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The Deal: L.A. Women’s Soccer Draws Sports, Media, VC Stars

July 22, 2020

O’Melveny Sports Industry group co-chair Chuck Baker and counsel Eric Geffner represented the investor group bringing NWSL’s eleventh expansion team to Los Angeles, The Deal reported. Alexis Ohanian, husband of Serena Williams, led the investment through the firm Initialized Capital, with additional investments from professional athletes, actors, and Los Angeles venture capitalists. The deal also has backing from Tencent Holdings Inc., and Sequoia Capital, the article notes. The team is expected to begin playing in Los Angeles in Spring 2022.