2025-05-23 / Boardroom

NEWS: The New York Liberty have sold a minority stake at a $450M valuation—the highest ever for a women’s sports team. That’s more than 30x what Alibaba co-founder Joe Tsai & Clara Wu Tsai paid for the team in 2019. The deal is expected to cover 10%-20% of the club, though exact terms haven’t been disclosed. The Tsais also own the Brooklyn Nets and Barclays Center through BSE Global.⁠ ⁠ WNBA team values are rising fast, and the Liberty are leading the way. They were valued at $130 million just last year. Since then, the league has signed a media rights deal worth six times the previous one, and expansion interest has taken off. The Liberty won their first WNBA title in 2024 and are building an $80 million practice facility in Brooklyn, set to open in 2027.⁠

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