Derrick Henry and Reese Witherspoon join Nashville SC minority group
The NFL running back and the Hollywood star are amongst the new names that have joined the Major League Soccer side ownership group.
Investing in sports franchises has proven to be a very lucrative business across the world and Major League Soccer is no different. The league has been growing exponentially each year and more people are trying to invest in the new franchises that are entering the league as expansion teams.
Nashville SC entered Major League Soccer in 2020 and they have been making a run for the MLS Cup since day one. They have qualified to the playoffs in their first two campaigns and this year, although they’ve had a wobbly start, they should turn things around sooner rather than later.
New names added to the list of Nashville ownership group
As Nashville SC is focused on improving this season, the franchise announced on Tuesday that Reese Whiterspoon, Tennessee Titans All-Pro running back Derrick Henry and technology investor Jim Toth have joined the ownership group. The announcement was made before Nashville made their debut at GEODIS Park on 1 May against the Philadelphia Union, the largest soccer-stadium in North America.
“We meant it when we said we were doing this in Nashville, with Nashville and for Nashville,” principal owner John Ingram said in a release. “Having Derrick, Reese and Jim join our group signals our commitment to being a club that is going to do things at the highest level and with the best Nashville has to offer.”
“As a kid growing up in Florida, I imagined being a professional sports owner and the opportunity to do that with a Major League Soccer club is truly a dream come true,” said Henry. “My investment in Nashville SC is way more than financial, it’s truly an investment in the city of Nashville. The chance to be part of a club like Nashville SC, especially after seeing what they are accomplishing in the community, was an opportunity I did not want to miss.”
“The team, the management and the players have worked so hard to build this amazing organization and community,” Witherspoon said. “So, I’m thrilled to announce that my husband, Jim Toth, and I have made an investment in the club and are now a part of the ownership group moving forward. On behalf of Jim and our children, we are thrilled to be a part of the NSC family!”