Issa Rae Joins San Diego FC’s Ownership Team
Actress, producer, and entrepreneur Issa Rae is making waves in the sports industry. She has officially become part owner of Major League Soccer (MLS) expansion team San Diego FC. The team is set to make its debut in 2025, and Rae’s involvement marks a significant move for Black women in sports ownership.
On February 11, San Diego FC announced Rae as one of its new owners. The team believes her strong background in media, community building, and amplifying diverse voices aligns with its mission. Rae sees this as an opportunity to uplift the local community while expanding her business portfolio into the sports world.
“Joining San Diego FC’s ownership group is an incredible honor, and I am thrilled to be part of building something that represents and uplifts this vibrant community,” Rae said in a statement.
San Diego FC Prepares for Its 2025 MLS Debut
San Diego FC is one of the newest teams in Major League Soccer and will officially take the field in 2025. The team’s leadership is focused on building a strong presence, both on and off the pitch. The club will play its first match on February 23 against reigning MLS Cup champions LA Galaxy. The team’s first home game at Snapdragon Stadium is scheduled for March 1 against St. Louis CITY SC.
Rae’s role as part owner brings added excitement to the club. With her involvement, the team hopes to strengthen community engagement and attract a wider audience. San Diego FC aims to unite people through soccer while fostering a culture of diversity and excellence.
Pave Investments and the Growing Black Presence in Sports Ownership
Issa Rae’s investment in San Diego FC was made through Pave Investments, a private African investment firm. This firm has played a significant role in promoting Black ownership in sports. In 2021, Pave Investments helped lead an investment group for NBA Africa.
Along with Rae, Pave Investments Chairman Tunde Folawiyo and Founding Director Kwamena Afful are also joining San Diego FC’s ownership group. Their involvement highlights a growing trend of Black entrepreneurs making an impact in global sports.
San Diego FC’s CEO, Tom Penn, expressed his excitement about Rae’s role in the team’s future.
“Issa’s passionate connection to the Right to Dream mission aligns perfectly with our vision,” Penn said. “Her influence and perspective will be invaluable as we continue building a world-class football club that reflects the diversity and energy of San Diego.”
The Future of Issa Rae in Sports
Rae’s entry into sports ownership is just one of many business moves she has made in recent years. From her work in Hollywood to launching restaurants and beauty brands, she continues to expand her influence.
Her involvement with San Diego FC highlights a growing presence of Black investors in professional sports. It also opens doors for more Black women to step into leadership roles in the industry.
As San Diego FC prepares for its MLS debut, Rae’s role will likely help shape the team’s image and community outreach. With her passion for representation and diversity, she is poised to leave a lasting impact on the club and the league as a whole.
