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3. MLS: Hendricks in investment group eyeing D.C. United
June 26th, 2006 4:48PM
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WUSA founder John Hendricks is part of a group interested in purchasing MLS's D.C. United, according to Washington media reports. Others in the investment group include Washington businessman Corey Barnette and former Duke basketball player Brian Davis. The group has signed a letter of intent, but no sale is imminent.

"Discussions regarding the sale of the team, in general, are ongoing," D.C. United spokesperson Doug Hicks told the Washington Times, "but it's not likely anything will happen for some time."

Hendricks, the founder and chairman of Discovery Communications, launched WUSA, which began operation in 2001 but folded in 2003. Davis, who played briefly in the NBA, is the managing partner of Blue Devil Ventures, which specializes in urban redevelopment projects. The group has been assembled by D.C. United President Kevin Payne, who has stressed that the club's new owners must have local ties, minority representation and real estate development experience. A previous deal United owner AEG had with another group fell apart.

Congress is currently studying a proposal to transfer land in the District of Columbia that would be used for the construction of a soccer stadium. D.C. United has played at RFK Stadium since its launch in 1996.

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