Angel City welcomed four new owners on Monday, as NBA star Chris Paul headlines four high-profile investors buying into the 2022 NWSL expansion side under the leadership of controlling owner Willow Bay.
A 12-time NBA All-Star, Paul is joined by fellow NWSL investors philanthropist Solina Chau, organizational development consultant Ina Coleman, and entrepreneur Paul Bernon.
"Chris, Solina, Ina, and Paul exemplify the values and vision that define ACFC," said Bay in a club statement. "Their outstanding leadership across business, sport, advocacy, and social impact makes them ideal partners as we continue building a world-class club that is forward-thinking, inclusive, and ambitious."
"It's an incredible honor to join Angel City FC as an investor and owner," Paul said on Monday. "Being able to join ACFC is not only an amazing opportunity, it's a chance to support women's sports and help drive positive change."
Valued at upwards of $250 million, Angel City has long been a draw for celebrity co-owners. The investor roster includes tennis legend Billie Jean King, singer Christina Aguilera, and actors Natalie Portman, Jennifer Garner, and America Ferrera.
Despite the big-name backers, ACFC currently sits 11th in the 2025 NWSL standings with just four matches left on the year. The team is in danger of missing the playoffs for the second straight season.
USWNT rising star Alyssa Thompson is officially on her way to London, with the NWSL's Angel City and WSL side Chelsea FC finalizing the 20-year-old's reported £1 million transfer ahead of the UK league's 2025/26 season kick-off on Friday.
The two clubs reached a verbal agreement with Thompson readying to ink a five-year contract on Thursday, just hours before the WSL's 6 PM ET transfer window closure — with six-time reigning league-winners Chelsea set to open their next WSL campaign against Manchester City in a mere 24 hours.
Chelsea has been aggressive in the transfer market this year, as the WSL titan fields mounting pressure from clubs eager to upend the top of the table.
Second-place 2024/25 finishers Arsenal enter the season as UWCL champions, coming off Canadian star Olivia Smith's splashy £1 million transfer while also signing Smith's former Liverpool teammate Taylor Hinds.
Man City will also be looking to better their fourth-place 2024/25 run, hoping for a healthy Bunny Shaw to combine with Dutch phenom Vivianne Miedema while adding ex-Arsenal defender Laura Wienroither and decorated German midfielder Sydney Lohmann to their ranks.
This weekend's WSL action will also feature the newly promoted London City Lionesses, kicking off their top-flight entry against Arsenal on Saturday.
Backed by US-based multi-team owner Michele Kang, London City has also been busy this offseason, bringing on a laundry list of talent including midfielder Daniëlle van de Donk (OL Lyonnes) and forward Nikita Parris (Brighton) plus their own Angel City finds in midfielder Katie Zelem and defender Alanna Kennedy.
How to watch the Barclays WSL season kick-off this weekend
The 2025/26 WSL action kicks off with Chelsea hosting Manchester City at 2:30 PM ET on Friday, before league debutants London City visit Arsenal at 8:30 AM ET on Saturday.
Currently, WSL matches will likely stream live on YouTube, though an official US media partner has not yet been announced.
The first-ever NWSL Rivalry Weekend went off with a bang, with the Portland Thorns emerging as the slates's biggest winner following a definitive 4-2 victory over the Seattle Reign on Sunday.
Four different Thorns goal-scorers found the back of the net to extend Portland's home unbeaten streak to 10 matches.
"Rivalry games are like no other, and to be able to score in front of this crowd was such a great feeling," said Portland forward Pietra Tordin after registering the Thorns' fourth and final goal.
Even more, the result saw the Thorns leapfrog the Reign to claim fifth place in the NWSL standings — the only match to to shift the table all weekend as the bulk of the action ended in draws.
On Saturday, the No. 3 Washington Spirit and No. 8 Gotham FC saw the fireworks fizzle out in a scoreless draw, while a second-half stoppage-time equalizer from No. 11 Angel City's Alanna Kennedy secured the LA side a 1-1 draw with the No. 4 San Diego Wave.
The only other teams to tally three points were Friday victors No. 1 Kansas City and No. 12 Houston, with the Current picking off the No. 14 Utah Royals 1-0 behind star striker Temwa Chawinga's record-breaking goal while the Dash downed the recently coach-less No. 9 North Carolina Courage 2-1.
