Twice in the last year, once in a speech to her fellow Harvard Business School alumni last May and again in an interview this month, Clara Wu Tsai said she wanted the New York Liberty to be the first women’s sports team with a valuation of a billion dollars. She set a time
As of Thursday, she’s halfway there.
The New York Times reports that she and husband Joe has sold a small piece of the Liberty — in the teens — to a group of investors apparently as a way to help finance the Liberty’s new $80 million practice facility in Greenpoint, a not uncommon financial arrangement for WNBA teams.