Current:Home > StocksMagic Johnson buys a stake in the NWSL’s Washington Spirit -Excel Money Vision
Magic Johnson buys a stake in the NWSL’s Washington Spirit
View
Date:2025-04-14 08:03:44
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! (522)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- The TVA’s Slower Pace Toward Renewable Energy Weakens Nashville’s Future
- Get to Net-Zero by Mid-Century? Even Some Global Oil and Gas Giants Think it Can Be Done
- Temple University cuts tuition and health benefits for striking graduate students
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Reporter's dismissal exposes political pressures on West Virginia Public Broadcasting
- A deal's a deal...unless it's a 'yo-yo' car sale
- More than 300,000 bottles of Starbucks bottled Frappuccinos have been recalled
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Race, Poverty, Farming and a Natural Gas Pipeline Converge In a Rural Illinois Township
Ranking
- The White House is cracking down on overdraft fees
- Gabby Douglas, 3-time Olympic gold medalist, announces gymnastics comeback: Let's do this
- Soccer Star Neymar Pens Public Apology to Pregnant Girlfriend Bruna Biancardi for His “Mistakes
- Q&A: Gov. Jay Inslee’s Thoughts on Countering Climate Change in the State of Washington and Beyond
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- California’s Relentless Droughts Strain Farming Towns
- Inside Clean Energy: Four Charts Tell the Story of the Post-Covid Energy Transition
- Titanic Submersible Disappearance: Debris Found in Search Area
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Sarah Jessica Parker Teases Carrie & Aidan’s “Rich Relationship” in And Just Like That Season 2
Google shares drop $100 billion after its new AI chatbot makes a mistake
The IRS now says most state relief checks last year are not subject to federal taxes
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
ESPYS 2023: See the Complete List of Nominees
Tina Turner's Son Ike Jr. Arrested on Charges of Crack Cocaine Possession
Senators talk about upping online safety for kids. This year they could do something