Call it competitive or call it cagey, but teams across the league have kept scorelines tight and tidy since the NWSL returned to play this month.
2025 NWSL standings: Week 15
1. Kansas City Current (13-2-0)
2. Orlando Pride (8-4-3)
3. Washington Spirit (8-4-3)
4. San Diego Wave FC (7-3-5)
5. Portland Thorns FC (7-4-4)
6. Seattle Reign FC (7-5-3)
7. Racing Louisville FC (6-6-3)
8. Gotham FC (5-5-5)
9. North Carolina Courage (5-6-4)
10. Bay FC (4-6-5)
11. Angel City FC (4-7-4)
12. Houston Dash (4-8-3)
13. Chicago Stars FC (1-9-5)
14. Utah Royals (1-11-3)
The final NWSL weekend heading into the league's six-week summer break has arrived, giving teams one more chance to prove themselves before regular-season play pauses to make way for major international tournaments.
With a five-point gap separating No. 1 Kansas City from No. 2 Orlando in the NWSL standings, the Current will enter the break as the 2025 Shield frontrunners regardless of this weekend's results.
Despite Kansas City's grip atop the table, there's still plenty of room for movement both above and below the postseason cutoff line, as clubs across the NWSL look to wrap their midseason finales on a high note:
- No. 1 Kansas City Current vs. No. 10 Angel City FC, Friday at 8 PM ET (Prime): Angel City has a shot at launching themselves above the cutoff line on Friday, but they'll have to snap the Current's five-game winning streak to make it happen.
- No. 8 Gotham FC vs. No. 9 Bay FC, Saturday at 7:30 PM ET (ION): Gotham and Bay FC enter the weekend tied on points while staring at each other from on opposite sides of the playoff line — meaning a Saturday win for either club could set the tone for the rest of the 2025 season.
- No. 3 San Diego Wave FC vs. No. 4 Washington Spirit, Sunday at 10 PM ET (CBS Sports): The weekend's only top-table clash could see San Diego sprint back into second place — unless Washington leapfrogs the upstart Wave to claim the third-place spot.
Women's teams are big business, with global sports business conference SPOBIS International reporting this week that average WNBA franchise valuations rose to $90 million in 2024, while NWSL clubs weighed in at $104 million — doubling their 2023 mark.
In May, the reigning WNBA champion New York Liberty sold shares at a $450 million valuation, qualifying them as the world's most valuable women's sports team.
SPOBIS's top five includes the WSL's Chelsea FC ($326 million) alongside NWSL side Angel City FC ($250 million), the WNBA's Dallas Wings ($208 million), the Kansas City Current ($182 million), and the Las Vegas Aces ($140 million).
US women's sports teams hold a key advantage in the race to the top of the valuations table, with WNBA and NWSL squads able operate independently from men's systems.
Having separated from their men's side last year, Chelsea FC was the only non-US team to make the list, bolstered by Reddit co-founder Alexis Ohanian's $26.6 million purchase of a 10% stake in the 2024/25 WSL champs last month.
Other European teams in line for similar value boosts include OL Lyonnes and the London City Lionesses, both independently owned and operated by Washington Spirit owner Michele Kang.
With many factors contributing to a team's overall value — namely capital, media deals, viewership, ownership structures, and popularity — it's tough to predict the next big thing in women's sports, but these numbers point to a red-hot market across major pro leagues.
According to a Thursday report from The Athletic, shares of the New York Liberty were recently sold at a $450 million valuation, making the reigning WNBA champions the most valuable franchise in women's sports.
Valued at $130 million just last year, the Liberty's new record-breaking worth is over 30 times what majority owners Joe and Clara Wu Tsai paid for the team in January 2019.
The shares in the multi-investor purchase account for an ownership percentage in the "mid-teens," with the capital intended to help fund an $80 million state-of-the-art training facility near the team's Barclays Center home in Brooklyn.
Growing investment in women's sports fuel high valuations
New York's valuation more than doubles the last-known WNBA capital raise, when the Dallas Wings sold 1% of their franchise at a $208 million valuation last August.
The NWSL's Angel City FC previously held the top mark in women's sports, valued at $250 million in last summer's sale to USC dean Willow Bay and her Disney CEO husband, Bob Iger.
Earlier this month, however, WSL champs Chelsea FC surpassed the LA club behind a $26.6 million investment from Reddit co-founder and tennis icon Serena Williams's husband, Alexis Ohanian.
