Renee Montgomery’s basketball resume includes a couple of WNBA championships, an All-Star Game appearance and a Sixth Woman of the Year award.
It now also includes co-ownership of the league’s Atlanta Dream. She bought into the team as a limited partner earlier this year in a deal that made headlines because the new ownership group replaced Kelly Loeffler, the former Republican U.S. senator who was vocal in her opposition to the WNBA’s anti-racism efforts.
Montgomery, 34, now helps run the Dream as vice president. She is part of a wave of current and former athletes, along with a batch of celebrities, buying ownership shares of sports teams.
Why is this a trend?
Motivations vary and often are myriad.