Current:Home > InvestMagic Johnson buys a stake in the NWSL’s Washington Spirit -InvestPioneer
Magic Johnson buys a stake in the NWSL’s Washington Spirit
View
Date:2025-04-14 21:11:44
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! (8351)
Related
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Unions are relieved as the Supreme Court leaves the right to strike intact
- California Passes Law Requiring Buffer Zones for New Oil and Gas Wells
- Teen Mom’s Kailyn Lowry Confirms She Privately Welcomed Baby No. 5
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- How ending affirmative action changed California
- Inside Clean Energy: Here Are The People Who Break Solar Panels to Learn How to Make Them Stronger
- Republicans Are Primed to Take on ‘Woke Capitalism’ in 2023, with Climate Disclosure Rules for Corporations in Their Sights
- The company planning a successor to Concorde makes its first supersonic test
- Two Towns in Washington Take Steps Toward Recognizing the Rights of Southern Resident Orcas
Ranking
- 'Most Whopper
- The Plastics Industry Searches for a ‘Circular’ Way to Cut Plastic Waste and Make More Plastics
- Toxic Metals Entered Soil From Pittsburgh Steel-Industry Emissions, Study Says
- Inside Clean Energy: Texas Is the Country’s Clean Energy Leader, Almost in Spite of Itself
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- You Won't Be Able to Handle Penelope Disick's Cutest Pics
- The OG of ESGs
- California Had a Watershed Climate Year, But Time Is Running Out
Recommendation
What to watch: O Jolie night
Elizabeth Holmes has started her 11-year prison sentence. Here's what to know
A New Plant in Indiana Uses a Process Called ‘Pyrolysis’ to Recycle Plastic Waste. Critics Say It’s Really Just Incineration
Taylor Swift's Star-Studded Fourth of July Party Proves She’s Having Anything But a Cruel Summer
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Candace Cameron Bure Responds After Miss Benny Alleges Homophobia on Fuller House Set
When the State Cut Their Water, These California Users Created a Collaborative Solution
RHOC Star Gina Kirschenheiter’s CaraGala Skincare Line Is One You’ll Actually Use