Current:Home > StocksMagic Johnson buys a stake in the NWSL’s Washington Spirit -WealthGrow Network
Magic Johnson buys a stake in the NWSL’s Washington Spirit
View
Date:2025-04-14 15:39:40
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! (79113)
Related
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- UFC 305 results: Dricus Du Plessis vs. Israel Adesanya fight card highlights
- Simone Biles cheers husband Jonathan Owens at Bears' game. Fans point out fashion faux pas
- US official says Mideast mediators are preparing for implementation of cease-fire deal in advance
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Possible work stoppage at Canada’s two largest railroads could disrupt US supply chain next week
- Jonathan Bailey's Fate on Bridgerton Season 4 Revealed
- Ex-Rep. George Santos expected to plead guilty to multiple counts in fraud case, AP source says
- Former longtime South Carolina congressman John Spratt dies at 82
- UFC 305 results: Dricus Du Plessis vs. Israel Adesanya fight card highlights
Ranking
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- 'Incredibly rare' dead sea serpent surfaces in California waters; just 1 of 20 since 1901
- Dakota Johnson Confirms Chris Martin Relationship Status Amid Breakup Rumors
- Watch: Patrick Mahomes makes behind-the-back pass after Travis Kelce messes up route
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Sara Foster Says She’s Cutting People Out Amid Tommy Haas Breakup Rumors
- Who plays Emily, Sylvie, Gabriel and Camille in 'Emily in Paris'? See full Season 4 cast
- Indiana Jones’ iconic felt fedora fetches $630,000 at auction
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Velasquez pleads no contest to attempted murder in shooting of man charged with molesting relative
Taylor Swift's best friend since childhood gives birth to sweet baby boy
Authorities investigate death of airman based in New Mexico
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Election officials keep Green Party presidential candidate on Wisconsin ballot
How many points did Caitlin Clark score tonight? Rookie shines in return from Olympic break
Mississippi poultry plant settles with OSHA after teen’s 2023 death