Key Takeaways
- • Steve Cohen, through Cohen Private Ventures, has acquired the New York franchise in WTGL (Women's Team Golf League), positioning himself as a founding team owner ahead of the league's fall 2026 debut in partnership with the LPGA.
- • Individual team valuations in WTGL are estimated at approximately $20 million, though specific financial terms of Cohen's acquisition were not disclosed.
- • Cohen's investment expands his sports portfolio beyond the New York Mets and adds to his existing golf assets, including ownership of TGL's New York Golf Club and a stake in PGA Tour Enterprises through Strategic Sports Group.
- • WTGL's founding ownership structure now includes Arthur Blank (Atlanta), Alexis Ohanian (Los Angeles), and Steve Cohen (New York), with Alex Morgan's Trybe Ventures serving as lead investor in the startup league.
- • The league has confirmed 14 players for its inaugural season, including elite talent such as Lydia Ko, Jeeno Thitikul, and Michelle Wie West.
Summary
Steve Cohen has been announced as the founding team owner of the New York franchise in WTGL, the newly launched women's team golf league being developed by TMRW Sports in partnership with the LPGA. The acquisition was made through Cohen Private Ventures, Cohen's investment vehicle, though specific deal terms remain undisclosed. Industry sources have valued individual WTGL team franchises at approximately $20 million.
Cohen's entry into WTGL extends his growing sports investment footprint. Beyond owning the New York Mets, Cohen already controls TGL's New York Golf Club and maintains a stake in PGA Tour Enterprises through his involvement with Strategic Sports Group. His participation in WTGL positions him as a significant stakeholder in professional golf's emerging landscape as the sport expands into team-based formats and women's competitive play.
The New York team represents the third WTGL franchise to be formally announced. Arthur Blank acquired the Atlanta team, while Alexis Ohanian secured the Los Angeles franchise. Alex Morgan's Trybe Ventures serves as the league's lead institutional investor. WTGL is preparing for its inaugural season launch in fall 2026 and has already secured commitments from 14 players, including world-ranked competitors Lydia Ko, Jeeno Thitikul, and Michelle Wie West.
The league's launch reflects broader capital inflows into women's professional sports and demonstrates institutional investor appetite for alternative sports properties. Cohen's involvement alongside other prominent team owners signals confidence in the WTGL's commercial viability and competitive positioning within professional golf's restructured ecosystem.
Cohen's entry into WTGL extends his growing sports investment footprint. Beyond owning the New York Mets, Cohen already controls TGL's New York Golf Club and maintains a stake in PGA Tour Enterprises through his involvement with Strategic Sports Group. His participation in WTGL positions him as a significant stakeholder in professional golf's emerging landscape as the sport expands into team-based formats and women's competitive play.
The New York team represents the third WTGL franchise to be formally announced. Arthur Blank acquired the Atlanta team, while Alexis Ohanian secured the Los Angeles franchise. Alex Morgan's Trybe Ventures serves as the league's lead institutional investor. WTGL is preparing for its inaugural season launch in fall 2026 and has already secured commitments from 14 players, including world-ranked competitors Lydia Ko, Jeeno Thitikul, and Michelle Wie West.
The league's launch reflects broader capital inflows into women's professional sports and demonstrates institutional investor appetite for alternative sports properties. Cohen's involvement alongside other prominent team owners signals confidence in the WTGL's commercial viability and competitive positioning within professional golf's restructured ecosystem.
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