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Seattle Medium
4 days
New study: Young Blacks And Latinos Lack Access To Wealth-building Tools
A new study by the Julian Bond Institute (JBI), 'Ambition Without Access,' highlights that younger, more diverse generations, despite demonstrating high financial motivation and optimism, face significant structural barriers to achieving key financial milestones such as homeownership, business creation, and secure retirement.
Seattle Medium
4 days
On Juneteenth, I’ll Celebrate Black Music At Andrew Jackson’s Plantation
Ben Jealous, former President and CEO of the NAACP, is slated to commemorate Juneteenth at The Hermitage, Andrew Jackson's former plantation, with a celebration of Black music. The event aims to honor the profound cultural contributions of enslaved individuals and underscore the inherent right to freedom, a principle historically denied on grounds where over 300 people were held in bondage.
Davy Jones Locker Room
4 days
Melinda French Gates Becomes Minority Owner of the Seattle Kraken
Melinda French Gates is becoming a minority owner of the Seattle Kraken, the team’s parent company said Monday, pending approval from the NHL. The size of her stake and the terms were not disclosed. French Gates, 61, the philanthropist and ex-wife of Microsoft co-founder Bill Gates, is buying into One Roof Sports and Entertainment, the company that owns the Kraken. ESPN’s Emily Kaplan first reported the deal. French Gates is worth about $30 billion, according to Forbes, and the investment is her first ownership stake in a major professional sports team. She joins a group led by majority owner Samantha Holloway that includes minority investors David Wright, Amazon CEO Andy Jassy, and producer Jerry Bruckheimer. Holloway became majority owner in December 2024 after the death of her father, David Bonderman, the TPG co-founder whose group, Seattle Hockey Partners, won the expansion franchise. “As a longtime Seattle resident, it means a lot to me to have the chance to make this investment in our city and its future,” French Gates said in a statement. “I’m a big believer in the power of sports, and after many years of cheering on Seattle from the sidelines, I’m excited to have an even deeper connection to the Seattle sports community. Seattle is an engine of innovation in so many ways, and Samantha Holloway’s leadership of the Kraken and Climate Pledge Arena reflects that.” Holloway said in the statement, “Melinda is an impressive business leader, philanthropist and importantly, a Seattle sports fan. We share many of the same values, including a deep commitment to Seattle and a belief in building organizations that create lasting impact.” “It’s just time,” French Gates told ESPN. “What you’re seeing is a generation of women coming into their full power. I’ve walked into tough rooms, and being one of the few is very hard. Once we can create enough that we’re one of many, it just gets easier.” Though originally from Dallas, French Gates has lived in the Seattle area for nearly 40 years. She joined Microsoft in 1987, where she met Bill Gates, and worked on multimedia products before leaving in 1996. She co-chaired the Bill and Melinda Gates Foundation from 2000 until 2024 and now runs Pivotal, a Kirkland-based organization she founded in 2015 to support women and young people in the United States and abroad. One Roof Sports and Entertainment, created in March, owns the Kraken and controls Climate Pledge Arena, along with the Kraken Community Iceplex, the rebuilt Memorial Stadium, and the AHL’s Coachella Valley Firebirds. The group is pursuing an NBA expansion team for Seattle. What this means for the Kraken Nothing changes from a hockey operations standpoint. Jason Botterill will continue to be the GM, they are conducting an audit, they will pursue free agents and make draft picks and attempt trades and it will be business as usual there. The addition brings financial security. Though the NHL has a hard salary cap, Scouting, front office salaries, player development, analytics, facilities, and support staff are not subject to an NHL salary cap and can vary from organization to organization, depending on the owners’ willingness and ability to spend money. A group with French Gates’s money can cover all of that through a rebuild without needing the team to turn a profit, and won’t be forced to cut costs or tear the team down in a bad year. There is also a very expensive NBA bid going on. In March, the NBA’s Board of Governors voted to explore expansion in Seattle and Las Vegas, and Holloway’s group, advised by JPMorgan Chase and Moelis, is the only public Seattle bidder. The NBA hired PJT Partners to evaluate the markets, ownership groups, and arenas and the expansion fees is projected to be somewhere in the $6 to $10 billion range. French Gates is now an owner in One Roof, the group pursuing the NBA team, so her money is already behind that effort. Though we don’t know the extent of her stake, her fortune is several times the projected fee, and because the NBA weighs the strength of each ownership group, her name helps the Seattle bid. Her most visible impact will probably be in the community. The One Roof Foundation has focused on getting more kids into sports, and French Gates has spent her career working on opportunities for women and families. Holloway said, “We’re really aligned on that.” For the Kraken, the deal leaves them with a richer, steadier ownership group. For One Roof, it adds another prominent name as it tries to bring the NBA back to Seattle.
