Unrivaled Secures $28 Million in Series A Funding, Totaling $35 Million for Women's Basketball League

Unrivaled's Major Investment Milestone

The professional women's basketball league Unrivaled has announced the successful completion of its Series A investment round, raising a remarkable $28 million. This follows a strong foundation of support, bringing the total capital secured by the league to an impressive $35 million before its inaugural season set to launch on January 17, 2025.

The investment round was spearheaded by the Berman Family, alongside contributions from a chorus of sports legends and business moguls. Standout figures such as NBA superstar Giannis Antetokounmpo, renowned investor Marc Lasry, and 23-time Olympic gold medalist Michael Phelps have rallied around Unrivaled, demonstrating a robust belief in the league's potential.

Alex Bazzell, President of Unrivaled, expressed gratitude for the enthusiastic support received, acknowledging the growing momentum for women's sports. He stated, "As women's sports continue to surge in popularity and impact, we're inspired by the growing momentum around Unrivaled and grateful for the strong support from our investors."

An Elite Group of Investors

The Series A funding included backing from a mix of star athletes and strategic business leaders. Among them are Linda Henry, the CEO of Boston Globe Media, and Dawn Staley, the head coach of the University of South Carolina's women’s basketball team. Other notable investors in this round include Amy Banse, retired Comcast executive; Richard 'Rip' Hamilton, a former NBA All-Star; and Joe Ingles, an 11-year NBA veteran with a decorated international career.

The involvement of these figures reflects both a strategic investment and active interest in promoting women's basketball. The league set up an innovative business model that positions players as equity stakeholders, ensuring they have a vested interest in the league's success and trajectory.

A Bright Future for Women's Sports

Unrivaled was co-founded by stars Napheesa Collier and Breanna Stewart, both well-respected figures in women's basketball and champions for its growth. By promoting a player-owned structure, Unrivaled aims to carve out a distinct spot within the sporting landscape. As Staley noted, "Unrivaled is setting the standard through their innovative business model at a pivotal time in the growth trajectory of women's sports."

The league's launch in January 2025 marks a significant moment for women’s professional athletics, featuring the world’s leading basketball talents competing in an unprecedented 3-on-3, full-court format. The commencement will be broadcasted live on TNT Sports, ensuring broad exposure and engagement with fans.

Looking Ahead

As anticipation builds, Unrivaled has announced its six club rosters and a full game schedule for 2025. The excitement surrounding this new league highlights a growing appetite for women's athletic competitions, supported by a wealth of talent and innovative investment approaches.

For ongoing updates and athlete announcements, fans can follow Unrivaled on their official website and social media channels. Unrivaled is not just a league; it embodies a vision and hope for the future of women's sports, driven by the players who are committed to its success.