Monday, May 10, 2021

Latest Posts

Champions League Final Weighs Move to London or Portugal

Officials from UEFA and Britain met Monday to discuss shifting the Manchester City-Chelsea game from Istanbul to Wembley. Porto, Portugal, is another option.European soccer’s...

Kentucky Derby Winner’s DQ Won’t Change the Bets. Here’s Why.

A failed drug test has cast doubt on Medina Spirit’s victory at Churchill Downs. But people who bet on him to win will keep...

Cal Survived Covid. Now, Back to Its Usual Problems

The school conducted tens of thousands of coronavirus tests, aborted the football season and lost $10 million. Is that light at the end of...

Canelo Álvarez Has Three Belts and All the Numbers in His Corner

The supermiddleweight champion pounded Billy Joe Saunders in front of 73,126 spectators in Texas and wants the I.B.F. champion Caleb Plant next.The 73,126 paid...

Atlanta Dream, WNBA Team Co-owned by Kelly Loeffler, Is Sold

Renee Montgomery, a former Dream guard, is part of a group buying the team from Loeffler, the former Georgia senator, who upset players by attacking the Black Lives Matter movement.

The W.N.B.A.’s Atlanta Dream, which had been co-owned by former Senator Kelly Loeffler of Georgia, is being sold to an ownership group that includes Larry Gottesdiener, the chairman of the real estate equity firm Northland, Suzanne Abair, the firm’s chief operating officer, and Renee Montgomery, a former star of the team. Gottesdiener will be the majority owner.

The team had long been on the market, but talks to sell ramped up in recent months. The Dream had been in the spotlight over the past year after its players, most of whom are Black, publicly denounced Loeffler, a Republican, for attacking the Black Lives Matter movement. The players’ union called for Loeffler’s ouster, and players across the league campaigned for the Rev. Raphael Warnock, a Democrat who was running for her Senate seat. Commissioner Cathy Engelbert said the league would not force Loeffler to sell her stake, but also said that her comments did not align with the league’s values.

Over the summer, Loeffler repeatedly said that she would not sell her stake in the team. She attributed the criticism of her to “cancel culture,” though her efforts to sell the franchise were essentially an open secret.

Loeffler lost to Warnock in a runoff election in January for the Senate seat she had been appointed to, helping give Democrats control of the Senate. Loeffler said this week that she was considering running again.

After Warnock’s victory, Montgomery told The New York Times: “This isn’t the first time that we’ve seen an owner or even a sponsor of a team not align with a team’s thought process. So it’s always going to be a battle, but right now I’m just excited for a win.”

Mary Brock, who had owned a majority of the team since 2011, stayed silent about Loeffler’s Black Lives Matter comments and the backlash from players over the summer. In January, LeBron James, the N.B.A. star, suggested that he might put together an ownership group for the team. Other sports luminaries, like the former N.B.A. star Baron Davis and baseball’s Mookie Betts, had also been linked to sale talks.

This is a developing story.

Latest Posts

Champions League Final Weighs Move to London or Portugal

Officials from UEFA and Britain met Monday to discuss shifting the Manchester City-Chelsea game from Istanbul to Wembley. Porto, Portugal, is another option.European soccer’s...

Kentucky Derby Winner’s DQ Won’t Change the Bets. Here’s Why.

A failed drug test has cast doubt on Medina Spirit’s victory at Churchill Downs. But people who bet on him to win will keep...

Cal Survived Covid. Now, Back to Its Usual Problems

The school conducted tens of thousands of coronavirus tests, aborted the football season and lost $10 million. Is that light at the end of...

Canelo Álvarez Has Three Belts and All the Numbers in His Corner

The supermiddleweight champion pounded Billy Joe Saunders in front of 73,126 spectators in Texas and wants the I.B.F. champion Caleb Plant next.The 73,126 paid...

Don't Miss

Some Dramatic Quarterback Successions Start at the N.F.L. Draft

If the draft last week revealed anything, it was that there’s no tactful way to replace a healthy starting quarterback.Replacing a franchise quarterback is...

In Anti-Ownership Protests, United Fans Rediscover Their Own Power

The protests, by Manchester United fans demanding the Glazer family sell the club, forced the postponement of a match after the stadium was stormed.At...

Denied a Season, Some Ivy League Athletes Craft a Baseball Gap Year

The Ivy League, unlike most Division I conferences, decided against spring sports. That has led some athletes, like baseball players at Brown, to find...

Four World Cup tickets on the line for Concacaf hopefuls

Thirteen teams to participate in Guatemala between 3-9 May 2021 The Domo Polideportivo also hosted matches at the FIFA Futsal World...

Medina Spirit Wins the 147th Kentucky Derby

The trainer Bob Baffert collected his seventh Derby victory while the favorite, Essential Quality, faltered and finished fourth.LOUISVILLE, Ky. — On another first Saturday...

Stay in touch

To be updated with all the latest news, offers and special announcements.