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Are you sitting down? I think you should sit down. Do you need a glass of water?
OK, I'm just going to do this. Like a Band-Aid, it feels better in the long run if I just yank it off all in one motion. All right, here goes.
The WNBA is losing a team. In Houston. They are losing the WNBA team in Houston, Texas. I'll give you a second.
According to the WNBA President Donna Orender, the team that won the WNBA title in the league's first four years, from 1997-2000, will be no more because nobody was interested in owning them.
Donna Orender told Houston television station KRIV on Monday that the league-owned Houston Comets would be shut down because new owners couldn't be found.I have to say, this doesn't surprise me. As much as people dog the WNBA for being, well, the WNBA, it never made a ton of business sense to me to invest a ton of money in an organization that has a very low ceiling.
Houston Rockets owner Leslie Alexander, the original owner of the Comets, sold the team to Houston businessman Hilton Koch last year. The WNBA took over the franchise earlier this year and began a search for a new owner.
FanHouse, on the other hand? We invest in prosperous ventures only!
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