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Culture & Capital

Black culture · business · wealth

Sports Business

Former WNBA Player Renee Montgomery Invested In The Atlanta Dream When It Sold For Up To $10M, Now Its Valuation Has Soared To $280M

Source: AfroTech · Oct 22, 2026

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The Money Angle

Business relevance

9/10

  • 01Renee Montgomery joined Larry Gottesdiener and Suzanne Abair’s ownership group in 2021, when the Atlanta Dream sold for between $7 million and $10 million.
  • 02Sportico now values the franchise at $280 million in 2026. Montgomery’s individual investment and ownership stake were not disclosed.
  • 03Montgomery also serves as team vice president, making her ownership an example of a Black former athlete moving into sports equity and executive leadership.
  • 04The Dream sold out the 17,000-seat State Farm Arena for Game 3 of the WNBA Finals, demonstrating ticket demand; ticket revenue was not disclosed.
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Who's involved

Renee MontgomeryAtlanta DreamLarry GottesdienerSuzanne AbairNorthland Investment Corp.WNBASporticoState Farm Arena

Tickers mentioned

No public companies
Original reportingRead the full story at AfroTech →

This Money Angle is an AI-assisted summary of reporting by AfroTech. Figures come only from the source article. Not financial advice.

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