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Washington, D.C. (02/08/22) – The owners of the Washington Spirit have agreed on a new ownership structure. Local business leader Michele Kang will acquire the interests of other team owners Bill Lynch and Steve Baldwin. Kang will be the controlling owner, working with other investors in a new ownership group.
“I personally appreciate, and want to publicly recognize Bill Lynch’s pivotal work as the founding owner of the Spirit bringing women’s professional soccer back to our nation’s capital, and also Steve Baldwin’s leadership, vision and formidable drive in building the Spirit and the outstanding roster that won the 2021 NWSL Championship,” Kang said. “I can’t wait to begin work with our talented, resilient players and staff.”
The new ownership group, led by Kang, looks to build on the foundation laid by Lynch and Baldwin, taking the championship team forward into an exciting new chapter. The vision for the team is Premier, Professional and Proudly DC, with a locally-based, female-led ownership group that is committed to substantial new investments into the team’s staff, operations and infrastructure.
“I am incredibly proud of what the Spirit has accomplished over the past few years, culminating in the 2021 NWSL championship,” Baldwin said. “I am pleased that someone with Michele’s commitment to the Spirit will lead the team in its next chapter. I spoke with Michele this morning and told her that Bill and I decided to sell her the team. I sincerely wish her, our wonderful players, and our staff the best. My hope for 2022 is that the Spirit become the first ever DC premier league sports team to win back-to-back championships. Go Spirit.”