Billionaire Investor Chamath Palihapitiya Offers to Buy WNBA Team with Lebron James From GOP Senator Kelly Loeffler

It’s only been 48 hours since Lebron James announced his interest in assembling an “ownership group” to purchase the Atlanta Dreams. The proposal garnered several peoples attention with Carmelo Anthony being the first. Now billionaire investor and venture capitalist Chamath Palihapitya has said he’ll take the NBA champion up on that offer.

The Atlanta Dreams is a WNBA team that is currently owned by unseated Republican Senator Kelly Loeffler. Players successfully campaigned against her during the Georgia runoff elections. The GOP member lost to Democrat Raphael Warnock by only 75,000 votes. Dreams players are being credited for helping Warnock receive the legislative victory. Warnock was polling at 9% to Loeffler’s 26% before the team seemingly bolstered him.

Source: Julio Aguilar-Getty Images

Who is Chamath Palihapitiya?

Palihapitiya is a 44 year old Sri -Lankin native who started working at Facebook in it’s grass roots stages. His task was to expand it’s user base. He made several investments during his tenure at the company that included but wasn’t limited to Palantir, Plain Storage, Playdom, and Slack before founding his own firm in 2011. Chamath’s currently resides in Silicon Valley, CA which is known for being liberal. His acquired wealth exceeds $1 billion. Do you think the NBA champion will accept this bid?

Source: Flickr/JD Lasica


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