With varied sources placing Ohanian's stake between 8% and 10%, the Blues valuation in that transaction lands in the $265 million to $331 million range — still trailing the Liberty by a hefty margin.
According to Wu Tsai, this is just the beginning, with the business leader boldly predicting blockbuster growth for her Brooklyn team — and the WNBA at-large — at a May 2024 event.
"I believe that in 10 years — or less — I'll be able to come back here to tell you how we turned the New York Liberty into the world's first billion-dollar women's sports franchise," she said.
In this week's episode of The Late Sub, host Claire Watkins examines the individual standouts of the first third of the 2025 NWSL season, offering her early shortlist of players making strong cases in the league's MVP race.
As defenses continue to find their stride, league scoring is paving the way in the 2025 season so far, leading Watkins to put forth four top attackers, calling them "the most established, the most consistent" MVP candidates.
First, Watkins digs into Kansas City's Debinha, who sits second in the NWSL Golden Boot race with five goals and an assist through eight 2025 matches.
A two-time league champion and three-time Shield-winner with her previous club, the North Carolina Courage, Debinha already owns the 2019 MVP title in addition to two Challenge Cup MVP trophies.
Calling her "the big glitzy comeback story on what is right now the best team in the league," Watkins notes that Debinha is "a killer playmaker [with] a talent for exploiting space [and] finishing her own chances, while also making her teammates better."
Joining Debinha as an early MVP frontrunner is Gotham FC's Esther. With seven goals in nine games, the 2023 NWSL champ and 2023 World Cup winner tops the 2025 Golden Boot leaderboard thanks to her ability "to score with her head and with her feet."
"Where Esther goes, so goes Gotham," says Watkins. "They haven't won a single game this season in which she did not score. That's team impact."
Top 2024 candidates keep pace with 2025 frontrunners
Last year's leaders round out Watkins' MVP favorites, including "a player that gets better when the job gets harder," Orlando's Barbra Banda.
"[Teams are] doing a better job of putting a lot of bodies on Banda to try to slow her down," causing her scoring to take a hit, but Watkins argues that Banda is still "one of the best out-and-out strikers of the ball in the entire league."
Finally, though "there's never been a back-to-back MVP in league history," Watkins says that reigning NWSL MVP and Golden Boot winner Temwa Chawinga is making a major case for running it back, led by the Kansas City star's "superpower of opening space where there is none."
Angel City striker Alyssa Thompson is an NWSL MVP dark horse
Finally, Watkins gives Angel City's Alyssa Thompson a unique nod, calling her the league's most improved player — an award that does not exist in the NWSL.
Remarking on Thompson's growth, Watkins points out the 20-year-old forward's leaps in consistency, poise, and her response to coaching at both the club and USWNT level.
"Her glimpses of brilliance are turning into something more consistent," describes Watkins. "She's fast.... She's a really good dribbler. She can take players on 1v1 and make them look silly, get in behind on goal, shoot, score. But she has widened her ability to connect with teammates.... She's just become a well-rounded winger in a way that we were not seeing before."
With four goals on the season, Thompson currently sits tied for fourth place in the 2025 Golden Boot race with the likes of Banda, Chawinga, Washington's Ashley Hatch, and Louisville's Emma Sears.
"Is [Thompson] in that space to to kind of overtake these really well established, consistent, dominant players [in the MVP race]?" wonders Watkins. "Maybe not. But the fact that she has made this leap to this stature in the league is huge."
About 'The Late Sub' with Claire Watkins
The Late Sub with Claire Watkins brings you the latest news and freshest takes on the USWNT, NWSL, and all things women's soccer. Special guest appearances featuring the biggest names in women’s sports make TLS a must-listen for every soccer fan.
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Kansas City, Orlando, and Washington are back on top of the NWSL table, restoring their dominance with key weekend results after a series of shaky matchdays.
Anchored by a brace from Debinha, the No. 1 Current halted a two-game losing streak with a 4-1 drubbing of Bay FC on Sunday. Meanwhile, the No. 3 Spirit stopped their two-match skid with a 3-2 Saturday win over No. 14 Chicago.
The No. 2 Pride narrowly avoided their own second straight loss on Saturday, securing a 1-1 draw with No. 11 North Carolina behind Prisca Chilufya's last-gasp second-half stoppage time goal.
