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WNBA’s New York Liberty reportedly sell stake at record $450m valuation

Liberty stake sold at record $450m team valuationNew funds will help build Liberty’s Brooklyn facilityLatest sign of surging value in women’s pro sportsNew York Liberty owners sold shares in the WNBA team at what would be a record valuation of $450m for a women’s pro sports franchise, the Athletic reported Thursday.The capital raised from the sale, which represent a percentage share in the “mid-teens”, is believed to be earmarked toward construction of a practice facility in Brooklyn, per the report. Continue reading...

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