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The WNBA’s 15th company will begin perform in 2026.
Photo by Ethan Miller/Getty Images
The WNBA is adding a company in Portland. The Bhathal household, who was one of the numerous serious bidders, will own the Oregon team, which will be the league’s 15th team.
Prior to now, there had been information about the new company and the chosen ownership group.
The Bhathal home won the NWSL’s Portland company this year after serving as limited colleagues in the Sacramento Kings for more than a decade. Additionally, they have ownership interests in the Sacramento Rivercats and the Stockon Kings of the NBA G-League.
The home is most well known for Raj Swim, a apparel company Raj Bhathal founded in the 1960s after he immigrated from India to Southern California. His children Alex and Lisa lead business initiatives at Raj Sports, Revitate, and Raj Capital, which have invested in companies like Therabody and Five Point Power.
This is Portland’s second chance at sustaining a WNBA brand, the Portland Fire folded after three months in 2002. Bringing a crew back to Portland is another significant step forth, according to league commissioner Cathy Engelbert in a press release on Wednesday.” The WNBA is building on a period of exceptional growth.
The WNBA added its second expansion company since Atlanta in 2008, adding its initial expansion franchise last year. The Golden State Valkyries, owned by the Golden State Warriors, will begin play in 2025, while another development group in Toronto begins sing in 2026, the exact time the new Portland staff may start competitors. The as-yet-unnamed team will play in the Moda Center in downtown Portland.
The average WNBA franchises worth$ 96 million, with a range of$ 55 million ( Atlanta ) to$ 140 million ( Las Vegas ). The league, which has been boosted by Caitlin Clark’s young stars, is on a revival in 2024, most recently signing a media deal that is likely to result in a 500 % increase in TV money annually over the previous one.
With help from Jason Clinkscales
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