News » Pau Gasol, WNBA investor, in the biggest financial injection in women's sports
The WNBA has received the largest financial injection in the history of women's sports. In its latest round of investment, the North American basketball league has raised some 65 million euros, the WNBA announced Thursday. Among the investors, the name of Pau Gasol stands out.
The operation seeks to further professionalize this league and move towards equal opportunities and conditions in the field of basketball. "This transaction is part of a financial growth strategy designed to generate new revenue through increased investment in priority areas as part of the league's long-term business transformation," the WNBA said in a statement.
Translation made by Gasol16 Ventures team.