Current:Home > StocksMagic Johnson buys a stake in the NWSL’s Washington Spirit -Quantum Capital Pro
Magic Johnson buys a stake in the NWSL’s Washington Spirit
View
Date:2025-04-12 21:41:03
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! (13)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Global Warming Set the Stage for Los Angeles Fires
- B.A. Parker is learning the banjo
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- 2 killed, 3 injured in shooting at makeshift club in Houston
Ranking
- The Daily Money: Spending more on holiday travel?
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Stamford Road collision sends motorcyclist flying; driver arrested
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- 'We're reborn!' Gazans express joy at returning home to north
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
Recommendation
Arkansas State Police probe death of woman found after officer
This was the average Social Security benefit in 2004, and here's what it is now
A White House order claims to end 'censorship.' What does that mean?
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Woman dies after Singapore family of 3 gets into accident in Taiwan
A South Texas lawmaker’s 15
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo