Seattle Sounders and Carlyle Group Acquire Seattle Reign for $58 Million

The purchase unites Seattle's top soccer teams under shared ownership, reflecting the rapid growth in women's sports valuations.

The Seattle Sounders and Carlyle Group completed the acquisition of NWSL's Seattle Reign from OL Groupe.
Sounders owner Adrian Hanauer will serve as the Reign’s governor, with Carlyle's Alex Popov as alternate governor.
The deal marks a significant increase in the Reign's valuation, from $3.5 million in 2019 to $58 million in 2024.
Maya Mendoza-Exstrom, former COO of the Sounders, will be the Reign’s new chief business officer.
The acquisition aligns with Carlyle's strategy to expand its presence in sports investments.