Full Breakdown
Stephon Castle Joins Ownership Group of CT United Soccer Franchise
3/15/2026, 11:42:33 AM
Rising Star in Multiple Sports
Stephon Castle, a 21-year-old guard for the San Antonio Spurs, has recently become a minority owner of CT United, a new soccer franchise in Connecticut. Castle's involvement in the ownership group, which includes Andre Swanston, one of the few Black majority owners in North American professional sports, marks a significant step in his career as he transitions from player to owner. Castle's journey began when his agent, Joe Smith, and his father presented him with this unique investment opportunity, which he accepted in December 2023.
Background of CT United
CT United is part of Major League Soccer's (MLS) developmental league, Next Pro, aimed at nurturing younger talent and expanding the sport's reach in markets without existing MLS teams. Swanston, who founded the team, emphasized the need to demonstrate the franchise's viability within the MLS ecosystem. He noted Connecticut's affluent population and lack of representation in major sports leagues as key factors in establishing the team. Swanston's vision for CT United includes a strong local identity, supported by initiatives like a free youth academy and partnerships with local businesses.
Ownership Dynamics and Representation
Castle's entry into ownership is notable not only for his age but also for the broader implications regarding diversity in sports ownership. Swanston highlighted that while minority ownership is increasing, it often occurs in smaller stakes, ranging from 1% to 10%. He believes that expanding the definition of ownership groups to include multiple families or entities could enhance opportunities for minority and female ownership in professional sports.
Official Statements & Responses
Castle expressed his commitment to the team and the community, stating, “I wouldn’t say that was a sole reason why I think I made that decision, but it definitely played a factor for sure.” He emphasized his desire to maintain a connection to Connecticut and to contribute to the team's growth from its inception. Swanston echoed this sentiment, noting Castle's affinity for winning and his potential to engage with players who are close in age.
Criticism & Opposition
While the move towards greater diversity in sports ownership is welcomed, some critics argue that the representation of Black owners in major leagues remains insufficient. Currently, there are no Black majority owners in the MLB, NBA, NHL, or NFL, highlighting ongoing disparities in ownership demographics across professional sports.
What's Next for Castle and CT United
As Castle continues to focus on his NBA career, he plans to engage with CT United and its players, fostering relationships that could benefit both his ownership role and his professional development. He envisions this venture as the beginning of a broader involvement in sports ownership, stating, “Later down the line, even after my career, I’m probably definitely going to look into doing this again.”
Castle's dual role as an NBA player and a soccer team owner exemplifies a growing trend among athletes seeking to diversify their investments and influence within the sports industry.
