Rain the Growth Agency Co-Founder Michelle Cardinal Invests in Seattle Storm
Summary
The WNBA teams recent equity sale was headed by Cardinal and joined by eleven other investment groups, which will fund the development of the franchises $64 million private practice facility.Seattle Storm games are consistently the highest attended in the league and the four-time championship team holds the highest valuation of a WNBA franchise to date of $151 million. As a longtime resident of the Pacific Northwest, I know there is no fan base or community more loyal than the Storms, with frequently sold-out games in the 18,000 seat Climate Pledge Arena," said Cardinal. Her experience in media and advocacy for women are an amazing fit for our group," said co-owners Lisa Brummel and Ginny Gilder in a joint statement. "Access to WNBA games has increased exponentially with national TV broadcasts across major media properties such as ABC, ESPN & ESPN2, CBS Television Networks and ION. Beyond big screen viewership, social media and digital channels further amplify the rising impact of womens sports and female athletes.