— The San Diego Wave of the National Women's Soccer League will have new owners by the season's end following a sale the puts the club's value at $113 million, a person familiar with the agreement told The Associated Press.
Lauren Leichtman and husband Arthur Levine manage the California-based investment firm Levine Leichtman Capital Partners. They will initially join as significant minority investors and acquire a majority stake at the end of the season. Current owner Rob Burkle will control the team until then. The sale, which could eventually be worth $120 million, is significantly higher than the previous record sale of $63 million paid by the Bhathal family for the Portland Thorns earlier this year.
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