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"Serious Question Marks": WNBA Reporter Break Down Why Cathy Engelbert's $75 Million Capital Raise Could Haunt League

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  • "Serious Question Marks": WNBA Reporter Break Down Why Cathy Engelbert's $75 Million Capital Raise Could Haunt League

    Cathy Engelbert’s tenure as WNBA commissioner has seen its fair share of ups and downs throughout the last seven years. While Engelbert has been lauded for her decisions like the league’s expansion and two CBAs, The Athletic’s Annie Costabile believes this one decision made by Engelbert back in 2022 could have been avoided, that being Engelbert’s decision to raise $75 million in capital by selling a 16% equity stake in the league.

    Publisher:Yahoo Sports WNBA
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