Unrivaled Women’s Basketball League Is Valued at $650 Million After New Funding Round
- On Wednesday, the 3-on-3 women's basketball league Unrivaled announced a Series C funding round valuing the company at $650 million, led by Ten Pillars Sports Fund, which surpassed the league's initial $100 million target.
- Founded in 2023 by co-founders Napheesa Collier and Breanna Stewart, the league has experienced rapid financial growth, with revenue reaching an estimated $45 million in its second season, up from $27 million during the inaugural year.
- A core element of the business model is the player equity pool, which has increased 550% since launch and is now worth nearly $200 million, providing participating players with equity opportunities alongside competitive salaries.
- Unrivaled president Alex Bazzell confirmed the league will expand tour stops for the third season, which tips off in early January 2027, with 95% of rosters already signed for 2027.
- Investors including UC Investments, Carmelo Anthony, and Ashton Kutcher participated in the round, reflecting support for the 'player-first' model, while the league maintains a six-year media rights deal with TNT for national broadcasts.
31 Articles
31 Articles
Unrivaled valuation jumps to $650M after latest round of fundraising
By Field Level Media Aug 27 (Field Level Media) – Unrivaled’s rapid rise in women’s basketball has carried over to its worth, with the 3-on-3 league now valued at $650 million following its latest funding round. The league raised more than $100 million in an oversubscribed Series C round led by Ten Pillars Sports Fund, which is backed by UC Investments. The new valuation nearly doubles the $340 million figure Unrivaled reached following its Se…
$100M Announcement Puts Angel Reese, Paige Bueckers & Others in Line to Benefit in WNBA Offseason
Unrivaled has been gaining in popularity as a fun yet challenging league for WNBA players during the league’s off-season since its inaugural season in 2025. Instead of waiting around for the WNBA season to start, some of basketball’s biggest stars hone their skill in a unique 3-on-3 format. Now, that popularity has attracted more money than even Unrivaled would generate. Following their Series C fundraising round, Unrivaled announced on Tuesday …
Unrivaled Hoops’ New Funding Round Valuation Reaches $650M
The 3-on-3 women’s basketball league Unrivaled, which debuted in 2025, announced a Series C investment round on Tuesday and raised over $100 million, valuing the league at $650 million. After finishing a series B investment round in September, the league was valued at $340 million, virtually doubling its price in only one year. Ten Pillars Sports Fund spearheaded the fundraising effort, which was supported by UC Investments and featured reinvest…
Unrivaled women’s basketball league valued at $650M, which is nearly double its valuation from a year ago
Unrivaled has raised funds that put its valuation at $650 million, the 3-on-3 women’s basketball league announced. That’s nearly double its valuation from a year ago.
Unrivaled women's basketball league is valued at $650 million aft
Unrivaled has raised funds that put its valuation at $650 million, the 3-on-3 women’s basketball league announced Wednesday. That’s nearly double its valuation from a year ago, when the league closed a Series B funding round. Unrivaled also announced that the portion of the company owned by its players is valued at nearly $200 million. The league said the player equity pool has increased 550% since it was launched. Unrivaled president Alex Bazze…
Unrivaled’s Valuation Jumps to $650 Million Before Third Season
Unrivaled, the 3-on-3 women’s basketball league founded by WNBA stars Breanna Stewart and Napheesa Collier, closed a Series C funding round led by Ten Pillars Sports Fund that surpassed $100 million.
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