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Atlanta Dream close to being sold, taking Loeffler out of WNBA
Source: Associated Press
Dream close to being sold, taking Loeffler out of WNBA
By DOUG FEINBERG
January 20, 2021
The Atlanta Dream are close to being sold, ending defeated Sen. Kelly Loeffler’s contentious stint as a WNBA owner.
“As it relates to the Atlanta Dream, we understand a sale of the franchise is close to being finalized,” the league said in a statement. “Once the sale negotiation is concluded, additional information will be provided.”
Players around the league have called for Loeffler to sell her 49% stake in the Dream after she wrote a letter to WNBA Commissioner Cathy Engelbert over the summer objecting to the league’s initiatives to advocate for racial justice and the Black Lives Matter movement.
-snip-
Loeffler, a wealthy businesswoman who had closely aligned herself with Trump, has been an owner of the Dream since 2011. She hadn’t served as the franchise’s representative to the league’s Board of Governors since October 2019. She also wasn’t involved in day-to-day business.
Mary and John Brock are the Dream’s majority owners.
-snip-
By DOUG FEINBERG
January 20, 2021
The Atlanta Dream are close to being sold, ending defeated Sen. Kelly Loeffler’s contentious stint as a WNBA owner.
“As it relates to the Atlanta Dream, we understand a sale of the franchise is close to being finalized,” the league said in a statement. “Once the sale negotiation is concluded, additional information will be provided.”
Players around the league have called for Loeffler to sell her 49% stake in the Dream after she wrote a letter to WNBA Commissioner Cathy Engelbert over the summer objecting to the league’s initiatives to advocate for racial justice and the Black Lives Matter movement.
-snip-
Loeffler, a wealthy businesswoman who had closely aligned herself with Trump, has been an owner of the Dream since 2011. She hadn’t served as the franchise’s representative to the league’s Board of Governors since October 2019. She also wasn’t involved in day-to-day business.
Mary and John Brock are the Dream’s majority owners.
-snip-
Read more: https://apnews.com/article/donald-trump-race-and-ethnicity-georgia-elections-jon-ossoff-bc4f11c9b6a562a286fe84f4a08d924e