BUSINESS NEWS
Want to stay up to date on the latest women's sports press releases and business news? Scroll below to view all women's sports business news.-
April 8, 2022
Gotham FC bolsters women-led front office with key management hire for new season
Pagnanelli began her role earlier this year and hit the ground running. Since she joined the women-led front office at Gotham, the franchise signed a major tech partnership with the blockchain company Algorand — the company’s logo will be emblazoned on Gotham’s jerseys for the 2022 season. North Jersey
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April 7, 2022
Sports Emmy Nominations Put a Spotlight on Women’s Sports
Nominees for the 43rd annual Sports Emmy Awards were announced Wednesday, with women’s sports featured in a number of categories. Nominees focused on women’s sports include ESPN’s “144” documentary on the 2020 WNBA season, Facebook Watch’s “Simone vs. Herself” docuseries on Simone Biles. JWS
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April 6, 2022
Behind the unusually high sale price of D.C.’s women’s soccer team
Washington, D.C.'s women's soccer team, the Spirit, is hot - on the field and on the open market. Last season, they won their first-ever championship. They signed a huge contract for a star player, and last week, the team officially sold for the highest valuation ever for a women's soccer...
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March 30, 2022
DC professional sports teams create Washington Coalition of Women’s Professional Sports
Owners, players, coaches, and representatives from the Washington Mystics, Washington Spirit, DC Divas, and the DC Shadow came together for a press conference to go more in-depth on the creation of the Washington Coalition of Women's Professional Sports. WJLA
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March 29, 2022
USA Gymnastics restructures leadership in women’s program
USA Gymnastics is overhauling its leadership structure in its women's elite program. Instead of having one person serve as the program's high-performance director, USA Gymnastics is dividing the job into three "equitable" positions, each of whom will report to the program's vice president of women's gymnastics. In an email to...
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March 28, 2022
The GIST Makes A Move Into Sports Business Coverage
Investment and a newsletter list that now tops 400,000 subscribers means a series of newsletters are ahead, along with podcasts and other expansion efforts. Yet The GIST turned to veteran women’s sportswriter Pardeep Cattry with a very specific assignment for the second-ever newsletter, following the success of the main offering:...
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March 28, 2022
Former WNBA player Lisa Leslie joins gaming platform
Former WNBA player and current coach and broadcast analyst Lisa Leslie has joined multiverse blockchain gaming platform LootMogul as a brand ambassador and business partner. Her level of investment in the company was not disclosed. Biz Journals
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March 22, 2022
NHL needs to make ‘substantial offer’ to unite women’s pro hockey
The Professional Women's Hockey Players Association and Premier Hockey Federation are set to meet at the request of NHL commissioner Gary Bettman. Sportsnet's Jeff Marek first reported the news, saying the NHL's intention is to attempt to bring the two sides together. TSN also reported during NHL trade deadline day that all...
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March 22, 2022
Women Are Dominating Ski Films This Year, on Both Sides of the Camera
If you want to watch lady shredders rip it up this year, you’re in luck. A ton of female-led ski films recently launched, with appearances from up-and-coming skiers like Madison Ostergren, as well as new and unique stories from industry legends like Ingrid Backstrom. Outside Online
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March 22, 2022
Naomi Osaka gets equity stake in FTX as part of ambassador deal
Cryptocurrency exchange platform FTX has named Naomi Osaka as a global ambassador in a partnership that also sees the tennis star handed an equity stake in the company and some payments made in digital currency. SP
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March 16, 2022
Pay equity software startup gains more big-name backers, including WNBA’s Candace Parker
Pay equity software startup Syndio has gained a new set of high-profile investors. The new investors, announced Monday, are contributing to Seattle-based Syndio's $50 million Series C round it raised in September and include WNBA star Candace Parker and Zillow co-founder Spencer Rascoff through his 75 and Sunny venture fund. The Business Journals
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March 11, 2022
Salaries are booming as paydays grow quickly for women’s college basketball coaches
Eye-popping salaries aren't just for college coaches in football and men's basketball. They're also quickly becoming a bigger deal for coaches in women's basketball. As the sport has grown in stature, so has the pay for its coaches. USA Today
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March 10, 2022
Women’s Sports Network would “love to see” WNBA on its platform
The Women’s Sports Network, the new dedicated 24-hour streaming channel for women’s sport, is targeting future rights deals for major properties including the Women’s National Basketball Association (WNBA). SP
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March 9, 2022
National Women’s Soccer League Names Jessica Berman Next Commissioner
The National Women’s Soccer League announced that Jessica Berman has been named the league’s next commissioner. Messing joined the league in October 2021. During her five-month tenure, she is credited with negotiating and launching a joint investigation with the NWSLPA, resolving the Washington Spirit ownership situation, and overseeing the sale...
