The next season of the WNBA, the women’s basketball league in the United States, may have a historic turn after the popular Caitlin Clark was selected by the Indiana Fever as No. 1 in the Draft held Monday night in Brooklyn, New York.
The former University of Iowa player will generate a great commercial and media impact which can bring immediate dividends for the WNBA.
Serena says the investment depends on whether it is the right market
The same day Caitlin was selected by the Fever, Serena Williams, the tennis legend who won 23 Grand Slam tournaments and the gold medal at London 2012, expressed interest in buying one of the 12 WNBA teams.
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“I would be super interested. In the right market, she would definitely be super interested in it,” Serena said in an interview with CNN.
Currently, the WNBA has teams in Connecticut, Indiana, New York, Atlanta, Chicago, Washington DC, Minnesota, Dallas, Los Angeles, Seattle, Las Vegas and Phoenix, and most of them are tied to an NBA team. For example, the Fever is a quintet owned by Herb Simon, the same owner of the Indiana Pacers, but the Connecticut Sun belong to the Mohegan tribe.
Serena Williams’ investments in sports
The 42-year-old former tennis player has experience and a broad portfolio of sports investments.
One of the best known is his minority participation in the Miami Dolphins of the NFL. The former tennis player bought a package of shares in 2009, when the team had a valuation of 2 billion dollars and is now estimated to be worth twice that.
She was also one of the founders of Angel City FCa women’s soccer team from Los Angeles that has competed in the National Women’s Soccer League (NWSL) since 2022. and where the actress Natalia Portman, and the investors Kara Nortman and Alexis Ohanian also invested.
In the interview with CNN, Serena Williams was very confident in the development of women’s sports: “I feel like tennis had its moment and it is international, it is huge and it will always be there. Now is the time to promote other sports, such as women’s soccer, women’s basketball… there are many other sports that women play very well. Let’s put it on that platform that tennis is on.”
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