Caitlin Clark is investing in a bid for a Nationwide Ladies’s Soccer League (NWSL) enlargement group primarily based in Cincinnati, the funding group for FC Cincinnati introduced.
“The NWSL Cincinnati bid group is thrilled that Caitlin Clark has joined our possession group in pursuit of bringing ladies’s skilled soccer to our metropolis,” a group assertion stated.
“Her ardour for the game, dedication to elevating ladies’s sports activities in and across the Better Cincinnati area and affect as an athlete and a job mannequin for ladies and ladies world wide make her a significant a part of our compelling bid to grow to be the sixteenth group within the NWSL.”
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Cincinnati is one among three finalists for an enlargement bid, becoming a member of Cleveland and Denver.
Clark’s contribution to the bid has not been revealed publicly.
Caitlin Clark of the Indiana Fever talks to the media throughout an introductory press convention April 17, 2024, at Gainbridge Fieldhouse in Indianapolis. (Ron Hoskins/NBAE through Getty Photographs)
Sportico information from 2024 places the typical worth of an NWSL franchise at $104 million. Angel Metropolis FC in Los Angeles is the league’s most precious franchise at $250 million, whereas the Chicago Crimson Stars are the bottom valued group at $53 million.
If Clark’s funding is anyplace near 1% of a typical franchise’s whole worth, it will be an funding that simply eclipses her complete annual WNBA wage.
INSIDE CAITLIN CLARK’S IMPACT ON MEN’S BASKETBALL
Clark made $76,535 within the first 12 months of her WNBA rookie contract. Subsequent 12 months she is going to make $78,066.
Clark had an opportunity to complement her basketball earnings by becoming a member of the brand new Unequalled 3-on-3 league, which will probably be performed within the WNBA offseason. Unequalled was reportedly providing Clark north of $1 million. However Clark turned it down. She additionally turned down alternatives to play professional basketball in Europe like different WNBA gamers.
Clark participated in a short beginner golf stint this offseason however has in any other case targeted on attending Taylor Swift concert events or different sporting occasions like faculty basketball video games coached by her boyfriend at Butler College.
Indiana Fever guard Caitlin Clark smiles as she appears to be like to the bench within the second half of a recreation towards the Dallas Wings Sept. 1, 2024, in Arlington, Texas. (AP Photograph/Tony Gutierrez)
She will not report back to coaching camp for her second WNBA season till April 2025.
Nevertheless, Clark is believed to have loads of different earnings streams in endorsement offers.
Clark has an endorsement take care of Nike valued at about $28 million over eight years. This settlement contains promotional appearances, product endorsement and Nike advertising campaigns.
She has further offers with Gatorade, Wilson Sporting Items, Bose, State Farm, Buick, H&R Block, Topps, Shoot-A-Method and Goldman Sachs.
She even has her personal cereal with Hy-Vee, “Caitlin’s Crunch Time.”
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Not a lot else is understood about Clark’s life-style as a result of she retains a low profile on her spending habits. Nevertheless, everybody will know if she’s on the hook for her funding within the Cincinnati FC bid if the town finally ends up profitable the enlargement franchise. Clark’s presence as an investor might sway the choice.
Clark was lately pictured subsequent to Swift on the duvet of Time journal’s Inspiring Ladies particular version subject that featured eight ladies in positions of management, together with a number of athletes.
The 15 most-watched WNBA video games final season all included Clark.
So, if that earns her funding group the NWSL group, then her monetary future might rely closely on the willingness of the individuals of Cincinnati to embrace a professional ladies’s soccer franchise.
The median family earnings in Cincinnati was $54,314 in 2023. Within the Cincinnati metro space, the median family earnings was $75,062 in 2022, which is barely greater than the nationwide median. Greater than half of Cincinnati residents are ladies.
Indiana Fever guard Caitlin Clark drives to the basket as Connecticut Solar guard DiJonai Carrington defends throughout a first-round WNBA basketball playoff recreation Sept. 25, 2024, in Uncasville, Conn. (AP Photograph/Jessica Hill)
Cincinnati doesn’t have a WNBA group. Nevertheless, it does have a males’s professional soccer group, Main League Soccer’s FC Cincinnati. The one professional sports activities groups within the metropolis are the NFL’s Bengals and MLB’s Reds.
Clark’s greatest rival within the WNBA has already admitted to battling private funds since turning into an expert.
Chicago Sky star Angel Reese admitted in an October social media submit she will’t afford to pay her hire on her WNBA wage. Reese’s rookie wage with the Sky was $73,439, whereas her $8,000-a-month hire prices her $96,000 a 12 months.
“I simply hope y’all know,” Reese informed her viewers, “the WNBA do not pay my payments in any respect. I do not even suppose that pays one among my payments. Actually. I am attempting to consider my hire for the place I keep at. Let me do the maths actual fast.”
As soon as Reese discovered her wage and what she was paying, she laughed, including, “I am residing past my means!”
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