Marc Lasry Moves to Buy North Carolina Courage

Marc Lasry is reportedly close to acquiring a 60% controlling stake in the North Carolina Courage, an NWSL franchise, from current owner Steve Malik for approximately $108 million. This transaction, which comes after the club's valuation increased from $66 million in August 2023, would make Lasry the principal owner of the Courage, pending board approval. The billionaire's investment in the Courage is part of a broader trend in the NWSL, where multiple franchises have seen significant ownership changes this year. Lasry, a former owner of the Milwaukee Bucks, has expressed interest in NWSL clubs before and is leveraging his Avenue Capital Group's sports investment fund for this deal. The Courage, which has a history of championships, has faced challenges, including low attendance figures and past allegations of misconduct within its management. This purchase represents a pivotal shift in ownership dynamics within the league, which has seen increasing valuations and investor interest.