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Bob Iger and Willow Bay on verge of buying majority stake in Angel City for $250 million

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Bob Iger and Willow Bay on verge of buying majority stake in Angel City for 0 million

Walt Disney Co. chief executive Bob Iger and his wife Willow Bay, dean of the USC Annenberg School of Journalism, are close to completing a deal that would see them invest $250 million in Angel City FC, nearly doubling the value of the most valuable women’s sports franchise in the world.

Dylan Byers, of the news website Puck, was first to report on the negotiations, were which confirmed to The Times by two people with knowledge of the investment, but who are not authorized to speak about it on the record. The transaction could be completed quickly, with Bay and Iger replacing Reddit co-founder Alexis Ohanian as the team’s controlling shareholder.

Ohanian was also the team’s representative on the NWSL Board of Governors. It was not immediately clear Tuesday who would assume that role.

Angel City officials declined to comment.

Last fall, Ohanian, Angel City’s lead investor and one of its four primary owners, raised objections to the team’s profligate spending. Angel City had by far the most revenue in the NWSL last year at $31 million, but it is also spending the most, leaving it years away from profitability.

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The resulting six-month feud ultimately led the team’s board to hire Moelis & Co., a New York investment bank, to manage a sale of the NWSL club.

According to the online site Semafor, the investment from Bay and Iger has a pre-capital valuation of $250 million. The team now values itself at $300 million, Semafor said. That’s $120 million more than the valuation Sportico gave the club last October and nearly 5 1/2 times the average 2023 valuation of the other 11 NWSL clubs.

Angel City FC was launched four years ago by actress Natalie Portman, venture capitalist Kara Nortman and entrepreneur Julie Uhrman, who quickly recruited more than 100 other investors from Hollywood and the sports world. The vast majority of the team’s investors are women, giving the team the largest female-led ownership group in pro sports history. That made Bay’s role in the investment particularly important to many of the owner/investors who had to sign off on the deal.

Iger and Bay attended Angel City’s home game against Orlando on Sunday, one Angel City (4-8-3) lost, falling to 11th in the 14-team league standings.

Investors have been flocking into women’s sports in the last couple of years, with global investment firm Sixth Street backing Bay FC, the expansion team in Northern California, the Levine Leichtman family, who jointly manage the investment firm Levin Leicthman Capital Partners, buying the San Diego Wave in March for a record $120 million and Laura Ricketts, co-owner of baseball’s Chicago Cubs, buying the Chicago Red Stars last summer.

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Nearly every NWSL team has undergone an ownership change or welcomed significant new investment in the last four years, giving the league more billionaire backers than at any time in its history.

“The industry, the sports industry, recognized that women’s sports were a good investment,” said Cheryl Cooky, a professor of women’s, gender and sexuality studies at Purdue. “And so they’re also sort of joining the bandwagon.”

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Raiders trade Maxx Crosby to the Ravens for two first-round draft picks

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Raiders trade Maxx Crosby to the Ravens for two first-round draft picks

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The Las Vegas Raiders and the Baltimore Ravens made a blockbuster trade ahead of the start of NFL free agency. 

Las Vegas is trading five-time Pro Bowl edge rusher Maxx Crosby to the Baltimore Ravens, per multiple reports.

Las Vegas Raiders defensive end Maxx Crosby (98) against the Arizona Cardinals during a preseason NFL game at State Farm Stadium on Aug. 23, 2025. (Mark J. Rebilas/Imagn Images)

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The Raiders will receive two first-round picks from the Ravens, including the No. 14 overall pick in next month’s NFL draft, one report said.

The 28-year-old Crosby had 10 sacks last season and has reached double digits four times in his seven seasons.

Las Vegas Raiders defensive tackle Jonah Laulu (96) and defensive end Maxx Crosby (98) celebrate during the second half of an NFL football game against the Houston Texans in Houston, Texas, on Dec. 21, 2025. (Ashley Landis/AP Photo)

The Raiders last appeared in the playoffs back in 2021 but have gone 7-27 over the past two seasons. They have the No. 1 pick in the 2026 draft, which is expected to land them Indiana quarterback Fernando Mendoza.

The Ravens, meanwhile, are entering a new era, after firing longtime head coach John Harbaugh and replacing him with former Chargers defensive coordinator Jesse Minter.

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Maxx Crosby of the Las Vegas Raiders sniffs smelling salts during an NFL game between the Las Vegas Raiders and Denver Broncos at Empower Field At Mile High on November 20, 2022 in Denver, Colorado. (Michael Owens/Getty Images)

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The Associated Press contributed to this report. 

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Prep sports roundup: El Camino Real baseball defeats San Fernando on walk-off balk

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Prep sports roundup: El Camino Real baseball defeats San Fernando on walk-off balk

Two top City Section baseball teams, El Camino Real and San Fernando, faced off Friday in a pitcher’s duel that went eight innings.

Senior Ray Pelayo of San Fernando kept throwing strikes, keeping El Camino Real off balance for 7⅔ scoreless innings with eight strikeouts and one walk. But then came a balk that scored the winning run in El Camino Real’s 1-0 victory.

Hudson December threw six scoreless innings for El Camino Real and Andrew Katzman struck out three in two scoreless innings.

South Torrance 4, El Segundo 3: In a battle of unbeaten Pioneer League teams, South Torrance (6-0) received a walk-off single from Owen Rhodes in the bottom of the seventh. El Segundo tied it 3-3 in the top of the seventh on a two-out, three-run home run by Chase Mattoon. Issac Orozco struck out nine in five innings and also homered for the Spartans.

Crespi 3, Saugus 2: Justin Kim had two RBIs for the Celts.

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Sylmar 7, Legacy 1: Rickee Luevano threw a two-hitter with nine strikeouts.

