Angel Reese’s WNBA journey is just beginning, but she’s on her way to becoming a mogul.
The Chicago Sky rookie announced Tuesday that she is now a co-owner of the DC Power Football Club, Washington’s new women’s professional soccer team. The Power will begin their first season this summer as one of the eight founding teams of the USL Super League.
“I want to help grow women’s sports and elevate female athletes across the board.” Reese said in a statement via The Athletic. “We are taking over and I am honored to support Power FC and invest in women’s soccer in the DMV community.”
Very grateful and blessed for this new property! We hope to create new opportunities for women in professional football. I always had a desire to invest in a local team as a Maryland native! https://t.co/1euMTm1ELl
— Angel Reese (@Reese10Angel) May 21, 2024
Becoming a co-owner of a professional sports team is a new status symbol among star athletes. Kansas City Chiefs quarterback Patrick Mahomes and his wife Brittany, a former college and international soccer player, are co-owners of the NWSL’s Kansas City Current. Tom Brady is co-owner of the Las Vegas Aces and is trying to buy out the ownership group of the Las Vegas Raiders.
While the Mahomes have purchased a team that resides in their adopted home, and Brady is investing in teams not located where he grew up or played, Reese is choosing to make his connection close to home. Born and raised in Randallstown, a suburb of Baltimore, she is also deeply connected to the DC area. According to The Athletic, other investors include DC United and several “community and business leaders” in the area. The Washington Post reported that Washington Nationals and Washington Capitals players are He is expected to join the ownership group soon.
“Angel’s decision to be a founding investor alongside us in Power FC is groundbreaking,” said Jason Levien, CEO and Co-Chairman of DC United, said in a statement. “As a Maryland native, Angel is passionate about being a catalyst for positive change in women’s sports in the DMV and globally, as she inspires the next generation of female athletes. We look forward to her participation in the boardroom as an equity partner.”
Announcing Reese as its first celebrity investor wasn’t the only thing the new franchise did on Tuesday. They announced their first president (Jordan Stuart), their first coach (former DC United player Frédéric Brillant) and the name of their team.