No. 5 Angel City's 2-0 win over No. 13 Utah captured the weekend's headlines, however, after the Friday match played to completion despite 20-year-old LA defender Savy King collapsing on the pitch in the 85th minute.
"Savy left the field in stable condition, and currently remains stable and will be undergoing further evaluation," the NWSL posted after the match.
In response to criticism about the game resuming at all, the NWSL added that the match followed "league protocols...from both a medical and game operations perspective."
"I'm not sure if we should have continued the game," Royals head coach Jimmy Coenraets told reporters after the match. "Not only [Angel City's athletes], but also our players were just scared, and I think that's not the right position, not the right situation to be in."
While the on-pitch NWSL results this weekend appeared to steady upheaval in the standings, the spotlight shown brightest on concerns over league policy clashing with player safety.
Bay FC released renderings for the 2024 NWSL expansion team’s first-ever dedicated training facility on Wednesday, with award-winning design firm Olson Kundig overseeing the state-of-the-art complex’s development.
"In order to be a global sports franchise, the team needs its own home and dedicated facility," said Bay FC CEO Brady Stewart in the club's statement. "Tom Kundig and the Olson Kundig team understand our priority of player-centricity and also designed an inspirational and stunning space which reflects a sense of home for our players and staff."
"Olson Kundig are true innovators and are helping us future proof the facility and create something uniquely designed for our athletes that will nurture the whole person and unlock maximum potential."
Bay FC’s training facility, which is expected to open before the 2027 NWSL season, prioritizes a seamless experience for athletes, balancing private and communal spaces with an emphasis on wholistic player care.
Located at the center of the Bay on Treasure Island, a man-made island constructed in 1937, the complex will include three training fields and boasts sweeping views of San Francisco, the Golden Gate Bridge, North Bay, the Bay Bridge, and East Bay.
Even more, the center will provide resources to support long-term off-pitch success, including career development, education, and business training resources.
"Players commit to training together, building relationships, and working as a team every day," remarked Kundig. "The design acknowledges the complexity of that commitment — to the sport, the team, and the place that supports them both."
Bay FC joins expanding roster of teams with top training centers
As rising professionalization continues to shape women’s sports, top-of-the-line training centers have become a key way for clubs to stand out — even across the West Coast's crowded real estate market.
Bay FC's new 2025 WNBA neighbor Golden State and the NWSL's LA club Angel City have both recently embraced the dedicated facilities trend, while Portland’s 2026 WNBA expansion team announced last month that it will share a new $150 million sports performance complex with the NWSL’s Portland Thorns.
Dedicated facilities are increasingly becoming the status quo in the NWSL and WNBA, and Bay FC’s thoughtful design should be a selling point for top talent for years to come.
The NWSL officially sealed the deal with Denver early Thursday, granting the league's 16th expansion team to the Mile High City for a planned 2026 debut.
To welcome the city's first-ever major league women's team, NWSL Denver is finalizing plans for a new purpose-built stadium and dedicated performance facility designed specifically for women athletes.
Controlled by Denver Sports Commission founder Rob Cohen, the ownership group behind Denver's $110 million expansion fee — the largest in US women's sports history — includes prominent Vail snow sports advocates the Borgen family as well as David and Molly Coors of brewing giant Molson Coors.
"As the NWSL continues its rapid growth, we knew it was critical to launch our 16th team in a city with a passionate sports culture and vibrant fan base," said NWSL commissioner Jessica Berman in a league statement. "With this ownership group's vision and dedication, we are confident that Denver NWSL will set new standards for excellence on and off the pitch."
NWSL stars double down
Existing NWSL teams also flexed their investment prowess this week, with multiple top athletes signing contract extensions across the league on Wednesday.
KC Current striker Temwa Chawinga, who record-breaking 2024 debut spanned 20 goals, the 2024 Golden Boot, and the NWSL MVP award, inked a deal that will keep her in Kansas City for the next three years.
"This year, we hope to bring the trophy home for the fans, for KC," Chawinga said in the club's statement. "My KC community has been incredible. All the support, it feels like home here."
On the West Coast, Angel City sister duo of 20-year-old forward Alyssa and 19-year-old defender Gisele Thompson also put pen to paper, with the young LA-born stars committing to ACFC through 2028.
With European clubs drawing top players away from the US, there's never been a more important time for the NWSL to put its money where its mouth is when it comes to player development and on-field success.