Fermat Ventures
  • Home
  • Stocks And Finance
  • Real Estate
  • Cryptocurrency
  • About Fermat Ventures Ltd.
  • en EN
    • zh-CN ZH-CN
    • en EN
No Result
View All Result
Fermat Ventures
  • Home
  • Stocks And Finance
  • Real Estate
  • Cryptocurrency
  • About Fermat Ventures Ltd.
  • en EN
    • zh-CN ZH-CN
    • en EN
No Result
View All Result
Fermat Ventures
No Result
View All Result
Home Stocks And Finance

WNBA expands to 15 teams with new franchise in Portland

September 18, 2024
in Stocks And Finance
Reading Time: 2 mins read
0 0
0
WNBA expands to 15 teams with new franchise in Portland
Share on FacebookShare on Twitter


WNBA expansion team coming to Portland in 2026.

Source: WNBA

The WNBA is adding its 15th team in Portland, the third new franchise as part of its most recent expansion, the league announced Wednesday.

The Portland team, which was not named in a WNBA release, will begin play in 2026 and will be owned and run by RAJ Sports, an investment firm specifically focused on sports. Lisa Bhathal Merage will be the controlling owner and governor.

“As the WNBA builds on a season of unprecedented growth, bringing a team back to Portland is another important step forward,” said WNBA Commissioner Cathy Engelbert in a release. “Portland has been an epicenter of the women’s sports movement and is home to a passionate community of basketball fans.”

The Portland team will play in the Moda Center, the same arena as the NBA’s Portland Trailblazers.

Team ownership will take feedback from the community to help in naming the franchise, Bhathal Merage said at the Wednesday evening press conference. They are also committed to building a practice facility for the Portland WNBA team and a training facility for the Portland Thorns, according to Alex Bhathal, who will be the WNBA team’s alternate governor.

RAJ Sports purchased the NWSL’s Portland Thorns in January, in addition to becoming co-owners of the NBA’s Sacramento Kings in 2013.

The WNBA is in growth mode as its popularity spikes. The Golden State Valkyries will begin play in 2025, followed by teams in Toronto and Portland in the 2026 season.

Portland has had a WNBA team before, but it shut down after a few years in 2002. The addition of the new Portland team underscores booming growth for both the WNBA and women’s sports in general. The National Women’s Soccer League is also in expansion mode and has added several teams since 2022.

The 2024 WNBA season has seen record numbers for both in-person attendance and viewership, according to data from the WNBA for the start of the season. The playoffs are set to start Sept. 22.

A combination of existing stars such as A’ja Wilson and an exciting rookie class headlined by Caitlin Clark and Angel Reese have helped to propel the WNBA, leading to a huge jump in the value of the most recent NBA media rights deal.

In May, the WNBA also announced that teams would have leaguewide chartered flights for the first time ever, primarily via Delta Air Lines.

Don’t miss these insights from CNBC PRO



Source link
This article was complied by AI and NOT reviewed by human. More information can be found in our Terms and Conditions.

Tags: BasketballBusinessbusiness newsCathy EngelbertexpandsfranchisePortlandTeamsWNBA
Previous Post

Trump Purchases Burgers Using Bitcoin (BTC) at NYC PubKey, a Crypto Hangout

Next Post

Revolutionizing Real Estate Payments with Loft47 and Payload

Related Posts

Kevin O’Leary Credits His Marriage’s Survival to Working Nonstop While His Kids Were Growing Up
Stocks And Finance

Kevin O’Leary Credits His Marriage’s Survival to Working Nonstop While His Kids Were Growing Up

June 15, 2025
What we have learned from the first fatal Boeing Dreamliner crash
Stocks And Finance

What we have learned from the first fatal Boeing Dreamliner crash

June 14, 2025
CVX, UAL, NOC, RH, and additional stocks
Stocks And Finance

CVX, UAL, NOC, RH, and additional stocks

June 13, 2025
2025 Prudent Pet Insurance Review
Stocks And Finance

2025 Prudent Pet Insurance Review

June 12, 2025
New rule protecting fertility introduced by Women’s Tennis Association
Stocks And Finance

