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NBA Star and Poway Resident Jimmy Butler Buys Minority Stake in San Diego Wave

Jimmy Butler joins a high-profile ownership group including Alex Morgan as San Diego Wave FC aims to set new standards in women's soccer, valued at $120 million.

  • On Monday, Jimmy Butler became a minority owner of San Diego Wave FC, the club announced, with Butler saying `Soccer has been a passion of mine for a long time, and being part of the game in a meaningful way has always been a dream`.
  • Butler said `Soccer has been a passion of mine for a long time, and being part of the game in a meaningful way has always been a dream`, citing his local ties to San Diego, California.
  • The Levine Leichtman family office completed a takeover valuing the club at $120 million, and Alex Morgan joined the ownership group months later.
  • The Wave have booked a place in the NWSL playoffs, and a win on Nov. 2 against the Kansas City Current could guarantee quarterfinal hosting rights.
  • Butler adds the investment to his growing business portfolio, which includes Bigface, a coffee lifestyle brand he co-founded, and several other sports, lifestyle and wellness investments.
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San Diego, California.- San Diego Wave FC announced that Jimmy Butler, six times All-Star of the NBA, an Olympic gold medalist and entrepreneur, has joined the group of investors of the club. “Football has been my passion for a long time, and being a significant part of this sport has always been a dream,” said Butler. “San Diego has become a very beloved city for me, and I am proud to invest in a Club that is revolutionizing horizons, building …

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San Diego Union Tribune broke the news in San Diego, United States on Monday, October 20, 2025.
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