Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

Source: Ex-Bucks owner nearing NC Courage deal

Written by 
Published in Soccer
Thursday, 19 September 2024 16:46

Former Milwaukee Bucks owner Marc Lasry is close to a deal to buy a controlling stake in the National Women's Soccer League's North Carolina Courage, a source confirmed to ESPN.

Sportico reported that the deal would value the Courage at $108 million.

If the transaction goes through, Lasry would become the principal owner of the Courage, taking over the role from Steve Malik, who bought the franchise rights from the Western New York Flash in January 2017 and relocated the team to Cary, North Carolina.

Lasry is the chairman of Avenue Capital Group, whose athlete team of advisors includes former NWSL MVP, United States international and World Cup winner Lauren Holiday. Lasry, who sold his stake in the Bucks last year, has been vocal about his desire to invest in women's sports and previously pursued investing in Angel City FC.

Courage owner Malik and a team spokesperson, could not be reached for comment.

North Carolina is the only franchise in the 14-team NWSL that has not introduced new controlling ownership or a new team governor in the past four years. The league has grown from 10 teams in 2021 and is expected to add two more in 2026.

NWSL team valuations have soared from $3.5 million in early 2020 (Seattle Reign FC) to multiple records this year. The San Diego Wave are in the middle of a two-part sale process valued between $113 million and $120 million, which was a new record in the spring.

Angel City FC set a record in a deal that closed earlier this month. Willow Bay, dean of the USC Annenberg School for Communication and Journalism, and Disney CEO Bob Iger bought the LA-based club for a valuation of $250 million. (The Walt Disney Company is the majority owner of ESPN.)

The Courage have been highly successful on the field, winning NWSL Championships in 2018 and 2019, the NWSL Shield in 2017, 2018 and 2019 and the NWSL Challenge Cup in 2022 and 2023. The Western New York Flash also won the 2016 NWSL Championship a few months before the franchise's relocation.

Off the field, however, the Courage have struggled in Cary, which is a suburb of Raleigh, North Carolina.

The Courage averaged about 5,400 fans in 2023, which ranked second to last in the NWSL. The team plays at WakeMed Soccer Park, a 10,000-seat venue that opened in 2002 and is publicly owned.

Malik had led efforts to get a soccer stadium built in the southern part of downtown Raleigh, but those plans have been on pause for years.

Sports development in Raleigh has continued, however, with the NHL's Carolina Hurricanes announcing last week a $1 billion mixed-use development around their current arena, which sits next to NC State's football stadium. The arena is only three miles from WakeMed Soccer Park.

Read 79 times

Soccer

Atléti mark Simeone's 700th game with late win

Atléti mark Simeone's 700th game with late win

Diego Simeone's 700th game in charge of Atlético Madrid ended in a late 2-1 win over Deportivo Alave...

Sources: Olof Mellberg to become St.Louis boss

Sources: Olof Mellberg to become St.Louis boss

EmailPrintOpen Extended ReactionsFormer Aston Villa and Sweden defender Olof Mellberg has signed a m...

Arteta backs Saka amid Kane drop-outs comment

Arteta backs Saka amid Kane drop-outs comment

EmailPrintOpen Extended ReactionsMikel Arteta has hit back at anyone questioning Bukayo Saka's commi...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

NBA follows NFL in warning players on burglaries

NBA follows NFL in warning players on burglaries

EmailPrintThe NBA is urging its players to take additional precautions to secure their homes followi...

Sources: Zion (hamstring) not close to returning

Sources: Zion (hamstring) not close to returning

EmailPrintNew Orleans Pelicans star Zion Williamson has undergone multiple treatments on his left ha...

Baseball

Hays, Finnegan, Rodgers among new free agents

Hays, Finnegan, Rodgers among new free agents

EmailPrintOpen Extended ReactionsNEW YORK -- Outfielder Austin Hays and right-hander Kyle Finnegan -...

Judge giving Soto space amid free agency frenzy

Judge giving Soto space amid free agency frenzy

EmailPrintOpen Extended ReactionsNEW YORK -- Aaron Judge is one of the few people on Earth who can r...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated