A brand new partnership was introduced this Thursday on CBS Mornings present, when Washington Spirit proprietor Michele King welcomed a brand new member to her desk, none aside from NBA Corridor of Famer Magic Johnson. The bulk proprietor has been answerable for the NWSL franchise for over two years now, when she purchased the membership for a former league file of $35 million.
The Lakers icon can be not new to purchasing stakes within the sport world, as he’s additionally half proprietor of the MLS’ Los Angeles FC, WNBA’s Los Angeles Sparks, he managing entity of the MLB’s Los Angeles Dodgers, NFL’s Washington Commanders, and likewise a founding member of the Guggenheim Baseball Administration.
“Michele and I met in Los Angeles and we clicked. We took off. It was an important dialog. When you consider what occurred with the Olympics and the ladies’s soccer group dominated on the sphere, so the recognition of the sport is exploding right here in America.
.@MagicJohnson is becoming a member of the possession group of @WashSpirit.
Johnson and Michele Kang, the Spirit’s majority proprietor, inform CBS Mornings about championing ladies’s sports activities: “I need to be sure that this sport, ladies’s soccer, can develop.” pic.twitter.com/hzP8VRlkKs
— CBS Mornings (@CBSMornings) September 5, 2024
“We knew worldwide it’s already a giant deal and now it’s exploding right here and so when she allowed me to be her accomplice,” Johnson mentioned yesterday morning on the tv present.
Based on the NBA icon, he and Kang aligned principally via sharing the identical imaginative and prescient and beliefs for the membership, but in addition on the place they at the moment discover themselves in their very own journeys of making enterprise within the sporting business.
“I like to be within the possession as a result of it’s essential that they see minorities in an possession place, however the principle factor, too, is I really like serving to the athletes transition from their sport to hopefully enterprise or no matter they need to do after their time being an athlete,” he assured. “Michele cares about the identical factor and so we’re going to assist these ladies not solely on the sphere. We need to win championships … [but] right here we’re going to assist them after their profession as properly.”
The newest transfer by Kang in ladies’s soccer comes simply six weeks after the official launch of Kynisca Sports activities Worldwide Ltd, the primary multi-team world group devoted to ladies’s soccer.
Warriors icon Stephen Curry lately opened about the potential for proudly owning an NBA group sooner or later, and admitted that it’s “undoubtedly on the desk”
4-time champion Stephen Curry is already pondering on retirement, and serious about what lies forward of his basketball profession. The Golden State star, who’s a 10-time All-Star, spoke to CNBC’s Squawk on the Avenue on Tuesday and defined his numerous companies and aims for the longer term.
The 36-year-old admitted he’s eager about NBA group possession in the future. “For me, that’s undoubtedly on the desk,” Steph shared. “I believe I might do a fairly good job of serving to maintain how nice the the NBA is true now and what it takes to run a championship group.”
“For me, that’s undoubtedly on the desk,” mentioned the participant who simply inked a a one-year, $62.6 million contract extension that retains him enjoying till he’s 39 in 2027. “I believe I might do a fairly good job of serving to maintain how nice the the NBA is true now and what it takes to run a championship group.”
Curry additionally owns media firm Unanimous Media, and a youth golf tour, Underrated, and different ventures which use sports activities and artwork to develop communities and younger minds. “I do know I’ve much more to perform on the courtroom earlier than I transfer into different roles within the league,” he mentioned.
