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9 hours ago · That means when Golden State Warriors owner Joe Lacob last year agreed to pay a $50 million expansion fee over 10 years to launch a WNBA team, and Raptors minority owner Larry Tanenbaum this year ...
Oct 5, 2023 · Greg Nelson /Sports Illustrated via Getty Images. The Golden State Warriors have agreed to pay a record $50 million expansion fee to bring a WNBA team to the Bay Area, according to multiple people familiar with the terms. The money will be paid over the course of 10 years, according to the people, who were granted anonymity because the details ...
- Scott Soshnick
May 24, 2024 · Toronto’s WNBA expansion team represents growth of women’s sports and start of local battle. ... paid a $50 million fee. The Associated Press reported Tanenbaum will pay $115 million, ...
- Eric Koreen
Oct 5, 2023 · The Seattle Storm, an expansion team founded in 2000, were valued at $151 million earlier this year, setting a record for a U.S. women’s professional sports team. The WNBA said last month that ...
May 14, 2024 · The Valkyries ownership group will pay a $50 million expansion fee to enter the WNBA, a five-fold increase from the $10 million buy-in for the Dream.
- Sabreena Merchant
May 10, 2024 · The Golden State Warriors ownership group led by Joe Lacob and Peter Guber agreed to pay a record $50 million for the WNBA’s Bay Area expansion franchise, which begins play in 2025. CBC reported the W’s Toronto team will play at the Coca-Cola Coliseum in Toronto, home of the Marlies, which seats around 8,000 fans.
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Golden State and Toronto both paid $50 million expansion fees, with the latter committing $115 million in total, including a new practice facility and other costs. Portland’s total commitment is ...
