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New Deal


Announced

Completed

Nike completed a $75m equity investment in the WNBA.

Financials

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Transaction Value£55m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Recreational Services

United States

Domestic

Friendly

Minority

Private

basketball league

Single Bidder

Acquisition

Synopsis

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Nike, a designer, marketer, and distributor of authentic athletic footwear, apparel, equipment, and accessories, completed a $75m equity investment in the Women's National Basketball Association, a professional basketball league. “Women’s sport is one of the best investments, with great potential to impact and grow the next era of basketball. Nike has always been more than a sponsor with the WNBA – we’re a strategic partner. And we’re proud to be part of a movement to redefine the future of sport for a new generation – for WNBA players, fans and girls,” Sonja Henning, North America League Partnerships, NIKE, Inc. Vice President.

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