The New York Liberty have achieved a groundbreaking milestone by selling a minority stake in the franchise at a valuation of $450 million, marking the highest ever for a women’s professional sports team. This significant development underscores the escalating value and investment interest in women’s sports.
Historic Investment Reflects Growing Market Confidence
The sale involved a “mid-teens” percentage of the franchise, though specific details regarding the investors and exact share percentage remain undisclosed. The transaction is pending approval from the WNBA’s Board of Governors.
This valuation surpasses previous records in women’s sports, including the $326 million valuation of Chelsea Women’s Football Club following Alexis Ohanian’s $26.5 million investment for an 8% stake, and the $250 million valuation of Angel City FC after selling a controlling interest.
Investment to Fund State-of-the-Art Practice Facility
Proceeds from the stake sale are earmarked for the construction of a 75,000-square-foot practice facility in Brooklyn, set to open in 2027. The facility will feature two regulation-sized practice courts, a strength and training room, a recovery suite, individualized player suites replacing traditional lockers, and a dedicated hair and makeup studio.
This initiative aligns with the Liberty’s commitment to providing top-tier resources for their athletes, further solidifying their position as a leading franchise in women’s sports.
Liberty’s Ascent in the WNBA
The Liberty’s valuation has more than doubled from approximately $200 million in 2024, reflecting their on-court success and strategic investments. The team secured their first WNBA championship last season, contributing to increased fan engagement and revenue growth.
Owners Clara Wu Tsai and Joe Tsai, who also own the Brooklyn Nets, have been instrumental in the Liberty’s resurgence. Their vision includes elevating the franchise’s value to $1 billion within the next decade, a goal that appears increasingly attainable given current trajectories.
Broader Implications for Women’s Sports
The Liberty’s record valuation signifies a broader trend of rising investment and interest in women’s sports. It sets a new benchmark, encouraging further capital infusion and development across women’s professional leagues
As the WNBA continues to expand its footprint, the Liberty’s success story serves as a testament to the league’s potential and the growing market confidence in women’s sports franchises.
This landmark deal not only elevates the Liberty’s status but also paves the way for enhanced visibility, resources, and opportunities within the realm of women’s professional athletics.
