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Year in Review: Joining the ownership ranks

Alex Rodriguez joined the ownership of the Minnesota Timberwolves and Lynx as a limited partner in July. He and Marc Lore paid a reported $1.5 billion for the teams and will take control in 2023.getty images

Current and former professional athletes continue to invest in team ownership, most as minority owners in teams outside their own sports.

January

Naomi Osaka buys a minority interest in NWSL North Carolina Courage.

February

Former WNBA star Renee Montgomery is part of an ownership group that buys the Atlanta Dream.

May

Washington Capitals star Alex Ovechkin invests in the Washington Spirit.

June

Wayne Gretzky, golfer Dustin Johnson, NBA Hall of Famer and current Brooklyn Nets head coach Steve Nash and Nets owner Joe Tsai lead an ownership group for Las Vegas Lacrosse, an expansion team of the NLL that is scheduled to begin play next year.

July

The NBA board of governors approve Marc Lore and Alex Rodriguez as limited partners with the Minnesota Timberwolves and Lynx as part of an anticipated succession plan that includes a 2½-year pathway to full control.

NASCAR’s 2012 Sprint Cup champion Brad Keselowski will become a part-owner at Roush Fenway Racing after the 2021 season.

Patrick Mahomes becomes a minority owner of Sporting Kansas City (his fiancee Brittany Matthews is a co-owner of the city’s NWSL KC Current).

August

Giannis Antetokounmpo purchases a minority stake in the Milwaukee Brewers.

SBJ Morning Buzzcast: June 24, 2022

Excel Sports scores at NBA Draft; Breaking down year one of the USFL; DP World Tour finally states its LIV Golf policy and big names in sports invest in Jackpot.

SBJ Unpacks: Thaddeus Young, NBA forward and venture capitalist

SBJ's Austin Karp posted up with NBA power forward Thaddeus Young. The 15-year veteran discussed his venture capital strategy, his investment in technology and much more.

SBJ Spotlight: Predicting which U.S. cities will host World Cup matches

SBJ Facilities Writer Bret McCormick and Soccer Writer Alex Silverman say five U.S. cities are locks to host World Cup matches in 2026. But they have different ideas when it comes to the rest of the field.

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