In a story on the WNBA’s future and finances, The Athletic’s Chantel Jennings and Mike Vorkunov reveal that Joe Tsai paid James Dolan essentially nothing — “little new money changing hands” — for the Liberty back in January 2019.
While there has been voluminous reporting on how much Tsai paid for the Nets and Barclays Center later than year — between $3.3 and $3.5 billion— there’s been little on how much he paid for one of the WNBA’s original franchises. Last year, Jabari Young of CNBC.com reported that Tsai paid an estimated $10 to $14 million for the Libs, quoting “sports bankers.