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Former Atlanta Dream Star to Buy Team With Investor Group

The W.N.B.A.’s Atlanta Dream, which had been co-owned by former Senator Kelly Loeffler of Georgia, are being sold to an ownership group that includes Larry Gottesdiener, the chairman of the real estate equity firm Northland, Suzanne Abair, the firm’s chief operating officer, and Renee Montgomery, a former star of the team. Gottesdiener will be the majority owner.

The team had long been on the market, but talks to sell ramped up in recent months. The Dream had been in the spotlight over the past year after its players, most of whom are Black, publicly denounced Loeffler, a Republican, for attacking the Black Lives Matter movement.