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Denver awarded NWSL's 16th team for record $110M - report

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Denver has been awarded the 16th franchise in the National Women's Soccer League for a record $110 million fee, Sportico reported Thursday.

Not only is that expansion fee more than double the previous NWSL record, it would also be the largest ever paid for a U.S. women's professional sports team.

The backers of the Denver bid, including IMA Financial Group chief executive officer Robert Cohen, submitted their first payment Tuesday, per the report.