Disney CEO Bob Iger And Wife Willow Bay Reportedly Taking Control Of Angel City FC; Team’s $300M Value Would Set Women’s Sports Record
deadline.comBob Iger and his wife, Willow Bay, are closing in on an investment in Angel City FC in a deal that would make the pro soccer team the most valuable franchise in women’s professional sports.
The proposed transaction for the Bay Iger Co. is separate from the couple’s day jobs – Iger running the Walt Disney Co. as CEO and Bay serving as dean of the USC Annenberg School.
Multiple media reports indicate the new money, which would make the couple the team’s controlling shareholders, would total around $50 million on top of the team’s current valuation of $250 million.
Puck News and Semafor had the first reports on the Iger-Bay investment. Iger and Bay are poised to take control of the team from Reddit co-founder Alexis Ohanian, who is also the husband of Serena Williams, according to media reports.
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