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Sports Edge · Intelligence Desk HENRI IV

Haslam Sports Group pays $205 million for Columbus NWSL expansion, $40 million above Atlanta

The Browns and Crew owners enter women's soccer at a 24% premium to December's franchise—kit and stadium economics follow.

Published May 25, 2026 Source Forbes From the chopped neck
Subject on the desk
Columbus NWSL / Haslam Sports Group
PLATINUM · May 25, 2026
HENRI IV · May 25, 2026

Haslam Sports Group pays $205 million for Columbus NWSL expansion, $40 million above Atlanta

The Browns and Crew owners enter women's soccer at a 24% premium to December's franchise—kit and stadium economics follow.

Source Forbes ↗

The Haslam Sports Group paid $205 million for NWSL expansion rights in Columbus, the league's 18th franchise and the second-most expensive in its history. The announcement Tuesday at Lower.com Field marks the Browns and Crew owners' first move into women's professional sports and arrives five months after Atlanta paid $165 million for the 17th slot.

The $40 million gap—a 24% premium—reflects two realities. First, the Haslams own the stadium and MLS tenant already, cutting the real estate riddle that stalls most expansion bids. Second, NWSL media-rights renewal talks with CBS and ESPN are scheduled for Q4 2026, and buyer appetite follows broadcast trajectory. Atlanta's December check came before the college women's basketball ratings spike in March; Columbus closed after.

The franchise will play at Lower.com Field, the 20,000-seat venue that opened in 2021 for the Crew. Shared infrastructure means the Haslams avoid the $50 million stadium-lease guarantees or revenue-share haircuts that complicate standalone women's clubs. They control concessions, ticketing ops, and—most valuable—local broadcast inventory that can be bundled with Browns and Crew packages for regional sponsors. The Crew drew an average of 20,844 fans in 2025, third in MLS. If the NWSL side pulls 60% of that base—roughly 12,500 per match—it would rank second in the league behind Portland.

Kit and sponsor timing matters. The Crew's Adidas contract runs through 2027, and the apparel maker sponsors four NWSL clubs already. If Columbus negotiates a dual-team kit deal in the next twelve months, the women's side likely captures $1.5 million to $2 million annually—double what standalone clubs see. Title sponsors pay attention to ownership consolidation. Nationwide, headquartered in Columbus, ended its Crew naming-rights deal in 2021 but maintains regional spend. A combined-gender pitch is cheaper than two separated asks, and sponsors underpay for women's inventory by roughly 40% relative to male equivalent ratings, per Nielsen data through 2025.

The Haslams join Kansas City, Utah, Seattle, and now-departed Orlando as ownership groups operating both MLS and NWSL franchises in the same market. The economics work when the stadium is owned, not leased, and when the front office can cross-sell sponsorship decks. It does not work when the MLS club is a tenant; see St. Louis, where an NWSL bid stalled in 2024 over venue-revenue splits.

Jimmy Haslam bought the Browns for $1.05 billion in 2012 and the Crew for $230 million in 2018, the latter after threatening relocation forced a local-investor rescue. His wife, Dee, will chair the NWSL franchise and led the women's soccer due diligence. She has attended six USWNT matches since 2023 and was seated next to U.S. Soccer president Cindy Parlow Cone at the Olympic qualifiers in February—signal that this was not a late-stage opportunistic grab but a two-year positioning effort.

The NWSL has now collected $1.65 billion in expansion fees since 2022, when Bay FC paid $53 million for San Francisco. Boston, Los Angeles, and Columbus account for $625 million of that total across three franchises awarded since 2024. The league's enterprise value, should a minority stake trade, is implied above $4 billion by the recent pricing—double the $2 billion figure brokers floated in late 2024.

Coach and GM hires come next. The Crew's front office runs lean—68 full-time employees—and the NWSL side will need at least 40 dedicated roles by preseason 2027. The Haslams have interviewed three candidates already, per two people familiar, including former Gotham FC assistant Jonah Levine and Crew technical director Pat Onstad, who spent five seasons with the Houston Dash. Onstad's dual-role appointment would save salary but risks cannibalizing the MLS operation, which just posted its best regular-season record in franchise history.

The franchise will begin play in 2027, giving it sixteen months to hire, scout, and build a roster under the league's expansion draft and allocation rules. Kansas City entered in 2021 with $12 million in player spending and finished last. Since then, the expansion playbook has shifted toward overpaying for two or three marquee internationals and filling the rest with draft picks and free agents. The 2026 NWSL salary cap is $3.3 million per team, up 18% from 2025, and Columbus will enter at that ceiling or above.

Kit-maker bids are due by June, per league protocol. Adidas, Nike, and Puma will all submit. The decision will depend on whether the Haslams want a standalone apparel deal or bundle it with the Crew's 2027 renewal negotiation.

The next NWSL expansion window opens in 2028. Miami, Philadelphia, and Phoenix have expressed interest, but the league has capped at 20 teams through 2030 under the current media-rights structure. If CBS and ESPN renew above the $60 million annually they pay now, that cap lifts. The Columbus pricing suggests they will.

The takeaway
The Haslams paid a 24% premium over Atlanta for stadium control and dual-team sponsor arbitrage—kit and GM hires next.
nwslexpansionhaslam sports groupcolumbus crewwomen's soccerfranchise valuation
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