Startup basketball league Unrivaled announced on Monday it’s closed a Series A funding round, raising an additional $28 million before its inaugural season.
“Together, we’re setting the stage for Unrivaled for years to come.”The 3x3 women’s hoops league already secured $7 million in a seed round announced in May, meaning the league has received $35 million in total funds in 2024.
The league has signed 36 top players and said it offers the highest average salaries across any women’s professional sports league.
Unrivaled announced last week it had signed Under Armour as its official uniform partner.
The round also included private investor Marc Lasry, University of South Carolina women’s basketball head coach Dawn Staley, and USC guard JuJu Watkins.
Persons:
“, Alex Bazzell, Berman, Giannis Antetokounmpo, Michael Phelps, Breanna Stewart, Napheesa Collier, Caitlin Clark, Angel Reese, Armour, It’s, WBD, Marc Lasry, Dawn Staley, JuJu Watkins, Alex Morgan, Ashton Kutcher
Organizations:
NBA, WNBA, National Basketball Association, Warner Bros, TNT, University of South Carolina, USC