PHILADELPHIA (WPVI) — Women’s sports are gaining momentum in Philadelphia, and leaders say the city is poised to build on that success.

Excitement continues to grow around the new WNBA team set to arrive in 2030.

The franchise will be based in South Philadelphia, becoming the city’s first new professional sports team since 2005 and the league’s 18th nationwide.

RELATED: Philadelphia’s WNBA expansion team officially approved

That rising interest is one reason Drexel University hosted “The Business of Women’s Sports” conference.

Caroline Fitzgerald is the CEO of GOALS. She is an expert focused on the business side of the game.

“We know how big the sports industry is, so it just makes sense we should value women in that context,”she said.

The Unrivaled Women’s Basketball League filled the Xfinity Mobile Arena, setting an attendance record. The women of the 3-on-3 basketball league are set to return to Philadelphia in February 2027.

RELATED: Unrivaled women’s 3-on-3 basketball league sells out Xfinity Mobile Arena

Advertisers and investors are taking notice.

“With all the success that we are having, it’s a business that’s still in its infancy and so there’s lots of stories to tell,” said John Stanley, CEO of MOD and MODHealth.

The Philadelphia Sisters, a group dedicated to expanding women’s sports in Philly, are among those pushing the movement forward.

Recently hosting the Ennoble Care Philly Open at the Hamlin Tennis Center at the University of Pennsylvania in August.

“Philadelphia has been amazing. And it’s so hungry for women’s sports. It’s happening. And before you know it, we will be the sports capital of the world,” said Alexandra Neidbalski-Sykes, president and cofounder of Philadelphia Sisters.

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