
Sidley is representing Monarch Collective in connection with its minority investment in the Cleveland WNBA expansion team, which is set to begin play in 2028 as part of the league’s continued expansion.
Monarch Collective joins a broader ownership group assembled by Rock Entertainment Group that includes a range of strategic investors and business leaders with local ties. The investment reflects increasing institutional interest in women’s professional sports and positions Monarch Collective to further expand its portfolio across leading teams and leagues.
The Cleveland franchise is one of three recently awarded WNBA expansion teams, alongside teams in Detroit and Philadelphia, underscoring the league’s accelerating growth and rising demand for investment opportunities in women’s sports. Monarch Collective has been an active investor in the sector, with prior investments in professional women’s soccer clubs and related sports platforms
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record

