The Bhathal siblings, Alex and Lisa, have successfully acquired and are actively managing the Portland Fire WNBA franchise, which they purchased for $125 million in September 2024. Their family investment firm, RAJ Sports, also owns the Portland Thorns FC in the NWSL, acquired earlier that year for $63 million. The Portland Fire, in its inaugural season, has achieved a valuation of $380 million and ranks fourth in attendance among WNBA teams, averaging 14,500 fans per game. The siblings credit their parents' entrepreneurial spirit and early involvement in sports, including their father's experience with the World League of American Football, for inspiring their own ventures in sports ownership. AI
RANK_REASON Significant valuation and ownership details of a major sports franchise. [lever_c_demoted from significant: ic=1 ai=0.0]
- Alex Bhathal
- Kaiser Permanente Performance Center
- Lisa Bhathal Merage
- Los Angeles
- Martha Bhathal
- National Football League
- National Women's Soccer League
- Portland Fire
- Portland Thorns FC
- Raj Bhathal
- Raj Manufacturing
- RAJ Sports
- University of California, Los Angeles
- Women's National Basketball Association
- World League of American Football
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