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Source:
Los Angeles Times
Bob Iger's Angel City stake and Lakers acquisition
Bob Iger and his wife, Willow Bay, acquired a controlling stake in Angel City FC in 2024, elevating its valuation to $250 million, making it the most valuable women’s professional sports franchise. Despite significant investment and resource infusion, the team has experienced declining attendance, no playoff appearances, and lacks star players, while management changes and leadership adjustments continue. Iger’s partnership in Angel City may indicate future management strategies for his proposed purchase of the Lakers.
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