Sheila Johnson, who took over last month as managing partner of the WNBA’s Washington Mystics, has come full-circle from her days as a high school and college cheerleader.
As a partner in Lincoln Holdings, she not only owns a piece of the Mystics but has a stake in the NBA Wizards and NHL Capitals, too.
That makes Johnson the first woman to own a WNBA team and the first African-American woman to have a piece of three sports teams at once. “It’s about time that a woman would do this,” said the 56-year-old businesswoman/philanthropist, who began her career as a music teacher.
Johnson didn’t intend to get into sports ownership. But her Middleburg, Va., neighbor Abe Pollin, who still controls the Wizards, was looking to sell the Mystics. Johnson said she “was absolutely in shock” when Pollin and his associate Susan O’Malley first called to offer her the Mystics. (more…)
Sphere: Related Content
