Ron Burkle selling San Diego Wave FC to LA couple for record price

The San Diego Wave are being sold — and for a record price. Sportico reported Thursday afternoon that owner Ron Burkle has agreed to sell the team to Arthur Levine and Lauren Leichtman in two transactions totaling $113 million, the most ever paid for a National Women's Soccer League club. The reported deal is nearly twice as much as the $63 million RAJ Sports paid to purchase the Portland Thorns last year.

The Wave issued a news release announcing that Burkle has brought on the Levine/Leichtman family as 'a significant minority investor in the club,' but would not comment on Sportico's report. 'We are proud of the unprecedented success we've had as an expansion team, and I am confident that ... their family's investment will continue to the growth of our team and the San Diego community,' Burkle said in the release.

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