Chicago Sky lose to New York Liberty 99-74 in home opener
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Two games in, it’s clear the Liberty are big winners. The rest of the league, not so much.
According to Ben Pickman of The Athletic, the Liberty are valued at $450 million after raising capital from a group of investors, which "is believed to be a record across professional women’s sports and is more than double that of the last publicly known capital raise made by a WNBA franchise."
The Liberty’s valuation has set a new global benchmark as momentum around women’s sports continues to soar. A recent round of capital raising from a group of investors put the franchise valuation at a record $450 million, a source confirmed to The Post on Thursday.
The Sky had a rough start to the season against the Indiana Fever. Chicago lost 93-58 in a game where the Sky shot just 29.1% from the field. Angel Reese had a 12-point, 17-rebound double-double, but she didn't get much support from her teammates during the contest.
"The Liberty’s valuation is believed to be a record across professional women’s sports and is more than double that of the last publicly known capital raise made by a WNBA franchise," Pickman wrote.
The New York Liberty are making history in women's sports. The team has raised capital from a group of investors at a valuation of $450 million, a record for a professional women's sports franchise, sources told The Athletic.
WNBA season dribbles into full force, the reigning champions, the New York Liberty, are making headlines not just for their on-court prowess but also for a new partnership with travel brand Away. Announced just ahead of the team’s home opener,