The NWSL tapped influential investors including Basketball Hall of Famer Grant Hill, who is a minority owner of the Orlando Pride, for input at the league's inaugural advisory board meeting.
ReadingWhen a league forms advisory boards, it is signaling to the market that institutional investor class is locked in. The next NWSL expansion, media deal, or equity injection will have Hill's fingerprints on it.
WatchWhether any advisory board member joins a new expansion group in the next 12 months. That is the real test of whether this is theater or leverage.