San Diego Wave FC Sold for Record $120 Million in NWSL

The sale to the Levine Leichtman family sets a new benchmark for the league, reflecting the rising value and interest in women's soccer.

San Diego Wave FC is being sold to the Levine Leichtman family in a record-breaking deal valued at up to $120 million, marking the highest price ever paid for an NWSL team.
The sale nearly doubles the previous record of $63 million paid for the Portland Thorns, showcasing the growing valuation and interest in women's soccer.
Ron Burkle, the current owner, will remain the principal owner through the 2024 season, after which the Levine Leichtman family will take full ownership.
The deal reflects the unprecedented success of the San Diego Wave FC as an expansion team and is expected to contribute to the growth of the team and the San Diego community.
The sale is part of a broader trend of increasing commercial interest and investment in the NWSL, with team valuations soaring and new TV deals enhancing the league's visibility.