I have the great honor of officially.
Granting the 16th NWSL team to the city of Denver.
Last month,
a group from Denver won a competitive race to get a new team for the National Women's Soccer league.
It paid $110 million to start a new team,
a record amount for women's soccer and for all of women's sports.
But something else about Denver's bid stood out to our sports reporter, Rachel Bachmann.
Perhaps most important,
they pledged to build a practice facility and a stadium solely for this team.
What's notable about that?
About a year ago, women's professional stadiums essentially didn't exist really in the world.
In the world, in the world.
There might have been a playing field somewhere,
but there was not a stadium for women really anywhere professionally.
Rachel says building a stadium signals a new level of investment coming for women's sports.
Owners are willing to spend sums of money in ways that they had never been willing before.
That's a huge change.
It's hard to overstate what a big change that is.
In the past, when people invested in professional women's sports, it was typically very short term.
So the fact that owners are now saying,