Who Owns the Chicago Sky WNBA Team?
The Current Ownership Group
The Chicago Sky WNBA team is currently owned by a group led by Michael Alter, a Chicago-based businessman. Alter is the founder and CEO of PEAK6 Investments, a global investment management firm. The ownership group also includes Sky President and CEO Adam Fox, former Bulls player and coach James Johnson, and several other investors.
History of Ownership
The Sky were founded in 2005 as one of the eight original WNBA expansion teams. The team was originally owned by a group led by Bulls and White Sox owner Jerry Reinsdorf. In 2015, Reinsdorf sold the team to a group led by Alter.
Alter's Vision for the Sky
Under Alter's ownership, the Sky have become one of the most successful teams in the WNBA. The team has won two WNBA championships (2019, 2021) and has made the playoffs in each of the past seven seasons. Alter has invested heavily in the team, both on and off the court. He has upgraded the team's practice facilities and hired a top-notch coaching staff. He has also been a vocal supporter of the WNBA and its players.
Conclusion
Michael Alter is a passionate and committed owner who has helped the Chicago Sky become one of the most successful teams in the WNBA. He is a valuable asset to the team and the league.
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