Sports
Bob Iger and Willow Bay on verge of buying majority stake in Angel City for $250 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.
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.
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.”
The Cleveland Browns, rumored to be willing to trade down from their No. 6 overall selection in the 2026 NFL draft, did just that Thursday evening when the traded the pick to the Kansas City Chiefs.
Cleveland traded the sixth overall pick in the first round of the 2026 NFL Draft to the Chiefs, in exchange for the ninth overall pick, as well as pick No. 74 in the third round and No. 148 in the fifth round.
The Browns now hold the No. 9 and No. 24 picks in the first round of the draft. They have a total of 11 picks in the 2026 NFL Draft.
Quarterbacks Shedeur Sanders and Deshaun Watson of the Cleveland Browns watch from the sidelines during a game against the Cincinnati Bengals at Huntington Bank Field in Cleveland, Ohio, on Sept. 7, 2025. (Jason Miller/Getty Images)
So the Chiefs gave up three picks in making the first trade of the first round.
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And we know what the fan bases of both clubs were thinking prior to the selection:
Chiefs fans were thinking we know something they don’t. And then the Chiefs selected cornerback Mansoor Delane from LSU — a move no doubt forced by the club’s trade of Pro Bowl cornerback Trent McDuffie to the Los Angeles Rams earlier in the offseason.
So, the Chiefs fill a major need, assuming Delane is indeed the quality corner they believe.
LSU Tigers CB Mansoor Delane celebrates a defensive stop against the Clemson Tigers at Memorial Stadium in South Carolina. (Ken Ruinard/USA TODAY Network)
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ESPN’s Mel Kiper didn’t like the pick, by the way. He had Delane as the 14th best player in the draft.
“It was a necessity,” ESPN analyst Louis Riddick, a former NFL defensive back, responded.
Browns fans weren’t thinking that way.
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They were probably thinking something akin to “We screwed up.”
This is understandable because they’re Browns fans and this could have been the Browns Browning.
Well, the Browns, moving down three slots, gave up a shot to draft linebacker Sonny Styles of Ohio State to the Washington Commanders, receiver Jordyn Tyson to the New Orleans Saints and then the Browns got their chance with the newly acquired No. 9 pick:
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Offensive tackle Spencer Fano of Utah.
Cleveland Browns general manager Andrew Berry speaks at the NFL Scouting Combine at the Indiana Convention Center in Indianapolis, Ind., on Feb. 24, 2026. (Kirby Lee/Imagn Images)
Fano is good. And he makes the Browns offensive line instantly better because he’s going to likely start at left tackle for them.
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So what will Browns fans think of this pick?
They’ll probably wonder why the Browns didn’t pick Miami’s Francis Mauigoa, who went with the No. 10 pick to the New York Giants and promised “to die for” Jaxson Dart if necessary. They’ll wonder this because Browns fans expect the worst.
UCLA women’s basketball team has added some star power as its revamped roster begins to take shape.
Former Iowa State forward Addy Brown announced Thursday she is committing to UCLA, giving the Bruins one of the top players in the portal.
Brown averaged 11.9 points, 8.8 rebounds and 5.3 assists per game while shooting 43.1% from the floor and 33.8% from three-point distance with the Cyclones last season. She played just 21 games due to injury, but she is one of the better two-way players in the nation on the transfer market.
The 6-foot-2 forward co-starred with Audi Crooks for Iowa State the past few seasons and was a part of the mass exodus from the Cyclones’ program.
The Bruins reeled in former North Carolina junior guard Elina Aarnisalo and former Texas Christian senior guard Donovyn Hunter a few weeks ago, adding two more experienced players to the depleted starting lineup after a record six UCLA players were selected in the WNBA draft.
UCLA also signed Arkansas sophomore guard Bonnie Deas earlier this month. She is likely to start at point guard for the Bruins and is one of the best rebounding guards in the nation.
