The NWSL’s new Bay Area expansion team is already setting records.

When Angel City FC and San Diego Wave FC joined the league as the most recent expansion teams, their ownership groups paid fees of between $2 million and $5 million. Just one year after those teams played their first games, the investors in the Bay Area team have committed to a record expansion fee of $53 million. 

The investor group, led by Sixth Street, former Facebook executive Sheryl Sandberg and former Golden State Warriors president Rick Welts – as well as USWNT legends Brandi Chastain, Aly Wagner, Danielle Slaton and Leslie Osborne – plan to invest $125 million from the start, including the expansion fee and a $40 million practice facility.

The club is set to begin play in 2024, with further details set to be announced at a later date.

Nine months of research led to the investment, Sixth Street co-founder and CEO Alan Waxman said, which showed that “everything that indicates something is structurally undervalued was flashing green, on every vector.”

“There’s a bigger structural trend here, where the economics have not yet caught up with reality,” Waxman told Sportico. “The data is just popping off the page.”

The $53 million expansion fee marks a significant increase from Angel City and San Diego, and even from the reincarnation of the Utah Royals. The return of the Royals, also set for the 2024 season, came with a fixed fee of between $2 million and $5 million, set several years ago by former NWSL commissioner Lisa Baird.

Since then, the league’s value has ballooned. Last August, Angel City was valued at more than $100 million, and the Washington Spirit ($35 million) and Gotham FC ($40 million) also saw their valuations increase.

In December, it was reported that an investor group planned to submit an offer for the majority stake in the Portland Thorns at a $60 million valuation. No deal has been finalized yet.

The NWSL had a number of bids to sort through in their most recent round of expansion decisions, with the Bay Area group being one of the most high-profile. As the league grows, investment is expected to grow as well. 

“The number of bids and the increase in the league’s expansion fees are indicative of both the demand that exists for women’s soccer in the professional sports landscape and the validated growth trajectory of our league,” NWSL commissioner Jessica Berman said in a statement.

And, of course, Sixth Street expects the investment in women’s sports to grow to the point that the firm and its investors will make money. 

“In five years,” Waxman said, “people are going to be saying, ‘Why wasn’t this so obvious when it was happening?'”

Caitlin Clark made a surprise appearance on “Saturday Night Live” over the weekend, which quickly went viral.

The Iowa star showed up on the show’s Weekend Update segment to playfully call out Michael Che’s history of making jabs at women’s sports.

It started when Che joked that Iowa should replace Clark’s retired No. 22 “with an apron.” 

When Clark entered, Che said that he was a fan. But Clark wasn’t convinced – especially not when co-host Colin Jost brought the receipts of Che’s jabs.

“Really, Michael? Because I heard that little apron joke you did,” she said, before making him read some jokes of her own in retaliation. Clark finished her segment by shouting out the WNBA greats that came before her. She then got in one final dig – bringing Che a signed apron as a souvenir. 

She’s got jokes 😎@CaitlinClark22 on @nbcsnl #Hawkeyes

pic.twitter.com/54khqQw2MR

— Iowa Women's Basketball (@IowaWBB) April 14, 2024

When Che promised to give it to his girlfriend, Clark delivered her last playful dig of the night.

“You don’t have a girlfriend, Michael,” she said.

Afterward, SNL castmember Bowen Yang told People that the 22-year-old and teammates Gabbie Marshall, Kate Martin and Jada Gyamfi – who joined her at Studio 8H – “were so cool.”

“She's so charming and witty,” Yang said. “They were just the most stunning, noble people.

“Athletes just have this air about them. They know they're amazing. I mean, these are people who have numeric attachments and values to their performance. That's something that comedians never have.”

The Portland Thorns continue to struggle to start the NWSL season, falling 2-0 to the North Carolina Courage over the weekend to remain winless through their first four games. 

It’s uncharted territory for Portland, who has never started the NWSL regular season without a win in four games before.

Following the loss, defender Becky Sauerbrunn voiced her frustrations with the start. 

“It’s hard to find a lot of encouraging things, but what I find encouraging is that people are frustrated,” she said. “People are pissed off that we’re not doing well. We care, and I think that’s really important.” 

