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Palm Beach Gardens Today
By the People, for the People
Alexis Ohanian Buys LA Franchise in New Women's Golf League (WTGL) for $20M
Reddit co-founder doubles down on women's sports with WTGL investment, signaling broader industry trend.
Mar. 29, 2026 at 7:25pm
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Ohanian's investment in the WTGL reflects the growing commercial appeal of women's sports, as investors seek to capitalize on rising viewership and fan engagement.Palm Beach Gardens TodayReddit co-founder Alexis Ohanian has acquired a $20 million franchise in the upcoming Women's Team Golf League (WTGL), joining Atlanta Falcons owner Arthur Blank as a major investor in the new women's sports platform. Ohanian's Los Angeles Golf Club (LAGC) team, fresh off a championship in the TGL league, will compete in the inaugural WTGL season, showcasing the growing investor interest in women's sports properties.
Why it matters
Ohanian's investment in the WTGL is part of a broader trend of increased capital flowing into women's sports leagues and teams. This influx of funding highlights the commercial potential of women's athletics, fueled by rising viewership and fan engagement. The WTGL's innovative team-based format and tech-forward approach aim to attract a new generation of golf fans, positioning the league as an attractive investment opportunity.
The details
The WTGL is a partnership between TMRW Sports (founded by Tiger Woods and Rory McIlroy) and the LPGA, designed to bring a fast-paced, team-based format to the sport of golf. Matches will be played at the custom-built SoFi Center in Palm Beach Gardens, Florida. Ohanian's LAGC team, which includes co-owners Serena and Venus Williams, brings championship pedigree from their recent TGL victory, providing a strong foundation for success in the new league.
- Ohanian acquired the WTGL franchise in March 2026.
- LAGC won the 2026 TGL championship prior to Ohanian's WTGL investment.
The players
Alexis Ohanian
Co-founder of Reddit and leading investor in women's sports, including the WTGL, TGL, Angel City FC, and other women's sports properties.
Arthur Blank
Owner of the Atlanta Falcons, who also invested $20 million in a WTGL franchise.
Los Angeles Golf Club (LAGC)
Ohanian's franchise team that will compete in the inaugural WTGL season, fresh off a championship victory in the 2026 TGL season.
Serena Williams
Co-owner of the LAGC WTGL franchise, alongside her sister Venus Williams.
Venus Williams
Co-owner of the LAGC WTGL franchise, alongside her sister Serena Williams.
What’s next
The WTGL is set to launch its inaugural season in 2027, with the LAGC team led by Ohanian, Serena, and Venus Williams expected to be a top contender.
The takeaway
Ohanian's investment in the WTGL, along with other high-profile investors like Arthur Blank, signals a growing trend of significant capital flowing into women's sports properties. This influx of funding highlights the commercial potential of women's athletics, driven by rising viewership and fan engagement, and positions the WTGL as an attractive platform for disrupting traditional golf fan engagement.
