Report: San Diego Wave Being Sold for League-Record $113 Million

Report: San Diego Wave Being Sold for League-Record $113 Million
San Diego Wave forward Alex Morgan warms up before the NWSL championship semifinal game against the OL Reign at Snapdragon Stadium in San Diego on Nov 5, 2023. Ray Acevedo/USA TODAY via Field Level Media
|Updated:

The San Diego Wave of the National Women’s Soccer League is being sold in a deal that places the club’s value at $113 million, Sportico reported Thursday.

Billionaire Ron Burkle is selling the club to the Levine Leichtman family in a two-part deal that could later place the transaction at $120 million. Burkle paid a $2 million expansion fee for the club before it began NWSL play in 2022.