ATLANTA — Real estate investor Larry Gottesdiener was approved Friday as the lead owner of the Atlanta Dream following pressure on former Sen. Kelly Loeffler to sell her share of the WNBA team.
The three-member investor group also includes former Dream guard Renee Montgomery and Suzanne Abair, president of Gottesdiener’s Northland Investment Corp. in Massachusetts.
Montgomery becomes the first former player to become both an owner and executive of a WNBA team. She sat out the 2020 season to focus on social justice issues and recently announced her retirement from the league after 11 seasons.
The unanimous approval by the WNBA and NBA Board of Governors means co-owner Mary Brock also sold her share of the team, which will remain in Atlanta.