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Angel Reese Becomes Part Owner of DC Power Soccer Club, Joining Ranks of Athlete Team Owners

by Precious Gibson
May 22, 2024
Reading Time: 2 mins read
0
Angel Reese, Magic Johnson, Serena Williams, Venus WIlliams, Dwyane Wade

Angel Reese, Magic Johnson, Serena Williams, Venus WIlliams, Dwyane Wade

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Angel Reese has officially invested in the DC Power Football Club, joining the ranks of other athletes who also own a stake in sports teams. 

This move diversifies the Chicago Sky rookie’s investments and aligns with her growing influence in women’s sports. On Tuesday, the basketball star was announced as one of the team’s founding owners.

“Women investing in women. Welcome DC Power FC Co-Owner,” the team wrote in the caption of an Instagram post dedicated to Reese. 

View this post on Instagram

A post shared by DC Power Football Club (Power FC) (@dcpowerfootballclub)

 

 

DC Power is one of eight teams that will compete in the inaugural season of the USL Super League, which will begin in August. With Reese being one of the faces of the WNBA, there is certainly quite a bit of expertise that she can bring to the soccer league. Other athletes have taken similar career leaps, which have proven to be quite lucrative. 

 

Michael Jordan

Michael Jordan became a minority owner of the Charlotte Hornets (formerly known as the Bobcats) and took majority control in 2010. He sold his majority stake in 2023 for an estimated $3 billion but retained a minority share. 

 

Magic Johnson

Magic Johnson is the proud co-owner of the MLB’s Dodgers. In 2023, the five-time NBA champion put up a whopping $240 million to assist in purchasing the Washington Commanders.

 

Serena and Venus Williams

Since 2009, Serena Williams and her sister Venus, have held a minority stake in the Miami Dolphins. In 2020, Serena also dived into women’s soccer, joining an investment group for the new NWSL team, Angel City FC. 

 

Dwyane Wade

Dwyane Wade acquired a share of ownership in the Utah Jazz in 2021.

 

Warrick Dunn

Warrick Dunn, a 12-year veteran NFL running back, owns a minority stake in the Atlanta Falcons since 2009.

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