Atlanta Dream announces ownership transition

From the Atlanta Dream

The Atlanta Dream announced today the transition of team ownership to Mary Brock and Kelly Loeffler from Kathy Betty, pending the approval of the WNBA Board of Governors. Brock and Loeffler joined Betty as the only all-female ownership group of an Atlanta professional sports team in January 2011.

"We are pleased to continue the tradition of delivering exciting professional women’s basketball and continued growth for the Dream that Kathy established beginning with the 2010 season," said Mary Brock. "The Dream is truly an inspirational team that serves as a role model in our community and is embraced by business and civic leaders."

"The Dream has become a valuable asset for the city of Atlanta and we are excited about continuing to build this amazing franchise for the fans and sponsors," said Kelly Loeffler. "We are grateful for the work Kathy did in keeping the team in Atlanta, and look forward to the continued success of this world-class team."

"The Dream will always be very special to me," said Kathy Betty. "We accomplished a lot in the last two seasons – including winning the Eastern Conference Championship and increasing ticket sales and sponsorships. Mary and Kelly’s connections to the community and passion for the game have, and will continue to be, great assets to the team. I know the Dream is well positioned for future success."