Seattle Medium
5 days
Voting Begins For The Seattle Medium’s Best Of The Best Northwest Readers’ Choice Awards, Nominees Announced
The Seattle Medium has announced the official nominees for its inaugural Best of the Best Northwest Readers’ Choice Awards, with community voting opening June 1 and continuing through June 19, 2026. The awards program recognizes outstanding businesses, nonprofits, community leaders, educators, athletes, advocates and cultural institutions throughout the Pacific Northwest. Nominees were selected through a […]
Seattle Medium
5 days
After Almost Four Years Away From Tennis, Serena Williams Is Set To Return To The Court
Tennis great Serena Williams is slated to make her return to the court next week, competing in the doubles competition at the HSBC Championships after an almost four-year hiatus from professional play.
Seattle Met
5 days
The 25 Greatest Seattle Athletes
A totally objective, impossible-to-dispute ranking.
Seattle Medium
5 days
A Supreme Court Skeptical Of Death Row Appeals Has Recently Sided With Three Inmates
The Supreme Court has sided with Florida death row inmate Gary Richard Whitton, who was previously unable to challenge his sentence despite a key witness having lied during his trial. This decision marks the third instance in recent weeks where the conservative high court has ruled in favor of a death row inmate.
Seattle Medium
5 days
Artists Are Bailing On A Trump-Backed Concert Series For America’s 250th. Now He’s Hosting His Own Ceremony
President Donald Trump will host the opening ceremony for the Great American State Fair after several performing artists, including Young MC, Bret Michaels, and Martina McBride, withdrew from the event's concert series, citing concerns over its political associations.
Seattle Medium
5 days
San Antonio Spurs Knock Off The Defending Champs, Will Play The New York Knicks In The NBA Finals
The San Antonio Spurs secured a decisive 111-103 victory over the Oklahoma City Thunder in Game 7 of the Western Conference Finals, earning their first NBA Finals appearance since 2014. Led by Victor Wembanyama, who posted 22 points and seven rebounds, the Spurs will now face the New York Knicks in a championship series, a notable rematch of the 1999 Finals.
Seattle Medium
5 days
The World Cup Squad Reveal Videos Are Full Of Easter Eggs You Probably Missed
Ahead of the 2026 FIFA World Cup, participating nations have released a series of creative squad reveal videos, celebrating their respective histories, cultures, and national pride through intricate 'Easter eggs' and in-jokes for dedicated fans.
Seattle Medium
5 days
Haiti Heads To The World Cup, Bringing Rare Unity To A Country Beset By Crisis
Haiti's national soccer team has secured a historic qualification for the World Cup, marking their first entry into the global tournament in over 50 years. This achievement comes despite significant challenges posed by the nation's violent instability, which has necessitated the team's training abroad and left many young athletes without access to vital domestic sports facilities.
Seattle Medium
5 days
KSI Has Left Youtube Collective The Sidemen
Content creator KSI, known also as Olajide Olatunji, has announced his departure from the popular YouTube collective, the Sidemen, after more than a decade. The decision, which reportedly surprised his fellow members, was attributed by the 32-year-old to a personal need for better life balance and the desire to dedicate full commitment to his individual projects, stating he could no longer give 100% to the group.