Proving what is good for the gander is definitely good for the goose, Sheila Johnson, the ex-wife of billionaire Charlotte Bobcats owner Bob Johnson, has also purchased a professional basketball franchise.
She is the new owner of the WNBA’s Washington Mystics.
The deal with Lincoln Holdings LLC makes her majority owner, president and governor of the Mystics, and she also becomes an owner and partner with the Washington Wizards and NHL’s Washington Capitals.
Sheila Johnson co-founded Black Entertainment Television (BET) with her former husband, where she spent 17 years until the company was acquired by Viacom in 1997. Sources who worked at BET during many of those years tell the American “you never saw her.”
Bob Johnson made a mint selling out to Viacom and took the cash to buy the team that he named for himself. Meanwhile, the former Mrs. Johnson must have cashed in, too n or on the divorce settlement n and she too now is a sports franchise owner.
“Together we will build on the solid foundation and develop the teams to reach their full potential and greatness,” Johnson said.