Magic Johnson’s passion for basketball inspired him to rescue the Los Angeles Sparks from closure, putting him at the forefront of a growing trend in the WNBA.
Ten years after becoming the majority owner, the team’s value has risen, and other former professional athletes are investing in the league. With a forthcoming TV deal and increased attention on rookie players like Caitlin Clark and Angel Reese, the WNBA is proving to be a promising long-term investment.
“It wasn’t like this before,” Johnson mentioned in an interview with The Associated Press. “Initially, it was about our love for the game and women’s basketball, but now it has become a great investment that will only get better.”
Recent years have seen an increased interest from others. Dwyane Wade, Tom Brady, and Alex Rodriguez are among the former athletes who have invested in WNBA teams.
WNBA Commissioner Cathy Engelbert is pleased with the growing support from professional athletes and the positive impact it has on the league.
