Disney's Iger and Wife Willow Bay to Buy LA Women's Soccer Club.

Walt Disney Co. CEO Bob Iger and his wife Willow Bay are purchasing a controlling stake in the Los Angeles women's soccer team, Angel City Football Club, for $250 million, making it the most valuable women's sports team globally. Bay, the dean of the University of Southern California's journalism and communications school, expressed her admiration for the team and its success. The growing interest in women's sports, along with the team's potential for growth, motivated the couple's investment. The team was founded in 2020 by actor Natalie Portman, venture capitalist Kara Nortman, and entrepreneur Julie Uhrman, and it generated the highest revenue of any women's sports team in 2023. [Extracted from the article]