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Tuesday, April 7, 2026
Market Intelligence for Sports Business Professionals
WNBA prepares to add three $250M expansion teams
The league will vote by April 9 on adding franchises in Cleveland, Detroit and Philadelphia, each requiring a $250 million expansion fee. Cleveland and Detroit have already secured outside capital at post‑money valuations of $290 million and $325 million respectively, backed by owners Dan Gilbert and Tom Gores.
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Source: Pulse AI
