Overview

• The New York Liberty sold a mid-teens percentage stake in the team at a $450 million valuation, the highest ever for a women’s sports franchise.
• The valuation represents more than a 30-fold increase since Clara Wu Tsai and Joe Tsai purchased the team in 2019 for $10–14 million.
• Proceeds from the sale are designated to fund a 75,000-square-foot, player-designed practice facility in Brooklyn, scheduled to open in 2027.
• The sale requires final approval from the WNBA’s board of governors, which oversees league governance and transactions.
• The Liberty’s valuation reflects the WNBA’s broader surge in attendance, TV viewership, revenue, and expansion efforts in recent years.