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WNBA Investor Makes Feelings Known Around Controversial $75M Decision Under Cathy Engelbert

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  • WNBA Investor Makes Feelings Known Around Controversial $75M Decision Under Cathy Engelbert

    Did the WNBA accidentally give away a piece of its future too cheaply? Four years ago, WNBA commisioner Cathy Engelbert led a deal that saw the league sell a 16% equity stake for $75 million in a bid to raise capital. At the time, it appeared to be a reasonable move for an organization in need of financial backing.

    Publisher:Yahoo Sports WNBA
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