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07-24 10:30Views 4321
Washington Commanders linebacker and Super Bowl champion Bobby Wagner has joined the ownership group of the WNBA's Seattle Storm, becoming the first active NFL player to hold equity in a WNBA franchise.
The Seattle Storm, described as one of the league's most valuable franchises, recently sold minority shares at a $325 million valuation and opened a new $64 million training facility. Wagner joins former Storm star Sue Bird, who became part of the ownership group last year. Financial details of Wagner's investment were not disclosed.
Wagner stated his investment is "about more than basketball," emphasizing "investing in a legacy of excellence, empowering women, and continuing to elevate the game for future generations." Wagner, a 10-time Pro Bowler entering his 14th NFL season, spent his first 10 seasons with the Seattle Seahawks and holds multiple franchise records.
Wagner follows a trend of current and former professional athletes investing in sports teams, including Alex Rodriguez (Minnesota Timberwolves and Lynx), Patrick Mahomes (Kansas City Royals), and Tom Brady (Las Vegas Raiders).
Storm co-owner Lisa Brummel welcomed Wagner, calling him "a hometown hero" who shares the group's "desire to grow the game" and understands "the value and importance of investing in women’s sports." She praised his commitment to community and growing women's sports.
The news comes as the WNBA experiences significant growth, with plans to expand to 18 franchises by 2030 by adding teams in Cleveland, Philadelphia, and Detroit. Expansion fees have reportedly reached a record $250 million per team.
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