WNBA's NY Liberty Reportedly Valued at Record $450M After Raising New Capital

The New York Liberty reportedly are now the highest-valued women's sports franchise in history.

According to Ben Pickman of The Athletic, the Liberty are valued at $450 million after raising capital from a group of investors, which "is believed to be a record across professional women’s sports and is more than double that of the last publicly known capital raise made by a WNBA franchise."

Pickman noted that the deal is still subject to league approval, and it is not yet clear how many investors were involved in raising the capital. Sources told Pickman that the total size of the shares sold is believed to be a percentage in the "mid-teens." The money reportedly "is believed to be part of a capital raise to help build a new practice facility."

The Liberty won their first WNBA championship in franchise history in October.

Their new practice facility is projected to open in 2027 and will feature two full practice courts, a private suite for each player instead of traditional lockers, a full recovery suite, an in-house hair and makeup studio and a two-story strength training room, among other amenities.

The Liberty won their season opener against the Las Vegas Aces and will be in action on Thursday night against the Chicago Sky.