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Home Business Kelly Loeffler Sells WNBA's Atlanta Dream to Investor Group That Includes Former...

Kelly Loeffler Sells WNBA’s Atlanta Dream to Investor Group That Includes Former Dream Player Renee Montgomery



It’s official! After BLACK ENTERPRISE reported again in January that the Atlanta Dream WNBA franchise was near being offered and former Georgia Sen. Kelly Loeffler could have no affiliation with the workforce after the sale, the workforce is out of her arms!

The WNBA and NBA Boards of Governors have introduced that they’ve unanimously authorized the sale of the Atlanta Dream to Larry Gottesdiener, chairman of Northland, an industry-leading nationwide actual property agency. The investor group for the Atlanta Dream franchise consists of Gottesdiener, Northland President and Chief Working Officer Suzanne Abair, and former Dream basketball participant Renee Montgomery.

“With the unanimous WNBA and NBA votes, right now marks a brand new starting for the Atlanta Dream group and we’re more than happy to welcome Larry Gottesdiener and Suzanne Abair to the WNBA,” mentioned WNBA Commissioner Cathy Engelbert in a written assertion. “I like their ardour for girls’s basketball, however extra importantly, have been impressed with their values. I’m additionally thrilled that former WNBA star Renee Montgomery will probably be becoming a member of the possession group as an investor and government for the workforce. Renee is a trailblazer who has made a significant affect each within the sport and past.”

With the sale to the group, two-time WNBA champion Montgomery turns into the primary former participant to grow to be each an proprietor and government of a WNBA workforce. She not too long ago sat out the 2020 season to give attention to social justice points and not too long ago introduced she has retired from the league after 11 seasons.

“My Dream has come true,” mentioned Montgomery. “Breaking limitations for minorities and girls by being the primary former WNBA participant to have each a stake in possession and a management position with the workforce is a chance that I take very significantly. I invite you to hitch me because the Dream builds momentum in Atlanta!”

Mary Brock and Kelly Loeffler additionally added, “Ten years in the past we stepped as much as hold the Dream in Atlanta, as an necessary asset for a vibrant and various metropolis. It was additionally necessary to us to assist degree the taking part in area for girls’s skilled sports activities. We’re pleased with what we achieved and need the workforce properly of their subsequent chapter. We’ll all the time worth the arduous work and dedication, and the recollections, followers, and friendships that sustained our dedication to the Atlanta Dream during the last decade.”





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