WSJ News Exclusive | Seattle Storm Share Sale Values Team at WNBA Record $151 Million

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WSJ News Exclusive | Seattle Storm Share Sale Values Team at WNBA Record $151 Million
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The Seattle Storm franchise is valued at $151 million, a WNBA record, following the sale of minority-ownership stakes to help finance construction of a team practice facility

The Seattle Storm have sold minority stakes in the team that value the Women’s National Basketball Association franchise at a record $151 million, the team’s owners said.

The sale of stakes to 15 investors will help finance a $64 million, 50,000-square-foot practice facility and business office for the Storm, which is set to break ground this month, team owners

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