Current:Home > InvestMagic Johnson buys a stake in the NWSL’s Washington Spirit -Wealth Evolution Experts
Magic Johnson buys a stake in the NWSL’s Washington Spirit
Algosensey View
Date:2025-04-06 20:34:26
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! (2)
Related
- Global Warming Set the Stage for Los Angeles Fires
- Eileen Gu chooses ‘All of the Above’ when faced with choices involving skiing, Stanford and style
- Zebras, camels and flames, oh my! Circus animals rescued after truck catches fire on Indiana highway
- Gunmen kill 9 people in Iran near border with Pakistan
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Most Americans feel they pay too much in taxes, AP-NORC poll finds
- Alaska Airlines has begun flying Boeing Max 9 jetliners again for the first time Friday
- Hiker dies of suspected heart attack in Utah’s Zion National Park, authorities say
- Sam Taylor
- Will other states replicate Alabama’s nitrogen execution?
Ranking
- North Carolina justices rule for restaurants in COVID
- Walmart's TV Deals Up To 47% Off Are Worth Shopping On The Big Screen
- A snowboarder spent 15 hours trapped in a ski gondola. She rubbed her hands and feet to keep warm
- Fake George Carlin comedy special purportedly made with AI prompts lawsuit from his estate
- What to watch: O Jolie night
- NFL hires 4 coaches of color in one cycle for first time ever. And 'it's a big deal'
- Maine man dies after rescuing 4-year-old son when both fall through ice at pond
- Tuvalu’s prime minister reportedly loses his seat in crucial elections on the Pacific island nation
Recommendation
The White House is cracking down on overdraft fees
Nitrogen hypoxia execution was sold as 'humane' but witnesses said Kenneth Smith was gasping for air
'Come and Get It': This fictional account of college has plenty of truth baked in
Hold on to Your Bows! The Disney x Kate Spade Minnie Mouse Collection Is on Sale for up to 60% Off
$73.5M beach replenishment project starts in January at Jersey Shore
South Korea says North Korea fired several cruise missiles, adding to provocative weapons tests
Coronavirus FAQ: How long does my post-COVID protection last? When is it booster time?
Crash involving multiple vehicles and injuries snarls traffic on Chesapeake Bay bridge in Maryland