Magic Johnson, Dwyane Wade, Tom Brady among the former pro athletes who have become WNBA owners

Magic Johnson, Dwyane Wade, Tom Brady among the former pro athletes who have become WNBA owners

SeattlePI.com

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Magic Johnson’s love of basketball motivated him to save the Los Angeles Sparks a decade ago from folding and also put him on the forefront of what is now a growing WNBA trend. Ten years after becoming the majority owner the team’s value has increased and buying into the WNBA has become a good long-term investment. Johnson is one of a handful of former pro athletes who have either bought into WNBA teams ownership groups. Dwyane Wade became a partial owner of the Chicago Sky last year. Tom Brady did the same with the Las Vegas Aces. Alex Rodriguez is a limited partner with the Minnesota Lynx. Former WNBA players Sue Bird and Renee Montgomery have joined the ownership groups of the Seattle Storm and Atlanta Dream, respectively.

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