International events like the World Cup, World Championship and Olympics occur every four years. However, wins in these events don’t always translate into immediate success at the professional level, where annual seasons provide opportunities for more athletes and exposure.
Both lacrosse and soccer have had growing pains in this regard. For instance, buoyed by hope following the success of the 1999 Women’s World Cup team, the Women’s United Soccer Association launched in 2001. Many of the 99ers, like Mia Hamm and Julie Foudy, played. But the league only lasted one season.
Lacrosse-wise, Major League Lacrosse folded into the Premier Lacrosse League. The United Women’s Lacrosse League played three seasons from 2016-18, while the Women’s Professional Lacrosse League lasted two years (2018-19).
But the National Women’s Soccer League is in its 12th season. The PLL model has proved promising, with its higher player salaries and a tour-based schedule. And Athletes Unlimited is in its fourth year of sponsoring women’s lacrosse.
For Wambach, the reasons current soccer and lacrosse leagues are seeing successes where others didn’t isn’t rocket science.
“A lot of that came down to money,” Wambach said. “It was [also] about branding — getting our little niche league into the world of pop culture.”
In a way, pop culture came for the NSWL. Wambach says the league was becoming stable and getting by. Then, a group led by Oscar-winning actress Natalie Portman, venture capitalists Kara Nortman and Alexis Ohanian and entrepreneur Julie Uhrman teamed up to join forces to invest in and found the expansion franchise Angel City FC in July 2020.
The list of other owners read like the closing credits to a Hollywood movie and a list of all-time greatest athletes ever rolled into one: Serena Williams, Uzo Abuda, Jennifer Garner, Eva Longoria, Foudy, Hamm, Wambach, Joy Faucett … the list goes on. Perhaps appropriately, Walt Disney CEO Bob Iger and his wife, Willow Bay, became controlling owners of the club — now valued at $250 million, making it the world’s most valuable women’s sports franchise — in July.
What’s followed sounds like a fairytale but is the product of generations of hard work and advocacy.
“It ignited this new way to women's professional sports ownership, and you're seeing so much more investment across all women's sports boards,” Wambach said. “It's like every person who missed out on the tech bubble and the bitcoin bubble, every big investor, every office in the world, is trying to become a part of the women's professional sports ownership groups.”
Wambach and Deloitte point to the allure of a high ROI of a growing sector. The 2024 Nielsen Sports Report cited a 17-percent increase in NSWL interest, an 89-percent increase in ratings for the women’s NCAA basketball championship game between South Carolina and Iowa and a 511-percent surge in WNBA draft ratings.
Is lacrosse mentioned in the report? No, but Wambach believes that it can be, especially with the Olympics on the horizon and the support of the Athletes Unlimited umbrella, which announced it would sponsor lacrosse during the same year that she backed Angel City FC.
“I hope it becomes the most popular league in the world,” Wambach said, laughing — but only a little.
Like Walker-Weinstein says, “Dream big,” right?
“I hope that it becomes a sustainable league that the best players want to play in and continue to return because they are making enough money, have good healthcare, are planning their retirements, people love and appreciate them and they are sharing in profit from TV rights deals,” Wambach said. “I think the sky is the limit for Athletes Unlimited.”