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March 9, 2022
Florida women’s hoops coach Finley gets $3.7M contract
Florida women’s basketball coach Kelly Rae Finley’s recently signed five-year contract is worth $740,000 annually. The University Athletic Association released her contract Wednesday in response to a public records request. Finley s igned it March 1, two days after agreeing to terms on the $3.7 million deal. Bakersfield
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March 8, 2022
Investing In Women’s Sports: The Right Thing To Move Brands Forward
Brands shouldn’t invest in women’s sports just because it’s the right thing to do. Today it’s important to recognize that the future is female. This slogan has been around for decades and still rings true. Women’s sports are on the rise in the U.S. and around the world. They continue...
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March 7, 2022
How much money do athletes in the WNBA make? Do they have other jobs?
While the public perception of professional basketball players being multi-millionaires, bolstered by the headline-grabbing stories of contracts in excess of $40 million, the reality is that in the women’s game, the money is far more humble. According to Yahoo Finance, the average WNBA salary in 2021 is $120,648. The league’s “supermax” salary...
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March 7, 2022
How the Women’s Sports Network intends to cover female athletes “through a new lens”
Female athletes are set to have a US channel exclusively dedicated to them. Ahead of International Women’s Day, SportsPro caught up with Carol Stiff, the former ESPN executive now serving as an advisor to the Women’s Sports Network, to hear how the free, ad-supported, 24/7 streaming destination plans to provide...
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March 6, 2022
American double Olympic basketball gold medallist arrested on drugs charges in Moscow
Double Olympic gold medallist Brittney Griner has been arrested in Moscow on drugs charges, USA Basketball has confirmed. The Russian Federal Customs Service announced in a statement that an inspection of hand luggage carried by a United States citizen who arrived on a flight from New York City revealed that...
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March 5, 2022
Why Brittney Griner and Other W.N.B.A. Stars Play Overseas
Competing for international teams during the W.N.B.A.’s off-season is common for players. Why play overseas? For one, it gives them the chance to earn extra money. Depending on which country, leagues and teams, players can make several hundred thousand dollars and even more than $1 million. Another reason is playing...
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March 5, 2022
U.S. Soccer Votes to Retain Cindy Parlow Cone as President
U.S. Soccer is staying the course, voting to keep Cindy Parlow Cone as president at the organization’s annual general meeting in Atlanta. Parlow Cone, the first woman president in U.S. Soccer Federation history, won the vote of the membership over Carlos Cordeiro, whom she replaced in the job in March of...
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March 3, 2022
Serena Williams Venture Capital Firm Lands $111M
Serena Williams just scored a major off-court win — this time, with her venture capital firm. Serena Ventures announced on Wednesday that its first fund has raised $111 million. The fund will “invest in founders with diverse points of view,” according to The New York Times. The company has made angel investments in...
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March 2, 2022
PWHPA Inching Closer to Forming Women’s Pro Hockey League
Talks with select NHL teams and major corporate sponsors have intensified in the Professional Women’s Hockey Players’ Association’s bid to form a pro league within the next year. Associated Press
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March 1, 2022
How Airplanes Became the WNBA’s Biggest Scandal
The Liberty’s repeated chartering of flights, a violation of CBA rules, is a window into the state of ownership in the league. SI WNBA
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February 25, 2022
Former USWNT goalkeeper Hope Solo blasts equal pay settlement as ‘heartbreaking, infuriating’
"Read the fine print." Former United States goalkeeper Hope Solo said on Wednesday the women's national team's $24 million settlement with U.S. Soccer over an equal pay lawsuit was not the huge win it was being trumpeted as but rather "heartbreaking and infuriating." ESPN
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