Kelly Loeffler Ousted As Part-Owner Of WNBA's Atlanta Dream

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Kelly Loeffler
Kelly Loeffler sold her 49 percent share in the team after opposing the Black Lives Matter movement within the squad.

Former Georgia Senator Kelly Loeffler was easily defeated in her Senate race against Raphael Warnock back in January. Prior to the election, Loeffler was scrutinized for her position when it came to Black Lives Matter. This scrutiny was especially relevant as Loeffler was a 49 percent owner in the Atlanta Dream of the WNBA, who were very vocal this summer as many African Americans were killed by police. Since that time, Loeffler has been urged to sell her position and recently, it finally happened.

According to Sports Inquirer, Loeffler's stake in the team was sold to the Northland Investment Corporation which is an ownership group led by Larry Gottesdiener, Suzanne Abair, and former Dream player Renee Montgomery, who is also becoming an executive. WNBA commissioner Cathy Engelbert offered some kind words about the sale, noting how much it means to the league.

Kelly Loeffler Ousted As Part-Owner Of WNBA's Atlanta Dream
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“With the unanimous WNBA and NBA votes, today marks a new beginning for the Atlanta Dream organization and we are very pleased to welcome Larry Gottesdiener and Suzanne Abair to the WNBA,” WNBA commissioner Cathy Engelbert said. "I admire their passion for women’s basketball, but more importantly, have been impressed with their values. I am also thrilled that former WNBA star Renee Montgomery will be joining the ownership group as an investor and executive for the team. Renee is a trailblazer who has made a major impact both in the game and beyond.”

As for Loeffler, she seems to be slowly fading out of politics as she no longer holds public office, and it is unlikely she will ever be elected again. Regardless, this is a huge win for Dream players who were vocal about their distaste for the team's former owner.

Kelly Loeffler Ousted As Part-Owner Of WNBA's Atlanta Dream
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[Via]


About The Author
Alexander Cole is the current editor-in-chief of HotNewHipHop. He started at HotNewHipHop back in 2018 where he began as a Sports and Sneakers writer. It was here where he began to hone his craft, putting his journalism degree from Concordia University in Montreal, Quebec, to good use. Since that time, he has documented some of the biggest stories in the hip-hop world. From the Kendrick Lamar and Drake beef to the disturbing allegations against Diddy, Alex has helped HotNewHipHop navigate large-scale stories as they happen. In 2021, he went to the Bahamas for the Big 3's Championship Game. It was here where he got to interview legendary figures like Ice Cube, Clyde Drexler, and Stephen Jackson. He has also interviewed other superstar athletes such as Antonio Brown, Damian Lillard, and Paul Pierce. This is in addition to conversations with social media provocateurs like Jake Paul, and younger respected artists like Kaycyy, Lil Tecca, and Jeleel!
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