Current:Home > MarketsWNBA set to announce expansion team in San Francisco Bay Area -Core Financial Strategies
WNBA set to announce expansion team in San Francisco Bay Area
SafeX Pro View
Date:2025-04-07 06:02:18
The WNBA on Thursday plans to announce a new expansion team in the San Francisco Bay Area, a person with direct knowledge of the addition told USA TODAY Sports.
The person requested anonymity because they were not authorized to speak publicly until the announcement is made. The news comes just days before the most anticipated WNBA finals in league history are set to tip off between Las Vegas and New York on Sunday.
The team will begin play in the 2025 season, giving the cities and ownership groups more than 18 months to prepare. The WNBA is also talking to other potential ownership groups about expansion in other cities.
Speculation about an expansion announcement started swirling Tuesday, when the WNBA posted a cryptic message on social media implying there might be news soon. It teased expansion with another social media post Wednesday morning.
The league is trying to capitalize on the growing wave of interest in women’s sports. The NWSL is expanding at a rapid clip; NWSL commissioner Jessica Berman told The Washington Post in May that by 2026, the league will expand to 16 teams, doubling in size since it began in 2012.
Meanwhile, TV viewership for both the NCAA women’s tournament and WNBA has soared the past few seasons, with millions tuning in to watch a new generation of talent. Ahead of the 2023 World Cup this summer, players praised the uptick of investment in women's sports.
In February 2022, Engelbert announced a capital raise of $75 million, then the largest-ever in women’s sports. The money was slated to be used for marking and elevating the league’s brand.
WNBA hasn't expanded since 2008
It will be the first time in 15 years that the WNBA, now in its 27th season, has expanded. It last added Atlanta in 2008.
Only four franchises remain from the inaugural eight-team league that launched in 1997 with financial backing from the NBA: The New York Liberty, Los Angeles Sparks, Phoenix Mercury and Las Vegas Aces (originally known as the Utah Starzz, and previously under different ownership). A handful of other expansion teams have started and folded over the course of the WNBA's lifetime.
The Bay Area did not previously have a WNBA team but used to be home to the San Jose Lasers, an American Basketball League franchise that was part of the other women’s pro league that ran just two seasons, from 1996-1998.
The Warriors ownership group has been pushing for a WNBA team for years. The Athletic reported on Sept. 26 that a deal was close to done and, when finalized, would headquarter the team in Oakland — at the Warriors’ practice facility — and play its games at the Chase Center. Golden State owner Joe Lacob helped establish the ABL in 1995, and owned the Lasers. The Bay Area is home to women’s college basketball powerhouse Stanford, which won the 2021 NCAA title. In April, the NWSL announced that Bay Area FC would start play in 2024.
veryGood! (41967)
Related
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Former Colorado officer avoids jail for putting handcuffed woman in police vehicle that was hit by train
- ‘Spring tide’ ocean waves crash into buildings in South Africa, leaving 2 dead and injuring several
- Israel criticizes UN vote to list ruins near ancient Jericho as World Heritage Site in Palestine
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- How to watch Simone Biles, Shilese Jones and others vie for spots on world gymnastics team
- Italy mulls new migrant crackdown as talk turns to naval blockade to prevent launching of boats
- Jann Wenner removed from board of Rock and Roll Hall of Fame over comments deemed racist, sexist
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- 2 pilots killed in crash at Reno air race
Ranking
- The Daily Money: Spending more on holiday travel?
- Republicans propose spending $614M in public funds on Milwaukee Brewers’ stadium upgrades
- MLB power rankings: Orioles stand strong in showdown series - and playoffs are next
- Everything you need to know about this year’s meeting of leaders at the UN General Assembly
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Love, identity and ambition take center stage in 'Roaming'
- The bizarre secret behind China's spy balloon
- 'It's too dangerous!' Massive mako shark stranded on Florida beach saved by swimmers
Recommendation
The Super Bowl could end in a 'three
Military searching for F-35 fighter jet after mishap prompts pilot to eject over North Charleston, S.C.
How to watch Simone Biles, Shilese Jones and others vie for spots on world gymnastics team
Turkey’s President Erdogan and Elon Musk discuss establishing a Tesla car factory in Turkey
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
Biden’s national security adviser holds two days of talks in Malta with China’s foreign minister
Missing Maine man found alive after being trapped in his truck in a mud pit for two days
Pennsylvania police search for 9 juveniles who escaped from detention facility during a riot