Current:Home > FinanceChainkeen|WNBA awards Portland an expansion franchise that will begin play in 2026 -Mastery Money Tools
Chainkeen|WNBA awards Portland an expansion franchise that will begin play in 2026
Fastexy View
Date:2025-04-10 12:26:25
The ChainkeenWNBA is headed back to Portland with the Oregon city getting an expansion team that will begin play starting in 2026.
The team will be owned and operated by Raj Sports, led by Lisa Bhathal Merage and Alex Bhathal. They paid $125 million for the franchise.
“This is huge for Portland. We are so honored and humbled to be the vessel that delivers this WNBA franchise to Portland,” Lisa Bhathal said. “And that’s really how we consider ourselves. Portland is this incredibly diverse, enthusiastic community. We saw the passion first-hand when we started looking into the Portland Thorns and this is Basketball City. So we’re very excited about the future.”
The Bhathal’s started having conversations with the WNBA late last year after a separate bid to bring a team to Portland fell through.
“I think from our perspective, knowing that the league was interested in coming to Portland, gave us confidence that pursuing the opportunity would be well received by the league,” Alex Bhathal said.
“The idea of expanding our footprint in Portland and being able to create a platform focused on women’s sports in the Portland market and really being able to put the foothold and to put a stake in the ground in Portland and make the mark as the epicenter of a global women’s sport market is something that was really compelling and interesting to us and very deserving by the community of Portland.”
It’s the third expansion franchise the league will add over the next two years with Golden State and Toronto getting the other two. The Golden State Valkyries will begin play next season and Toronto in 2026.
“It’s nice to have the Pacific Northwest kind of locked in now,” WNBA Commissioner Cathy Engelbert said.
Engelbert has said she hopes to have more teams by 2028, but doesn’t think that the league will be adding any more that will start playing before 2027.
Portland had a WNBA team, the Fire, from 2000 until 2002 when it folded. That franchise averaged more than 8,000 fans when games were play at the Rose Garden. The new franchise will play at the Moda Center — home of the Trail Blazers. The Bhathals will build a dedicated practice facility for the team as well.
The Bhathal family brings more than 50 years of experience in professional sports, including serving as co-owners of the Sacramento Kings and the controlling owners of the Portland Thorns of the NWSL.
Portland has been a strong supporter of women’s sports from the stellar college teams at Oregon and Oregon State to the Thorns. The Bhathals bought the soccer team for $63 million earlier this year. The franchise is averaging more than 18,000 fans this season.
The city also had the first bar dedicated to women’s sports — The Sports Bra.
“When you look at our numbers, not just the Thorns’ off-the-charts attendance, which is incredible, what you’ve seen, in Eugene, what you’ve seen in Oregon State, we knew that this was going to be one of the great moments in sports for Oregon,” senator Ron Wyden said. “We saw, February of 2023, what was possible. So I can tell you that right now there are women playmaking in Portland. They’re rebounding in Roseburg, they’re hooping in Hermiston. Every nook and cranny of our state is into this.”
___
AP WNBA: https://apnews.com/hub/wnba-basketball
veryGood! (1186)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- French government says 9 people detained after violent attack on Lyon soccer team buses
- Nine QB trade, free agency options for Vikings after Kirk Cousins' injury: Who could step in?
- Matthew Perry's Friends community reacts to his death at 54
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- China holds major financial conference as leaders maneuver to get slowing economy back on track
- SoCal's beautiful coast has a hidden secret: The 'barrens' of climate change
- Will Ariana Madix's Boyfriend Daniel Wai Appear on Vanderpump Rules? She Says...
- The White House is cracking down on overdraft fees
- Maine police alerted weeks ago about threats from mass shooting suspect
Ranking
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- She talked about depression at a checkup — and got billed for two visits.
- Matthew Perry's family, Adele, Shannen Doherty pay tribute to 'Friends' star: 'Heartbroken'
- Climb aboard four fishing boats with us to see how America's warming waters are changing
- Intel's stock did something it hasn't done since 2022
- FIFA bans Luis Rubiales of Spain for 3 years for kiss and misconduct at Women’s World Cup final
- Israel opens new phase in war against Hamas, Netanyahu says, as Gaza ground operation expands
- Credit card interest rates are at a record high. Here's what you can do to cut debt.
Recommendation
Questlove charts 50 years of SNL musical hits (and misses)
Southern Charm's Olivia Flowers Shares Family Update 8 Months After Brother Conner's Death
A look back at Matthew Perry's life in photos
The Nightmare Before Christmas Turns 30
Travis Hunter, the 2
Mega Millions winning numbers for Oct. 27: See if you won the $137 million jackpot
Oil prices could reach ‘uncharted waters’ if the Israel-Hamas war escalates, the World Bank says
'SNL' mocks Joe Biden in Halloween-themed opening sketch: 'My closest friends are ghosts'