Report: San Diego Wave being sold for league record $113 million

(Photo credit: Ray Acevedo-USA TODAY Sports)
The San Diego Wave are being sold in a deal that places the club's value at $113 million, Sportico reported Thursday.

Billionaire Ron Burkle is selling the club to the Levine Leichtman family in a two-part deal that could later place the transaction at $120 million.

Burkle paid a $2 million expansion fee for the club before it began NWSL play in 2022.

"We are proud of the un