Disney CEO Bob Iger to Invest in Angel City FC

Disney CEO Bob Iger and his wife, Willow Bay, are set to acquire a controlling stake in Angel City FC, a professional women's soccer team in Los Angeles, for around $250 million, raising its value to $300 million. The couple's investment aims to boost the team's growth, elevate women athletes, and promote equity in sports and businesses. This move follows a surge in NWSL team valuations, with significant media rights deals and billionaire ownership reshaping the league landscape. Angel City FC, founded in 2020, has quickly gained prominence, attracting notable investors like Natalie Portman, Eva Longoria, and soccer stars Mia Hamm and Abby Wambach.