Sierra Canyon 12, West Ranch 1: Isaias Tirado hit a three-run home run and four pitchers combined to give up five hits.

Mater Dei 15, Rockwall-Heath (Texas) 1: Ezekiel Lara had three hits and five RBIs in Texas. Earlier, the Monarchs gave up seven runs in the third inning of an 8-1 loss to Rockwall-Heath.

St. John Bosco 1, Gahr 0: Star closer Jack Champlin got a strikeout to end the game, finishing two shutout innings of relief. Champlin drove in the game’s only run with an RBI double in the sixth inning. Julian Garcia struck out six with no walks in five innings for St. John Bosco.

San Juan Hills 11, Cypress 0: Garrett Gandolfo threw five scoreless innings with seven strikeouts and Clay Riggs contributed three RBIs for San Juan Hills.

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Santa Margarita 1, Damien 0: Warren Gravely IV had the only RBI in the Eagles’ win. Tyler Unter struck out six in five shutout innings.

Garfield 9, Cleveland 7: Omar Martinez had three hits and Victor Alvarez drove in three runs for Garfield. Joshua Pearlstein finished with three hits for Cleveland.

Palos Verdes 8, West Torrance 0: Kai Van Scoyoc struck out nine in five innings and Asher Friedman had a home run and a double for Palos Verdes.

Valencia 12, Chatsworth 0: An eight-run second inning helped lead the Vikings to a five-inning win.

Bishop Amat 13, Gardena Serra 2: Joaquin Ortiz finished with three hits and four RBIs.

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Corona Centennial 19, Eastvale Roosevelt 3: Devin Bishop and Emiliano Castaneda each hit home runs for Centennial.

Servite 6, Anaheim Canyon 1: Mickey Cabral went three for four and Cole Grothues struck out three in 2⅓ innings of scoreless relief.

Corona Santiago 5, Crean Lutheran 4: Jonathan Thorton delivered three hits and two RBIs for the Sharks.

Fullerton 1, Chaparral 0: Garrett Wrightman threw four innings of scoreless relief and Caleb Brown had an RBI double in the third inning for Fullerton.

Edison 11, Tesoro 7: Ben Wilson hit a grand slam and finished with five RBIs for Edison.

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El Dorado 10, Granada Hills 4: Lorenzo Favela hit a three-run home run to lead El Dorado.

Ayala 7, San Dimas 1: Caleb Trugman struck out nine with zero walks in a complete game.

Loyola 14, Venice 1: Wyatt Clougherty had three hits and Luca Marucci contributed three RBIs for Loyola.

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Norco 5, Torrance 0: Coral Williams struck out 10 in six innings. Leighton Gray and Rae Logue hit home runs.

Garden Grove Pacifica 4, Anaheim Canyon 2: Natalia Amezquita had a two-run single for Pacifica.

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Orange Lutheran 7, Perry 1: Mia Scott had four RBIs for the Lancers.

Sherman Oaks Notre Dame 15, Culver City 0: Ellayne Tellez-Perez had three hits and five RBIs.

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Chargers’ Justin Herbert gushes over Madison Beer in heartfelt birthday tribute: ‘Changed my life forever’

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Chargers’ Justin Herbert gushes over Madison Beer in heartfelt birthday tribute: ‘Changed my life forever’

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Los Angeles Chargers quarterback Justin Herbert gushed over 27-year-old singer Madison Beer in a heartfelt birthday tribute on social media, offering fans a rare glimpse into the couple’s relationship. 

The two-time Pro Bowl quarterback, who normally shies away from the public eye, posted a series of photos to his Instagram Stories on Thursday. 

Justin Herbert of the Los Angeles Chargers warms up prior to a game against the Philadelphia Eagles at SoFi Stadium on Dec. 8, 2025 in Inglewood, California. (Katelyn Mulcahy/Getty Images)

“Happy birthday to my favorite person of all time,” Herbert wrote in a post that showed the couple on the sidelines of one of his NFL games. “I love you so much. You’ve changed my life forever.”

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In another photo appearing to show the couple out to dinner, Herbert wrote, “I am the luckiest guy alive…”

Herbert, who turns 28 later this month, shared another photo of the “Make You Mine” artist petting goats and captioned the photo, “My goats.”

The couple was first linked together in August when they were spotted together on the set of one of Beer’s music videos in Los Angeles. Herbert and Beer were photographed in October on the sidelines of a Chargers game at SoFi Stadium, seemingly confirming the dating rumors. 

Quarterback Justin Herbert of the Los Angeles Chargers and singer Madison Beer attend an NBA game between the Los Angeles Lakers and the Minnesota Timberwolves at Crypto.com Arena in Los Angeles, California, on Oct. 24, 2025. (Kevork Djansezian/Getty Images)

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The same month, Herbert went viral after blocking a rogue basketball from hitting Beer when the two sat courtside at a Los Angeles Lakers game.  

Herbert signed a five-year, $262.5 million extension with the Chargers in July 2023. Despite proving himself to be one of the elite young quarterbacks in the NFL, Los Angeles’ offensive struggles have seen the team fall short in back-to-back playoff appearances.

Quarterback Justin Herbert (10) of the Los Angeles Chargers blocks a basketball from hitting Madison Beer as they attend a basketball game between the Los Angeles Lakers and the Minnesota Timberwolves at Crypto.com Arena in Los Angeles, California, on Oct. 24, 2025. (Kevork Djansezian/Getty Images)

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 The team’s offensive coordinator, Greg Roman, was fired in January and replaced with former Miami Dolphins head coach Mike McDaniel, who is regarded as one of the top offensive minds in football. 

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Justin Herbert goes viral for saving Madison Beer from flying basketball at Lakers game amid romance rumors

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