September 5, 2024 – National Women’s Soccer League (NWSL)
Washington Spirit News Release
Washington, D.C. – The Washington Spirit announced today that Earvin “Magic” Johnson has joined the club’s investor group. Johnson, a five-time NBA champion and successful entrepreneur, brings his considerable sports and business expertise to the Spirit. This strategic investment comes as the Spirit continues to expand its influence in women’s professional sports. Johnson’s involvement will help accelerate the club’s growth both on and off the field.
“It is a great honor to welcome Earvin to the Washington Spirit today. From the basketball court to the boardroom, Earvin knows how to win, and we are delighted to count on his expertise as part of our fantastic investor group,” said Michele Kang. “His commitment not only reflects the strength of our club, players, fans and brand, but also sends a powerful message about the growth and impact of women’s sports globally. Together, we look forward to taking the Washington Spirit to new heights and inspiring the next generation of young women and girls worldwide.”
Johnson, the Chairman and CEO of Magic Johnson Enterprises, holds partial ownership in the Washington Commanders (NFL), Los Angeles Dodgers (MLB), Los Angeles Sparks (WNBA), Los Angeles FC (MLS) and eSports franchise Team Liquid. He is a business maverick, consistently turning heads with groundbreaking partnerships that prioritize ventures serving historically underserved markets and that are catalysts for redevelopment in urban communities.
“I’m excited to join the Washington Spirit’s investor group at such a pivotal time in the club’s history,” said Johnson. “Partnering with a visionary like Michele Kang and her team to advance the growth of the Washington Spirit and the NWSL is an incredible opportunity. I’m excited to join the team and play my part to help elevate this organization.”
Johnson’s investment comes at a pivotal moment in the Washington Spirit’s trajectory, underscoring the transformative impact of Michele Kang’s leadership in women’s sports. Since acquiring the team in early 2022, Kang has spearheaded a remarkable turnaround that has positioned the Spirit as a model club in the NWSL and women’s sports.
Under Kang’s visionary direction, the Spirit has seen unprecedented growth as fan engagement has skyrocketed with average attendance at Audi Field nearly tripling from approximately 5,000 to almost 14,000 in just two years. Kang’s investment in the team…