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WNBA's Atlanta Dream, currently co-owned by Kelly Loeffler, close to being sold, league spokesperson says
CBS Sports ^ | Jan 19, 2021 | Sam Quinn

Posted on 01/25/2021 8:45:00 PM PST by MinorityRepublican

Kelly Loeffler's ownership of the Atlanta Dream has proven extremely controversial in recent months. Loeffler, a former Republican senator from Georgia, has publicly opposed the Black Lives Matter movement and called for the depoliticization of sports. The WNBA, almost inarguably the most socially active professional sports league, has vehemently fought against Loeffler on both fronts, even campaigning for her opponent in the Georgia senate race, Reverend Raphael Warnock.

The league has fought tooth and nail to convince her to sell the team, but in the past, she had refused to do so. But now that she has lost her senate seat to Warnock, she appears to have reconsidered. A WNBA spokesman told the Atlanta Journal-Constitution that a sale of the Dream is close to being completed.

"As it relates to the Atlanta Dream, we understand a sale of the franchise is close to being finalized. Once the sale negotiation is concluded, additional information will be provided," the statement read.

(Excerpt) Read more at cbssports.com ...


TOPICS: Sports
KEYWORDS: atlantadream; kellyloeffler; loeffler; wnba

1 posted on 01/25/2021 8:45:00 PM PST by MinorityRepublican
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To: MinorityRepublican

What is a WNBA team worth $5,000??


2 posted on 01/25/2021 8:47:31 PM PST by LukeL
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To: LukeL
What is a WNBA team worth $5,000??

That much?

3 posted on 01/25/2021 8:48:44 PM PST by MinorityRepublican
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To: LukeL

Wouldn’t she have to pay somebody to take them?
Where other than sports can you have employees who turn their backs on you and wear derogatory T-shirts? Classy, “ladies”!


4 posted on 01/25/2021 8:50:35 PM PST by GnuThere
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To: MinorityRepublican

If someone was forced to sell an asset, they should be able to sue for a loss.

When your employees are openly petitioning against you, that’s a basis to fire them ...


5 posted on 01/25/2021 8:51:55 PM PST by tbw2
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To: MinorityRepublican

It’s probably worth millions as a tax write-off.


6 posted on 01/25/2021 8:52:20 PM PST by who_would_fardels_bear (This is not my current tagline.)
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To: LukeL

Has anyone ever uttered the phrase “Did you watch that game last night...?” when referring to the WNBA? Anyone not associated with the league?


7 posted on 01/25/2021 8:54:09 PM PST by ConservativeStatement (Say her name: Ashli Babbit)
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To: LukeL

Member when that NBA team was sold because the owner was being secretly recorded and he said a bunch of racist things? He made something absurd like a billion dollars in the sale. Loeffler could take a huge bath on this and not feel it because she is wealthy, but she will probably end up getting paid twice or more what it’s worth.


8 posted on 01/25/2021 9:02:02 PM PST by jz638
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To: LukeL

Women’s sports are kinda on their last legs anyway most women’s sports will be taken over by transgendered athletes in about 5 years anyway


9 posted on 01/25/2021 9:12:30 PM PST by Lod881019
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To: MinorityRepublican

Kelly Loeffler is a piece of crap. and a LOSER. the only way to redeem her WORTHLESS self, other than drinking a bottle of drano, is to get rid of ALL her ungrateful piece of crap player she-beasts, and replace them with MEN who identify as women. Then watch the league destroy itself. But Loeffler is a LOSER and a typical repugnicant. That is to say a weak loser. And she will not do what should be done.


10 posted on 01/25/2021 9:35:29 PM PST by Captainpaintball
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To: MinorityRepublican

Don’t care cubed


11 posted on 01/25/2021 9:36:43 PM PST by jrestrepo (Now I am an insurgents. Starve the beast (any way possible) )
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To: LukeL

[What is a WNBA team worth $5,000??]


I expect she’d have to pay the new owner a lot more to take it off her hands. “Sell” is just a figure of speech that wrongly implies the current owner gets paid.


12 posted on 01/25/2021 9:46:08 PM PST by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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To: GnuThere
employees who turn their backs on you and wear derogatory T-shirts?

Life is _way_ too short to put up with that garbage.

I wouldn't agree to own the team if they paid me a million bucks--not worth the headaches.
13 posted on 01/25/2021 9:48:07 PM PST by cgbg (A kleptocracy--if they can keep it.)
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To: who_would_fardels_bear

[It’s probably worth millions as a tax write-off.]


Today’s top corporate tax rate is 21%. If it’s worth millions as a tax write-off, she lost millions x 5 off its purchase price. Sunk cost, of course.


14 posted on 01/25/2021 9:48:51 PM PST by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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To: jz638

[Member when that NBA team was sold because the owner was being secretly recorded and he said a bunch of racist things? He made something absurd like a billion dollars in the sale. ]


That was the NBA.

https://en.wikipedia.org/wiki/Donald_Sterling#Racist_remarks_and_lifetime_ban

This is the WNBA, which is about as useful, for money-making purposes, as knockers on a bull.

https://www.wsj.com/articles/new-wnba-deal-will-bring-big-salary-increases-11579023759
[NBA commissioner Adam Silver said in a 2018 interview that the WNBA had lost, on average, more than $10 million in each year of its operation. ]


15 posted on 01/25/2021 9:55:13 PM PST by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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To: MinorityRepublican

Does the WNBA even matter......? Won’t it be filled with men wanting to be women? Women’s sports are dead. D.E.D. dead.


16 posted on 01/25/2021 9:57:27 PM PST by GeorgianaCavendish (If you put lipstick on a pig, it's still a democrat protestor)
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To: MinorityRepublican

My new, most fervent dream: A giant 6’ 10” blindingly white TRANS FREMALE who can dunk like a monster, demands to get on a WNBA team. Oh, dats bees raccisssssss or something!


17 posted on 01/25/2021 10:54:47 PM PST by Pigsley
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To: GeorgianaCavendish

Many young black women will soon be out of jobs due to the left’s stupidity. Wonder who they are going to blame for their having to get food stamps/EBT cards?

Guess my early WNBA cards might be worth something. Today’s cards are tomorrow’s recycled paper.


18 posted on 01/26/2021 2:55:52 AM PST by MadMax, the Grinning Reaper
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