Published 09/06/2024 8:47:48 a.m.

Magic Johnson buys stake at ownership group of NWSL’s Washington Spirit

Summary by basketballinsiders.com

A new partnership was announced this Thursday on CBS Mornings show, when Washington Spirit owner Michele King welcomed a new member to her table, none other than NBA Hall of Famer Magic Johnson. The majority owner has been in charge of the NWSL franchise for over two years now, when she bought the club for […] The post Magic Johnson buys stake at ownership group of NWSL’s Washington Spirit appeared first on Basketball Insiders | NBA Rumors And B…

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Inside World Football

Magic Johnson joins Michele Kang’s Washington Spirit ownership group - Inside World Football

September 6 – NBA legend turned sports entrepreneur Earvin ‘Magic’ Johnson has bought into NWSL team Washington Spirit, his second club investment in the US, already owning a stake in the MLS’s LAFC. No value was given for the stake Johnson has acquired. Team owner Michele Kang bought the club in 2022 for $35 million, then a record price in the NWSL that has since seen club values more than triple in recent sales. Read more … The post Magic Joh…

09/06/2024 8:47:48 a.m.

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