She also added that while the team will reflect individually, “there’s going to be no finger pointing.”

“We’re going to look at ourselves and figure out what we should have done, or I should have done better,” she said. “There is a list of things that I could have done better, and I’m going to make sure I know every single thing and watch this game back.”

The Thorns currently sit at the bottom of the league table with just one point, having allowed 10 goals – tied for the worst in the league. They’ve yet to lead in a match. And as questions grow, attention turns to head coach Mike Norris. 

Norris is in his second year as head coach of the club after leading the team to a second-place finish in the regular season last year. When asked about the possibility of pressure growing after the unprecedented start, Norris said that the pressure has been there “from day one.”

“I cannot be driven by my day-to-day and the longer vision of the pressure of the job,” he said. “We’ve got a belief in how we want to play, how we operate. We’ve got to stick with the process of that. While we do it, we have to review and see what is working, what’s not working.

“I’ll be showing up for the team and being there for what they need from me as we approach getting back together as a group next week.”

Maria Sanchez, who signed one of the biggest deals in NWSL history just four months ago, has reportedly requested a trade from the Houston Dash. 

ESPN was the first to report the news, which was confirmed by multiple sources.

In a statement to ESPN, the team said: “​​Maria Sanchez is under contract, a choice she made in free agency at the end of 2023." 

In December, Sanchez signed a new three-year contract with the Dash worth $1.5 million including bonuses and an option year. At the time, it was the largest contract in NWSL history – something that was eclipsed by multiple contracts in the following months. 

The winger was a restricted free agent in the offseason, meaning that Houston could match any offer from another team and retain her rights. Should the team trade Sanchez, her contract would remain as it has been signed with the league. That limits the number of teams that could take on her contract. 

In three starts with the Dash this season, Sanchez has zero goals and an assist. The Dash are 1-2-1 through four games and have allowed a league-worst 10 goals.

The team hired a new coach, Fran Alonso, in December. Earlier this year, former goalkeeper coach Matt Lampson was fired for violating the league’s Coach Code of Conduct and Anti-Fraternization policy. 

Both the NWSL trade window and transfer window close at midnight ET on Friday.

Canada got its revenge on Sunday, winning the 2024 IIHF Women’s World Championship and taking down the U.S. in a 6-5 overtime classic.

Marie-Philip Poulin, a longtime star for Canada, got her first two goals of the tournament, while Danielle Serdachny had the game-winner. 

GOLD FOR CANADA! DANIELLE SERDACHNY WINS IT IN OVERTIME! #WomensWorlds pic.twitter.com/fHmqUmHoGw

— TSN (@TSN_Sports) April 15, 2024

"I hate to say you're not trying to rely on it, expect it, but I know I've grown to expect it," Canada coach Troy Ryan said of Philip-Poulin. "Tonight was just a whole other level. I could see in her eyes every time we called her name that she was ready to go. It's just special."

The win came after Canada lost 1-0 to the U.S. in the group stage of the tournament. On Sunday, the two teams met for the 22nd time in 23 tournaments in the gold medal game – and the action between the two teams delivered. 

Among those scoring for the U.S. were Megan Keller, Alex Carpenter, Hilary Knight, Laila Edwards and Caroline Harvey. Julia Gosling, Emily Clark and Erin Ambrose had the other three goals for Canada, giving them their 13th World title after falling to the U.S. in last year’s title game in Toronto. 

This year’s game was held in New York, and it was the second-highest scoring final between the two teams. The U.S. won a world championship 7-5 in 2015. 

"Oh man, that feels good to win it on U.S. soil," Canada goalie Ann-Renee Desbiens said after the game. "We owed it to them and owed it to ourselves to win that one."

Canada also denied Knight a record 10th World Championship win, although she did become the most decorated player in women’s world championship history with 14 medals. After the game, Poulin gave Knight a hug on the ice. 

"We just said 'that was unbelievable,'" Poulin said.

U.S. coach John Wroblewski echoed the sentiment that it was an outstanding game after being asked about ending the game on a power-play after leaving too many players on the ice. 

"Instead of talking about the isolated events of tonight's game, I think that normally that's an interesting storyline,” he said. “But I think the entity of an amazing 6-5 game is an amazing hockey game that took place."