Overview
- One Roof announced Monday that Melinda French Gates will become a minority investor in the Seattle Kraken ownership group, with the deal subject to NHL approval and financial terms not disclosed.
- The announcement follows One Roof’s recent acquisition of a majority interest in Climate Pledge Arena, giving the group primary control of the team’s home venue.
- French Gates is a longtime Seattle resident and philanthropist with an estimated $30 billion net worth who has not previously held a stake in a major professional sports franchise.
- One Roof says the addition aligns with its civic mission and the work of the One Roof Foundation, which leads projects such as the Memorial Stadium public‑private partnership to expand youth access to sports.
- The new investor raises One Roof’s profile as it conducts an external review of hockey operations and prepares to pursue an NBA franchise if the league expands, though formal approvals and financial details remain pending.