Overview

• The New York Liberty sold a mid-teens percentage stake at a $450 million valuation, the highest ever for a women’s sports franchise.
• Clara Wu Tsai and Joe Tsai, who acquired the Liberty in 2019 for $10–14 million, oversaw the team’s rapid valuation growth.
• Proceeds from the equity sale will fund a 75,000-square-foot, player-designed practice facility in Brooklyn, set to open in 2027.
• The sale reflects surging WNBA franchise values, driven by increased attendance, TV viewership, and lucrative expansion fees.
• The transaction is pending approval by the WNBA Board of Governors, which oversees league ownership changes.