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American Businesswoman’s $35 Million Investment in Trinity Rodman’s Washington Spirit Trumps Phoenix Suns’ $4 Billion Takeover to Win Major North American Award

Published 05/25/2023, 12:15 PM EDT

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Soccer in the United States has experienced significant growth and popularity over the years, especially when it comes to women’s soccer. The country has become home to one of the world’s most successful women’s soccer teams and players. The likes of Alex Morgan, Megan Rapinoe, and Trinity Rodman continue to make their names domestically and internationally.

Speaking in domestic terms, NWSL teams continue to garner massive fame and glory, both on and off the pitch. Clubs continue to win major awards, with Rodman’s domestic side, Washington Spirit, winning a crucial award. In fact, they won the award by beating a billionaire NBA-based team.

Washington Spirit trumps Phoenix Suns to clinch major award


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The NWSL clubs continue to make headlines, with this time Washington Spirit on the front page of the newspaper. Trinity Rodman’s side recently clinched a major sports award, thanks to a $35 million investment from American businesswoman Michele Kang. The Spirits have won the Sports Business Journal Deal of the Year award in North America.

This award signifies the incredible value of women’s sports, as they have surpassed NBA side Phoenix Suns for their massive $4 billion takeover. Kang, who is a businesswoman, owns a medical technology company, Cognosante. The DC-based entrepreneur bought a minority stake in December 2020.


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After the club faced a string of allegations concerning abuse and mismanagement, Kang urged then-co-owner Steve Baldwin to relinquish control of the team to her. This led the millionaire to buy the team for a whopping $35 million. Indeed, her investment has finally paid off, as it helped her clinch the major award.

However, despite positive off-pitch accomplishments, the team experienced a lack of progress on the field as they suffered a poor loss in the NWSL.

Trinity Rodman suffers shock NWSL defeat

This year, the Washington Spirits are looking to finish the season with a bang. But they recently suffered a setback in their domestic run. The following week, Mark Parsons’ side traveled to Exploria Stadium to clinch three points against the Orlando Pride. Anyway, their journey to Florida was unsuccessful, as they lost 2-1 against the home side.


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Both sides were level in the first half, with Orlando breaking the deadlock. Spirits defender Sam Staab scored the equalizer. The tug of war continued in the second half, with the Spirits eventually conceding a winner. The loss keeps them in fourth place with 15 points. They had a chance to become the table leaders, but unfortunately, it didn’t go that way.


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Nevertheless, they’ll be looking to get back to their winning ways in the next fixture. Till then, let us know your thoughts on their emphatic award win.



Abhishek Mishra

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Abhishek Mishra is a soccer writer at EssentiallySports. Abhishek's love for soccer began during his childhood days when he spent most of his time playing and watching the sport. His early exposure to soccer earned him many accolades at district and zonal levels, making him a true sports enthusiast.

Edited By: Sreeda U M