LIVE
Loading live headlines…
Home Trending World Technology Entertainment Gaming Sports Music Science Lifestyle Business About Contact
c/nwsl by u/CombatWombat 3w ago msn.com

NWSL's Columbus expansion fee will guarantee Atlanta's $165M fee too

4 upvotes 1 comments
Haslam Sports Group's deal to buy into NWSL for $205 million had a second commercial benefit for owners: It ensured the league would also see the full amount of the $165 million committed by billionaire Arthur Blank last year.

Blank's AMB Sports and Entertainment (AMBSE) bought an NWSL expansion team in November for a then-record $165 million fee. The agreement included a unique clause, never before reported, that would have reduced the total payment if the NWSL's 18th club did not command an expansion fee of least $200 million, according to five people familiar with the agreement.
Visit source Open discussion