![]() ![]() (Owing to a packed toddler schedule, Olympia Ohanian was unavailable for comment.) "It's a movement."Īthletes' kids are even getting involved: 4-year-old Olympia Ohanian Jr., the daughter of Williams and Reddit co-founder Alexis Ohanian, and 3-year-old Kaavia Wade, the daughter of three-time NBA champion Dwyane Wade and actress Gabrielle Union - better known as her Instagram alter ego "Shady Baby" - also have shares in Angel City, making them the youngest owners in sports. "At this point it's more than just a trend," said Olga Harvey, the chief strategy and impact officer at the Women's Sports Foundation. The founding investors of Angel City FC, the NWSL's Los Angeles club, is a who's-who of female athletic talent, with 18 former or current female athletes including Olympians Julie Foudy, Shawn Johnson East, Candace Parker, Lindsey Vonn and Serena Williams.Īfter years of imploring companies and businesses to bet on women's sports, some of the greatest to ever compete are taking their own advice. Soon-to-be retired Sue Bird, arguably the best point guard in the history of women’s basketball, announced last week that she had joined the investor group of NWSL's NJ/NY Gotham FC (Bird is a New York native). Former WNBA All-Star Swin Cash, now vice president of basketball operations and team development for the NBA's New Orleans Pelicans, chipped in last season when the WNBA raised $75 million in capital. There’s Montgomery in Atlanta and Naomi Osaka in North Carolina (Osaka, a tennis player, is part-owner of the North Carolina Courage, an NWSL team). That's starting to shift across the country as current and former female athletes invest in the next generation of women's sports, buying into teams and leagues, playing as crucial a role off the field or court as they did on it. For decades, ownership in professional sports teams usually went to someone who checked three boxes: rich, white, male. ![]()
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