The franchise could also raise the city's profile as a major sports town. The proposal for a WNBA team named the Tennessee Summitt comes as the popularity of the sport is skyrocketing and as Nashville solidifies its status as a cultural and economic engine in the Southeast.

The chairman of the NHL’s Nashville Predators and his wife want to bring the WNBA to Music City and have teamed up with a star-filled investor group including Candace Parker, Pro Football Hall of Fame

A group including Candace Parker, Peyton Manning, Tim McGraw and Faith Hill submitted a bid on Thursday to bring a WNBA expansion franchise to Nashville.

News of the Nashville bid comes in the midst of a growth period in the WNBA, which intends to expand to 16 teams by 2028.