Current:Home > ScamsMagic Johnson buys a stake in the NWSL’s Washington Spirit -NextFrontier Finance
Magic Johnson buys a stake in the NWSL’s Washington Spirit
View
Date:2025-04-15 16:36:30
WASHINGTON (AP) — Magic Johnson has bought an ownership stake in the National Women’s Soccer League’s Washington Spirit, the basketball great-turned entrepreneur’s latest addition to his professional sports team portfolio.
The team announced Thursday that Johnson has joined the investor group led by owner Michele Kang.
“I’m excited to join the Washington Spirit’s investor group at such a pivotal time in the club’s history,” Johnson said in a statement. “Partnering with a visionary like Michele Kang and her team to advance the growth of the Washington Spirit and the NWSL is an incredible opportunity. I’m excited to join the team and play my part to help elevate this organization.”
Johnson, whose given name is Earvin, most recently became part of the ownership group that bought the NFL’s Washington Commanders last year and also has shares in Major League Baseball’s Los Angeles Dodgers, WNBA’s Los Angeles Sparks and Major League Soccer’s Los Angeles FC.
“From the basketball court to the boardroom, Earvin knows how to win, and we are delighted to count on his expertise as part of our fantastic investor group,” said Kang, who has owned the team since 2022. ”His commitment not only reflects the strength of our club, players, fans and brand, but also sends a powerful message about the growth and impact of women’s sports globally. Together, we look forward to taking the Washington Spirit to new heights and inspiring the next generation of young women and girls worldwide.”
Johnson will be introduced at a school event Friday and is expected to be at the Spirit’s next home game Saturday at Audi Field against Portland Thorns FC.
In on-field news, the team said U.S. Olympic gold medal-winning midfielder Croix Bethune is out for the season with a knee injury. The Spirit said Bethune, who threw out the first pitch at the Nationals game on Aug. 28, tore the meniscus in one of her knees away from training.
The Washington Post reported Bethune was injured from throwing out the first pitch.
___
AP soccer: https://apnews.com/hub/soccer
veryGood! (684)
Related
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Train crews working on cleanup and track repair after collision and derailment in Pennsylvania
- Hurricane season forecast is already looking grim: Here's why hot oceans, La Niña matter
- NLRB official denies Dartmouth request to reopen basketball union case. Players to vote Tuesday
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Voiceover actor Mark Dodson, known for roles in 'Star Wars' and 'Gremlins,' dies at 64
- Here's how to negotiate a lower commission fee from your real estate agent
- Teenager dead, 4 other people wounded in shooting at Philadelphia bus stop, police say
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- DeSantis names Disney World admin to run elections in Democratic Orange County
Ranking
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Father pleads guilty to manslaughter in drowning death of son
- 'Maroon,' 3 acoustic songs added to Taylor Swift's Eras Tour film coming to Disney+
- With a million cases of dengue so far this year, Brazil is in a state of emergency
- Sonya Massey's father decries possible release of former deputy charged with her death
- Gun control advocates urge Utah governor to veto bill funding firearms training for teachers
- Rescue of truck driver dangling from bridge was a team effort, firefighter says
- Two men are dead after a small plane crash near a home in Minnesota
Recommendation
Intel's stock did something it hasn't done since 2022
Photos show humpback whale washed up on Virginia Beach: Officials to examine cause of death
Iris Apfel, fashion icon known for her eye-catching style, dies at 102
JetBlue, Spirit ending $3.8B deal to combine after court ruling blocked their merger
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
Deleted emails of late North Dakota attorney general recovered amid investigation of ex-lawmaker
The Biden Administration is Spending Its ‘Climate Smart’ Funding in the Wrong Places, According to New Analyses
“Who TF Did I Marry?” TikToker Reesa Teesa Details the Most Painful Part of Her Marriage