Former Atlanta Dream guard Renee Montgomery made history on Friday as part of a three-member investor group that was approved to purchase the team.
The ownership change follows pressure on former Sen. Kelly Loeffler, a Republican who angered WNBA players with her opposition to the league’s racial justice initiatives, to sell her share of the Dream.
Real estate investor Larry Gottesdiener was approved as majority owner of the team. The investor group also includes Montgomery and Suzanne Abair, president of Northland Investment Corp. in Massachusetts, the firm Gottesdiener founded.
Montgomery becomes the first former player to become both an owner and executive of a WNBA franchise. She said she would play an active role with Abair in the leadership of the team.