New rule protecting fertility introduced by Women’s Tennis Association

June 11, 2025
J.M. Smucker, Tesla, and Other Companies
Stocks And Finance

J.M. Smucker, Tesla, and Other Companies

June 10, 2025
Next Post
Loft47 and Payload integrate to streamline real estate payments for Canadian markets

Revolutionizing Real Estate Payments with Loft47 and Payload

The importance of more than just interest rate cuts for attracting first-time buyers

The importance of more than just interest rate cuts for attracting first-time buyers

  • Trending
  • Comments
  • Latest
Engel & Völkers reports strong performance of Canadian luxury real estate in changing market conditions

Engel & Völkers reports strong performance of Canadian luxury real estate in changing market conditions

July 18, 2024
Property Taxes in Canada: Ranking the Most and Least Affordable in 2024

Property Taxes in Canada: Ranking the Most and Least Affordable in 2024

July 2, 2024
CREA introduces the Canadian Realtors Care Award 2025, honoring a decade of community impact recognition

CREA introduces the Canadian Realtors Care Award 2025, honoring a decade of community impact recognition

October 4, 2024
June sees Canadian housing market revival after interest rate cut

June sees Canadian housing market revival after interest rate cut

July 17, 2024
Title Revision: HSBC Elevates UK Stocks, Lowers Canada By Investing.com

Title Revision: HSBC Elevates UK Stocks, Lowers Canada By Investing.com

0
BitGo to Provide Custody Services for Coins in the CoinDesk 20 Index

BitGo to Provide Custody Services for Coins in the CoinDesk 20 Index

0
Analog Devices Soars as Q2 Results and Guidance Surpass Expectations (ADI)

Analog Devices Soars as Q2 Results and Guidance Surpass Expectations (ADI)

0
Firms offering ‘Buy Now, Pay Later’ services must adhere to U.S. credit card laws

Firms offering ‘Buy Now, Pay Later’ services must adhere to U.S. credit card laws

0
Kevin O’Leary Credits His Marriage’s Survival to Working Nonstop While His Kids Were Growing Up

Kevin O’Leary Credits His Marriage’s Survival to Working Nonstop While His Kids Were Growing Up

June 15, 2025
What we have learned from the first fatal Boeing Dreamliner crash

What we have learned from the first fatal Boeing Dreamliner crash

June 14, 2025
CVX, UAL, NOC, RH, and additional stocks

CVX, UAL, NOC, RH, and additional stocks

June 13, 2025
Richard Silver, Toronto-based Sotheby’s representative, calls on Carney to permit foreign buyers

Richard Silver, Toronto-based Sotheby’s representative, calls on Carney to permit foreign buyers

June 13, 2025
Fermat Ventures

Discover the latest in stocks, finance, cryptocurrency, and real estate with Fermat Ventures. Stay informed with expert analysis, timely updates, and comprehensive coverage of the financial markets.

BROWSE BY CATEGORIES

  • Cryptocurrency
  • Real Estate
  • Stocks And Finance
No Result
View All Result

LATEST UPDATES

  • Kevin O’Leary Credits His Marriage’s Survival to Working Nonstop While His Kids Were Growing Up
  • What we have learned from the first fatal Boeing Dreamliner crash
  • About Fermat Ventures Ltd.
  • Disclaimer
  • Privacy Policy
  • Copyright
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Fermat Ventures.
Fermat Ventures is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Fermat Ventures
Disclaimer

The content on this website is for informational purposes only and is not professional advice. By proceeding, you agree that Fermat Ventures Ltd. is not responsible for how you use this information. You also agree to our Privacy Policy, Disclaimer, and Terms and Conditions.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
No Result
View All Result
  • Home
  • Stocks And Finance
  • Real Estate
  • Cryptocurrency
  • About Fermat Ventures Ltd.

Copyright © 2024 Fermat Ventures.
Fermat Ventures is not responsible for the content of external sites.