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WNBA's Liberty sell stake at record $450M valuation

Posted on 5/22/25 at 4:33 pm
Posted by SPEEDY
2005 Tiger Smack Poster of the Year
Member since Dec 2003
85449 posts
Posted on 5/22/25 at 4:33 pm
quote:

New York Liberty owners sold shares in the WNBA team at a record valuation of $450 million for a women's pro sports franchise, according to multiple reports Thursday.

The capital raised from the sale, which represent a percentage share in the "mid-teens," is believed to be earmarked toward construction of a practice facility in Brooklyn, per the reports.



quote:

In March, the team announced plans to build a 75,000-square-foot practice facility for the Liberty, who won their first WNBA title last season. Plans call for the facility to include two full practice courts, a strength and training room, a recovery suite and some space to tend to players' personal needs. The facility is set to have a hair and makeup studio, as well as a suite for players in lieu of lockers.



LINK
Posted by HempHead
Big Sky Country
Member since Mar 2011
56323 posts
Posted on 5/22/25 at 4:40 pm to
I guess there’s a seat for every arse, but that’s a lot of money for empty seats.
Posted by Cosmo
glassman's guest house
Member since Oct 2003
125969 posts
Posted on 5/22/25 at 4:41 pm to
What prog paid 450 mill?

Oh its “shares”
This post was edited on 5/22/25 at 4:42 pm
Posted by LSUneaux
New Orleans
Member since Mar 2014
4692 posts
Posted on 5/22/25 at 5:42 pm to
As someone who can’t stand WNBA players, I’m loving this bubble.
Posted by MMauler
Primary This RINO Traitor
Member since Jun 2013
22561 posts
Posted on 5/22/25 at 5:47 pm to
How’s it go – A fool and his money.
Posted by SeeeeK
some where
Member since Sep 2012
29272 posts
Posted on 5/22/25 at 6:00 pm to
when the golden goose of wnba gets hurt, leaves, or retires, the club will be worth a case of dildos and 11 tampons
Posted by Jack Ruby
Member since Apr 2014
25419 posts
Posted on 5/22/25 at 8:24 pm to
quote:

How’s it go – A fool and his money

.
To be fair, it's probably just another money laundering scheme for drug lords and three letters.
Posted by Lake08
Member since Jun 2023
2040 posts
Posted on 5/23/25 at 10:52 am to
I am surprised every owner isn’t doing this. I’d GTFO this league in 1 second
Posted by moneyg
Member since Jun 2006
59615 posts
Posted on 5/23/25 at 11:09 am to
quote:

valuation of $450 million


It seems insane, but the gravy train might be so big that people would be willing to get on board.
Posted by John Casey
New Orleans
Member since Nov 2016
2862 posts
Posted on 5/23/25 at 11:12 am to
quote:

The facility is set to have a hair and makeup studio


Not sure why this is bolded.

Don't a lot of men's facilities have a barbershop?
Posted by tigerbait2010
PNW
Member since May 2006
31852 posts
Posted on 5/23/25 at 11:20 am to
The wisest selling of shares I have ever seen


There is so no way the league is going to become watchable in our lifetime outside of Clark
Posted by moneyg
Member since Jun 2006
59615 posts
Posted on 5/23/25 at 12:44 pm to
quote:

when the golden goose of wnba gets hurt, leaves, or retires, the club will be worth a case of dildos and 11 tampons


It’s already not worth anything.

The value in the WNBA is in the belief that the NBA will stand behind it.
Posted by mattz1122
Member since Oct 2007
54573 posts
Posted on 5/23/25 at 12:48 pm to
Soros money
Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
38644 posts
Posted on 5/23/25 at 1:15 pm to
quote:

valuation of $450


Probably bought 1% for 4.5 million.
Posted by Diseasefreeforall
Member since Oct 2012
6762 posts
Posted on 5/23/25 at 1:23 pm to
quote:

Probably bought 1% for 4.5 million.


A percentage in the mid-teens was sold, so $58 million plus was raised.

It's no surprise, investing in sports teams is hot and the WNBA is a budget option.

Whether it's a good investment or not is another story but I'm not surprised that this kind of money is being raised.


Posted by mizzoubuckeyeiowa
Member since Nov 2015
38128 posts
Posted on 5/23/25 at 1:29 pm to
Have a certain pony-tailed player retire from the WNBA tomorrow, saying the League is full of Alphabet- mafia thugs and you have better things to do.

Then do a revaluation of this WNBA team.
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