Disney's Bob Iger and Willow Bay Near $250M Deal for Most Valuable Women's Sports Franchise, Angel City FC

Jul 3, 2024, 01:26 PM

Disney CEO Bob Iger and his wife Willow Bay, the Dean of the USC Annenberg School for Communication and Journalism, are nearing a deal to acquire Angel City FC, the Los Angeles-based women's soccer franchise, for $250 million. The acquisition, which is set to shatter the record for the most valuable women's sports franchise, will nearly double the team's valuation. Avram Glazer, the part owner of Manchester United, had also bid for control of Angel City FC but failed. The deal highlights the increasing value and investment interest in women's sports.