Sheila Johnson first black female pro-sports team owner

By: Urban Hustler

Sheila Johnson co-founder of BET and the ex-wife of Robert L. Johnson, has become the first black female owner of a professional sports team. The WNBA's Washington Mystics were sold Tuesday to a group headed by Johnson.


Johnson joined Lincoln Holdings LLC which owns the NHL's Washington Capitals and is a 45-percent partner in the Wizards and MCI Center to purchase the Mystics from Washington Sports & Entertainment. Lincoln Holdings LLC was founded by AOL executive Ted Leonsis. With her partnership in Lincoln Holdings LLC, Johnson will be a part owner in the Capitals, Mystics and Wizards.


At a ceremony Tuesday at MCI Center, which included NBA Commissioner David Stern, Leonsis said that Johnson has become a partner in Lincoln Holdings. She will hold the titles of president and managing partner of the Mystics and will represent the team at the board of governors meetings.


"I hope that this is a signal that it's about time that a woman, and an African-American woman, is part of this whole scene of sports," Johnson said.


Johnson is the first African-American woman to be an owner/partner in three professional sports franchises. Her former husband, Robert L. Johnson, who co-founded BET with Johnson, is the owner of the NBA's Charlotte Bobcats.

Other Profiles

  • Mark Mason

    Company: Citi Global Wealth Management Position: Chief Financial Officer Industry: Financial Services Country: United States

  • Channing Dungey

    Channing Dungey

    Born: March 14, 1969, Sacramento, California, United States, Position: President, Company: ABC Entertainment Group, Industry: Television production, Country: United States

  • Lawrence V. Jackson

    Born: July 28, 1953 Company: Wal-Mart Stores, Inc. Position: President and Chief Executive Officer of Global Procurement Industry: Discount, Variety Stores Country: United States

Latest Articles