Denver awarded NWSL's 16th team for record $110M - report

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Denver has been awarded the 16th franchise in the National Women's Soccer League for a record $110 million fee, Sportico reported Thursday.

Not only is that expansion fee more than double the previous NWSL record, it would also be the largest ever paid for a U.S. women's professional sports team.

The backers of the Denver bid, including IMA Financial Group chief executive officer Robert Cohen, submitted their first payment Tuesday, per the report.

ESPN reported in December that the NWSL had entered into exclusive negotiations with IMA Financial group.

Full story at ESPN.com

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