Jack Ma Among Investors as New York Liberty Achieve Record Valuation

New York Liberty, reigning WNBA champions, have achieved a record-breaking $450 million valuation following a recent investment round, that underscores the growing commercial appeal of women's basketball.

The investment group includes notable figures such as Alibaba founder Jack Ma and supermodel-turned-entrepreneur Karlie Kloss. Their involvement not only brings substantial capital but also elevates the franchise's profile on a global scale. Ma's participation, in particular, is noteworthy given his history of strategic investments alongside Liberty co-owner Joe Tsai, including ventures through Blue Pool Capital.

This infusion of funds will support the construction of a state-of-the-art, 75,000-square-foot practice facility in Brooklyn, slated to open in 2027. The facility aims to provide top-tier amenities for players, reflecting the franchise's commitment to excellence both on and off the court.

The Liberty's valuation has more than doubled from $200 million in June 2024, positioning them as the most valuable women's sports team globally. This surge reflects a broader trend of increasing valuations in women's sports, driven by rising viewership, sponsorships, and media rights deals.

The involvement of high-profile investors like Ma and Kloss signifies a growing recognition of the untapped potential in women's sports. Their investment is not just financial but also symbolic, challenging outdated perceptions and highlighting the viability of women's sports as a lucrative and impactful investment.

As the Liberty continue their title defence with a strong start to the season, this landmark valuation serves as a testament to the franchise's strategic vision and the increasing commercial viability of women's basketball. It also sets a precedent for future investments in women's sports, signalling a new era of growth and opportunity.

With the WNBA's rising prominence and the Liberty's ambitious plans, including a goal to reach a $1 billion valuation within the next decade, the future of women's basketball looks promising.