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Alex Morgan’s Ownership Stake in NWSL Team Shows Commitment to Women’s Soccer
Alex Morgan at her 2024 press conference announcing her retirement as a player Abe Arredondo-Imagn Images

Former Cal soccer star Alex Morgan, a two-time World Cup champion as well as an Olympic champion, retired as a player in September, but she has become busy as a business woman.

This week Morgan joined the ownership group of the Women’s National Soccer League team in San Diego as a minority investor in the club for which she spent three seasons as a player. And while that move by perhaps the game’s most recognizable player earned headlines across the country, it is far from Morgan’s only business endeavor.

According to the San Diego Union-Tribune,  Morgan is co-founder of TOGETHXR, which is a digital platform; she’s co-founder of Trybe Ventures, which is an an investment company; and she is an investor in Unrivaled, which is a new 3-on-3 women’s basketball league.

Morgan also participates heavily in her San Diego-based foundation. Its purpose is “dedicated to creating equity and opportunity on the field and off.”

“San Diego is where I’ve built my home, where I am raising my children, and found a purpose beyond my playing career,” she said, according to the Union-Tribune. “I believed in Wave FC before a single match was played, and I still believe this club has the power to change the future of women’s sports. I’m proud to invest in that future and not just as a player, but now as an investor.”

An ESPN video discusses what Morgan’s investment will mean:

The amount of Morgan’s investment in the San Diego Wave soccer team was not made public. The Levine-Leichtman family paid approximately $120 million to buy the team from Ron Burkle after the 2024 season.

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This article first appeared on Cal Bears on SI and was syndicated with permission.

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