• Loading stock data...
Thursday, November 21, 2024
exclusive
Teams

Bidders Line Up for Chicago Red Stars, Sale Expected in Spring

  • The Chicago Red Stars are expected to be sold by the spring, with bidders numbering in the double digits, sources told Front Office Sports.
  • Bids are expected in by the end of February.
Chicago Red Stars forward Mallory Pugh takes a corner kick
Daniel Bartel-USA TODAY Sports

A team in one of the largest metro areas and fastest-growing leagues in the U.S. is for sale, and potential buyers are lining up.

The NWSL’s Chicago Red Stars are proving to be a hot commodity, with interested parties numbering in the double digits, sources told Front Office Sports.

  • Bids are expected at the end of February.
  • The sale process has gone according to schedule and is on pace to be completed in the spring.
  • There is still time for a new bidder to swoop in.

Red Stars owner Arnim Whisler said in December that he would sell the club, following a report detailing abuse by former coach Rory Dames and the downplaying of complaints against him by Whisler. The league has banned Dames for life.

The Portland Thorns are also being sold due to similar allegations against former coach Paul Riley and owner Merritt Paulson.

Inner Circle Sports, which is managing the Red Stars sale, declined to comment.

NWSL

NWSL Increases Salary Cap, Focuses on Reform and Growth

The NWSL has increased its salary cap by 25%.
January 13, 2023

Trio Incoming

The NWSL plans to add three teams, with two debuting in the 2024 season. The new entrants will play in Utah, Boston, and the Bay Area, with the latter two paying a record expansion fee of $50 million. Utah, which had a team from 2018-20, will pay between $2 million and $5 million.

Sources told FOS that the Bay Area team is likely to play in San Francisco or the South Bay, but not in Oakland.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Rays $1.3B Ballpark Plans Stalled by Bond Delays, Hurricane Fallout

St. Petersburg officials vote to delay bonds for a new ballpark.
Nov 16, 2023; Las Vegas, Nevada, USA; McLaren F1 Team driver Oscar Piastri of Australia (81) during free practice at Las Vegas Strip Circuit.

F1 Welcomes Second Chapter of Polarizing Las Vegas Grand Prix

Both championship battles have yet to be clinched entering the Las Vegas race, which was not the case last year.

Old Rivals, New Stakes: Notre Dame and Army to Clash in Yankee..

The two schools are playing for the first time since 2016.
Oct 16, 2024; New York City, New York, USA; MLB Commissioner Rob Manfred before game three of the NLCS for the 2024 MLB playoffs at Citi Field.

Manfred Urges Patience on Rays Ballpark, Eyes MLB Media Shift

The commissioner also sees a new era emerging in the sport’s local media landscape.
podcast thumbnail mobile
Front Office Sports Today

Who Can Actually Afford Juan Soto?

0:00

Featured Today

Nov 18, 2023; Las Vegas, Nevada, USA; Williams Racing driver Logan Sargeant of the United States (2) during the Las Vegas Grand Prix at Las Vegas Strip Circuit.

F1 Grand Prix Upended Vegas Last Year. Stakes Are High for Its..

Stakes are high as F1 gears up for a successful second act.
Classic Football Shirts New York Pop-Up
November 18, 2024

Vintage Soccer Jerseys Have Found a Sweet Spot in the Lucrative U.S...

The money-making shirts are at the prime intersection of memorabilia and fashion.
Nov 13, 2024; New York, New York, USA; New York Knicks guard Josh Hart (3) reacts after fouling Chicago Bulls guard Coby White (not pictured) during the second half at Madison Square Garden.
opinion
November 16, 2024

NBA Ratings Rorschach Test: Buy the Dip

Was it the election? Too many threes? Lack of storylines?
November 15, 2024

Executive Decision: When Richard Nixon Named a College Football Champion

In 1969, the 37th president unilaterally named the winner of the season.
Sep 29, 2024; Paradise, Nevada, USA; Las Vegas Raiders owner Mark Davis acknowledges a fan before the start of a game between the Raiders and the Cleveland Browns at Allegiant Stadium.

Mark Davis to Unload More of the Raiders

He’s agreed to give 15% to new owners, shortly after the Brady sale.
Michele Kang
November 19, 2024

Michele Kang Drops Whopping $30 Million on U.S. Soccer

It’s the largest gift to the federation focused on girls and women.
Aaron Rodgers
November 19, 2024

Jets Clean House With Only Aaron Rodgers Remaining

Joe Douglas’s firing wasn’t a surprise, but the timing was.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
November 18, 2024

Roaring to the Top: Lions Become Super Bowl Favorites for First Time

This is the first time in franchise history Detroit is favored to win the Super Bowl.
November 17, 2024

Dallas Wings Secure No. 1 WNBA Pick Projected to be Paige Bueckers

Bueckers has endorsement deals with Nike and Gatorade and an equity stake in Unrivaled.
November 13, 2024

NHL’s Smallest-Market Team Is Breaking Records, Securing Its Future

Both wins and attendance are way up for the often-overlooked NHL franchise.
Nov 8, 2024; Minneapolis, Minnesota, USA; Portland Trail Blazers guard Anfernee Simons (1) works around Minnesota Timberwolves guard Donte DiVincenzo (0) in the third quarter at Target Center.
November 13, 2024

Trail Blazers Troll Fan With Gambling Addiction Helpline

The official account suggested that a complaining fan on X/Twitter should call 1-800-GAMBLER.