Shocking New Owners: Chicago Red Stars Sold for $60 Million

The Chicago Red Stars were sold to a local investment group for $60 million.

The ownership group is headed by Laura Ricketts, who also owns the Chicago Cubs and Sky.

Ricketts wants to take advantage of the rising popularity of women's soccer worldwide.

Promise to assemble a team of executives who are player-focused.

The selling of the team comes after the Rory Dames and other NWSL coach problems.

Jessica Berman, commissioner of the NWSL, welcomes Laura Ricketts and company.

The NWSL's future and the Red Stars' expansion are aided by new ownership's resources.

A historic occasion as the Chicago Red Stars begin a new chapter.