Friday, February 28, 2025
HomeHealthDenver awarded NWSL team at record $110 million expansion fee

Denver awarded NWSL team at record $110 million expansion fee

Professional women’s soccer is coming to Denver, Colorado, beginning in 2026.
On Thursday, the National Women’s Soccer League awarded Denver the league’s 16th franchise at a record $110 million expansion fee, according to a person familiar with the deal, who spoke on the condition of anonymity to discuss nonpublic details.
The latest sale demonstrates the health of professional women’s soccer. Just 16 months ago, Boston team owners paid less than half of that fee ($53 million) for their franchise.
The Denver team ownership group will be led by IMA Financial Group chairman Rob Cohen, Ariel Investments Mellody Hobson and former Washington Commanders president Jason Wright. Other investors include Jon-Erik Borgen and Kaia Borgen Moritz, Neelima Joshi and Dhiren Jhaveri and Molly Coors.
Cohen will serve as controlling owner and governor, with Hobson as the alternate governor.

web-intern@dakdan.com

RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments

Translate »
×