Along with returner Timea Gardiner, the Bruins are starting to form somewhat of a core to defend their national championship. Gardiner was a starter during UCLA’s 2024-25 Final Four run, but missed all of this past season with injury and has one season of eligibility left.
A lineup with Deas and Aarnisalo in the backcourt, Hunter at the three and Gardiner or Brown at the four and adding another big or Sienna Betts at the five would be a competitive lineup in the Big Ten.
Before going to TCU, Hunter played two seasons at Oregon State where she earned All-Pac-12 Defensive Team honorable mention and All-Pac-12 Freshman team honors. This past season with a Horned Frogs team that went to the Sweet 16, she was third in scoring with 10.2 points per game and averaged 3.2 rebounds per contest. She also shot 45.7% from the field and was 33.7% from beyond the arc.
Aarnisalo played her freshman year in Westwood after she originally committed to UCLA in 2025. Due to injuries from point guard Kiki Rice at the start of the 2024-25 season, she was forced into action early her freshman season and finished the year averaging 5.1 points per game.
The Helsinki, Finland, native averaged 10.2 points per game for the Tar Heels as a sophomore last season while shooting 47.3% from the field and 40.3% from the arc. The Bruins will desperately need to replace the three-point production lost with the departure of Rice, Gianna Kneepkens and Charlisse Leger-Walker.
UCLA coach Cori Close said she wanted to sign five players from the portal. She probably needs one more guard and a little more forward depth coming off the bench following the departures of Gabriela Jaquez and Angela Dugalic.
Lena Bilic and Amanda Muse are returners coming off the bench who got a little bit of playing time in the tournament and should have much larger roles, but they are still relatively unproven in late-game situations. They will get a chance to develop as backups with some more Power Four experienced starters now in the fold.
Trump says there’s ‘no time frame’ to secure Iran deal
Republican Minnesota Senate candidate Tom Weiler joins ‘Fox & Friends’ to discuss President Donald Trump’s blockade in the Strait of Hormuz as the U.S.-Iranian conflict continues and react to Gov. Tim Walz’s, D-Minn., criticism of the president.
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Saudi Arabia was among the countries seeing missiles fly into their airspace as a conflict broke out in the Middle East between the U.S. and Iran.
The prospect of Iran targeting its Middle Eastern neighbors like Saudi Arabia, Bahrain, Qatar and the United Arab Emirates put some sporting events on hold and questioned others. Formula 1 races in Saudi Arabia and Bahrain were canceled and rumors swirled around whether future WWE events could be held in the kingdom.
Roman Reigns celebrates his win during WWE’s Royal Rumble at Riyadh Season Stadium in Riyadh, Saudi Arabia, on Jan. 31, 2026. (Georgiana Dallas/WWE)
As the Trump administration brokered a ceasefire with Iran, WWE announced on Thursday that its Night of Champions premium live event will be held in Riyadh on June 27.
“We are proud to welcome Night of Champions back to Riyadh and look forward to delivering another unforgettable night of WWE action for fans in the Kingdom and around the world,” General Entertainment Authority chairman Turki Al-Sheikh said in a news release.
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Sami Zayn makes his entrance during Night of Champions at Kingdom Arena in Riyadh, Saudi Arabia, on June 28, 2025. (Georgiana Dallas/WWE)
The release touted that WrestleMania 43 will still be held in Riyadh in 2027. It will be the first time that WrestleMania is held outside the U.S.
WWE president Nick Khan was adamant before WrestleMania 42 that the event will still take place in Saudi Arabia despite the ongoing conflict in the Middle East.
“We’re doing WrestleMania next year in Saudi,” he said at a Sports Business Journal event, via The Sporting Tribune. “First time ever, WrestleMania will be outside the United States or Canada. And we’ve had a big, fruitful partnership with them.”
John Cena wrestles CM Punk during Night of Champions at Kingdom Arena in Riyadh, Saudi Arabia, on June 28, 2025. (Georgiana Dallas/WWE)
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He added that those complaining about WrestleMania being held in Saudi Arabia were a “vocal minority.”
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