Wednesday, July 8, 2026

Billie Jean King, Candace Parker Join Angel City Investor Group

  • Team will formally be called Angel City FC when it debuts in 2022.
  • The initial group of investors, which included celebrities across media and sports, was announced in July.
Angel City Football Club

Angel City, the NWSL expansion team announced in July, has formally joined the league as its 11th team and will compete under the name “Angel City Football Club” when it debuts in the spring of 2022.

The club has also added a star-studded list of new founding investors. 

The initial group of founders included actress Natalie Portman, Reddit co-founder Alexis Ohanian, media entrepreneur Julie Uhrman and venture capitalist Kara Nortmann. Early investors also included Serena Williams — who is married to Ohanian — fourteen former US Women’s National Team players including Mia Hamm, and actresses Jessica Chastain and America Ferrera.

The latest additions include tennis legends Billie Jean King and partner Ilana Kloss, WNBA star Candace Parker and her 11-year-old daughter Lailaa — Ohanian and Williams’ young daughter, Olympia, is also part of the founding group — decorated alpine skier Lindsay Vonn and her NHL All-Star husband PK Subban, and late night host James Corden. 

King and Kloss became minority owners of the Los Angeles Dodgers in 2018.

“We need everyone to invest in women’s sports and Ilana and I are proud to stand with the Angel City FC ownership group and help make new history in Southern California sports,” King said in an announcement. “Angel City’s mission to make an impact on and off-the field, and to provide an opportunity to some of the best professional female athletes in the world to play on a stage as powerful as Los Angeles, sends a strong message to young girls in the community and beyond.”

Minnesota United FC co-owner Ben Grossman, model Jasmine Tookes, and a number of business and entertainment executives are also among the latest investors in the club. 

Angel City made an impact with its July 21 announcement, gaining 25,000 Twitter followers within a week. The NWSL is also reportedly close to adding a 12th team, this time in Sacramento, to debut in the next two years. 

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Dec 13, 2025; Las Vegas, Nevada, USA; NBA on Amazon announcers (from left) Taylor Rooks, Dirk Nowitzki, Steve Nash, Blake Griffin and Udonis Haslem during the Emirates NBA Cup semifinals at T-Mobile Arena.

Biggest Sports Media Talent Moves of 2025

Netflix jumped into the sports podcast business.
Candace Parker

Candace Parker Not a WNBA Owner Yet, but Her Business Is Booming

Her WNBA peers say she made the blueprint for earning off the court.
Exclusive

Wade, Parker Expected to Join Amazon NBA Coverage

Parker would be a studio analyst for both NBA and WNBA games.

Top 20 NBA Media Targets For Amazon, NBC, Others

As NBA rights shift, many media members could be on the move.
podcast thumbnail mobile
Front Office Sports Today

7/8/26 – USMNT Ratings, World Cup Bidding War, Big 12’s Monster Deal

0:00

Featured Today

Pillow Fight Championship

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.
ATLANTA, GA - September 05: Georgia Lottery fireworks after the game against the Seattle Mariners at Truist Park on Friday, September 5, 2025 in Atlanta, Georgia.
July 2, 2026

Inside the Spectacle and Science of MLB Fireworks

Postgame fireworks are lighting up baseball for America250.
Kansas City Chiefs
July 1, 2026

NFL Teams Push to Turn Futbol Fans Into Football Devotees

NFL teams are courting international soccer fans during their World Cup visits.
June 26, 2026

What We Saw Traveling the U.S. for the World Cup Group Stage

The knockout stage begins Sunday.
June 26, 2026

In an Era of $1,000 Tickets, $10 Watch Parties Bring Fans Together

Stadium watch parties now rival home-game experiences.
Aksha Bhatia, Max Homa, and Tiger Woods of Jupiter Links before a TGL match against New York Golf Club at SoFi Center on January 13, 2026, in Palm Beach Gardens, Florida.

Versant Buys Woods-Backed Golf Simulator Company for $530M

Full Swing is the predominant technology used by TGL.
Charlie Pliner and Nikolas Rohrmann
May 22, 2026

How 2 Brown Undergrads Became Sports Dealmakers

An experimental project turned into a permanent course and business deal network.
June 5, 2026

Tottenham Boardroom Rivalry Ends With Former Chairman’s Exit

Spurs say they “don’t know anything about” the deal.
Sponsored

Josh Childress: Why Now Is the Time for NBA Expansion

Josh Childress on why he invested in the Portland Thorns, the case for NBA expansion, and donating to Stanford NIL.
Casey Wasserman, Chairperson and President of LA28, during the media conference celebrating the 1000-day countdown to LA28 at Devon Park in Oklahoma City, Monday, Oct. 20, 2025.
May 8, 2026

Wasserman Buyers Narrow as PE Conflicts Sideline Major Firms

Private-equity firm TA Associates has removed itself from the running.
April 23, 2026

Want to Own a 100-Year-Old Austrian Soccer Team for $500?

Vestible’s first team is Kapfenberger SV 1919.
April 16, 2026

How Taylor Swift’s Catalog Led Her Former Label Boss Into Sports

Scott Borchetta profited greatly from the sale of Swift’s masters.
John and Louis Antonelli
Exclusive
April 13, 2026

Chernin Group Leads Funding Round in Social Box Score App ‘Real’

The app combines live stats and play-by-play with a social media experience.