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Disney CEO Bob Iger and Willow Bay Acquire NWSL's Angel City FC for $250 Million, Invest $50 Million More
Jul 17, 2024, 02:08 PM
Walt Disney CEO Bob Iger and his wife, Willow Bay, have acquired a controlling stake in the Los Angeles women's soccer team, Angel City Football Club, at a valuation of $250 million. This acquisition makes Angel City FC the most valuable women's sports team in the world. The couple will also invest an additional $50 million into the team. Willow Bay, who is the dean of USC Annenberg School, described the acquisition as a 'breathtaking' and 'historic' moment and emphasized that it marks only the beginning of the team's ascent. Angel City FC has generated the highest revenue of any women's team globally, further solidifying its position as a leading organization in women's sports and ushering in a new era of growth for the NWSL club.
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