Michelle Williams Announced as Minority Owner of Chicago Sky

CHICAGO, February, 28th 2006 � The Chicago Sky, the newest team in the Women�s National Basketball Association (WNBA), announced recently that musical artist Michelle Williams is part of its group of minority owners. Williams, of Destiny�s Child, was in Chicago February 27-28 to participate in special events for the Chicago Sky.

Williams, a vocalist, songwriter and performer, is a native and resident of Rockford, IL. In addition to being part of one of the best-selling female groups of all time, she has released several successful solo albums including the recent Do You Know. Also among the group of minority investors is prominent music executive/manager Mathew Knowles, who represents Williams and Destiny�s Child. While in Chicago, Williams made an appearance at a local Boys & Girls Club.

�I�m thrilled to have a stake in the WNBA as it expands into my hometown with the Chicago Sky,� said Williams, who visited the Dr. Martin Luther King Boys and Girls Club on Monday. �It�s great to be part of an organization such as the WNBA that is not only exciting and fun, but fosters a strong sense of empowerment in girls and women. I�m looking forward to being in the front row at Chicago Sky games and cheering them on to many championship seasons.�

The team is owned and operated by Chicago businessman Michael Alter, with a select group of local investors serving as minority owners. The Chicago Sky is the second WNBA team owned and run by an entity outside of the NBA.

The Chicago Sky is the 14th team in the WNBA and is led by General Manager and Head Coach Dave Cowens, a member of the NBA Hall of Fame. The Chicago Sky will open its inaugural season on the road May 20 against the Charlotte Sting and at home May 23 against the defending champion Sacramento Monarchs at the UIC Pavilion.

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