The WNBA and NBA Boards of Governors unanimously approved the sale of the Atlanta Dream to Larry Gottesdiener, Chairman of industry-leading national real estate firm Northland, on Friday.
The three-member investor group is comprised of former Dream star Renee Montgomery, Northland President and Chief Operating Officer Suzanne Abair, and Gottesdiener.
Montgomery will be the first former player to become both an owner and executive of a WNBA team. Montgomery sat out the 2020 season to focus on social justice issues and recently announced her retirement from the league after 11 seasons.
“My Dream has come true,” Montgomery said in a statement. “Breaking barriers for minorities and women by being the first former WNBA player to have both a stake in ownership and a leadership role with the team is an opportunity that I take very seriously. I invite you to join me as the Dream builds momentum in Atlanta!”
