Three friends bought the Seattle Storm in 2008 for $10 million and vowed to run it like a business. Now the team is worth $151 million [Fortune]
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Source: Fortune
year, and the owners of the Seattle Storm run their team like a business. Have a restful weekend! – Business of basketball. Every day, it seems, more money is pouring into women's sports. Across soccer and basketball, billionaire owners are starting and revitalizing franchises from the New York Liberty to Gotham FC In Seattle, a group of WNBA owners has been doing things differently for 17 seasons. Lisa Brummel, Ginny Gilder, and Dawn Trudeau teamed up to buy the Seattle Storm in 2008 for $10 million when Seattle's former NBA team, the SuperSonics, were moving to Oklahoma City and put the women's team on the block. The trio weren't billionaires, but a group of basketball fans, feminists, and executives with a passion for the Storm—and who wanted to see the team stay in Washington. Brummel was a 25-year veteran of Microsoft, where she ran human resources; Trudeau was also a Microsoft alum. Gilder was an investor seeking more connection to a community of women in Seattle. Just thi
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