Fame first baseman Jim Thome and added other veterans such as David Bell, Billy Wagner, Kevin Millwood, Jon Lieber, Eric Milton and Kenny Lofton.

At the Major League Expansion Draft in November 1997, Wade played a major role in the acquisition of future All Star outfielder Bobby Abreu; Abreu had been left unprotected by the Houston Astros in the Draft and was selected by the expansion Tampa Bay Devil Rays, who then traded Abreu to the Phillies for shortstop Kevin Stocker.

Wade was named as the Phillies interim General Manager in December 1997 and was promoted to the position of Vice President and General Manager in the spring of 1998.

Wade worked for the company until May 5, 1989, when he rejoined the Phillies as assistant to the general manager. In 1995, he was promoted to assistant general manager.

In 1986, Wade returned to Houston to work as an associate for Tal Smith Enterprises, a firm which has provided consulting services to 26 of the 30 MLB clubs, with the most recognized functions being in preparation of arbitration cases, the financial appraisal of a franchise, contract negotiations and other baseball-related matters.

In May 1981, Wade left Houston to become the public relations director for the Pittsburgh Pirates, and remained with that club for five seasons.

After graduating from Temple University in 1977, Wade started his baseball career as an intern in the Philadelphia Phillies’ public relations department.

In October 1977, Wade was named public relations assistant for the Houston Astros and was promoted to public relations director in 1979.

Ed Wade (born January 31, 1956) is an American former professional baseball executive, who served as General Manager of the Houston Astros and (previously) the Philadelphia Phillies of Major League Baseball (MLB).