WNBA Announces New Ownership for Atlanta Dream
NEW YORK, Oct. 29, 2009 – Kathy Betty, a prominent Atlanta businesswoman and sports advocate, will become the new managing partner of the Atlanta Dream pending WNBA Board of Governors approval, league President Donna Orender announced today. The team will be owned by Dream Too, LLC, an investment group led by Betty.
“I am confident Kathy’s passion for the game and the Atlanta community, as well as her vision for the Dream, will ensure that the team continues to build on its strong start,” said Orender. “Atlanta has been a great market, and Lisa Borders has been a constant ambassador. We look forward to building upon the success the team enjoyed both on and off the court this past season. At the same time, on behalf of the league, I want to extend our thanks to Ron Terwilliger for helping bring the WNBA to Atlanta in 2007.”
In addition to serving as the CEO of the Garry Betty Foundation, established by her late husband Garry Betty, former Earthlink CEO, to fund cancer research, Betty is a former partner with Ernst & Young and previously served as the Executive Vice President of Scott Madden, Inc., an Atlanta-based management consulting firm. Betty has compiled a lengthy track record of business success and community involvement. She also is a major contributor to Georgia Tech’s men’s and women’s basketball programs.
“The opportunity to own the Dream, which is all about providing accessible and affordable world-class entertainment for the families of Atlanta, is what excites me,” said Betty. “In addition, the fact that these women serve as role models for youth, and especially young girls, is something I feel strongly about.
“I want to personally thank Lisa Borders for her diligent work in saving the Dream. The Dream belongs in Atlanta. Lisa understands that and so do I. In the midst of a tough political campaign, she carved out time to bring sponsorships to the table and find investors who will make the Dream a continued reality for the staff, players and, of course, our fans.”
In 2009, the Dream recorded the second-largest one-year turnaround in WNBA history, finishing with an 18-16 record after going 4-30 in its inaugural campaign in 2008 to earn the second seed in the Eastern Conference and their first-ever WNBA Playoff berth. Forward Angel McCoughtry, the top pick in the 2009 WNBA Draft quickly emerged as a star and earned adidas Rookie of the Year honors, while Marynell Meadors was named WNBA Coach of the Year this past season.
To renew or purchase season tickets for the Dream’s 2010 season, fans can call (404) 604-2626 or visit www.wnba.com/atlanta.
About the WNBA
The WNBA is a unique global sports property combining competition, sportsmanship, and entertainment value with its status as an icon for social change, achievement, and diversity. Composed of 13 teams, the WNBA is the most successful women’s professional team sports league in the world. The WNBA finished the 2009 regular season with a third consecutive year of increased attendance and a second straight season of increased viewership on ESPN2. For the 2009 WNBA Finals presented by adidas, average viewership on ESPN2 jumped 76 percent from a year ago. The five-game series also featured three sellouts plus the highest total attendance figure (82,018) in WNBA Finals history.
Through WNBA Cares, the WNBA is deeply committed to creating programs that improve the quality of life for all people, with a special emphasis on programs that promote a healthy lifestyle and positive body image, increase breast and women’s health awareness, support youth and family development, and focus on education. For more information on the WNBA, log on to www.wnba.com.