Nike To Become Investors In WNBA

Nike Inc. has become a new investor in the WNBA. Nike is investing $75 million into the WNBA, making it the largest in a women’s sports property.

The capital raise will help push the WNBA’s marketing, brand elevation, and other endeavors. Along with Nike, other investors like Pau Gasol, Baron Davis, Condoleeza Rice, and Swin Cash are all joining in on the investment.

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