Overview
- 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.