Former NBA star Magic Johnson, ex-NFL quarterback Tom Brady, and retired NBA player Dwyane Wade become WNBA team owners.

Former NBA star Magic Johnson, ex-NFL quarterback Tom Brady, and retired NBA player Dwyane Wade have become owners of WNBA teams. Their involvement follows a trend of former professional athletes investing in the league, with some seeing it as a growing and lucrative opportunity. WNBA values have increased, and the league is positioning itself for a potential TV deal and increased attention due to a strong rookie class.

June 28, 2024
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