Willow Bay, dean of USC’s journalism school and wife of Disney CEO Bob Iger, is nearing a deal to purchase NWSL club Angel City FC, according to someone familiar with the details.
Puck was first to report the news. Semafor reported that the deal, which also involves Iger, would value the NWSL team at $250 million.
More from Sportico.com
The deal is not final, said the person, who was granted anonymity because the details are private. If Angel City sells at that price, it would be by far the highest ever paid for a women’s sports franchise in the U.S. Sportico recently valued the club, which makes significantly more than any other NWSL team, at $180 million. The San Diego Wave recently sold for a league-record $113 million.
Representatives for both Angel City and Moelis & Co., which was hired to facilitate the process, didn’t immediately respond to requests for comment. Bay also…