Women’s basketball league Unrivaled secures $28 million in new funding from star-studded investor lineup
Publishing timestamp: 2024-12-16 13:04:16
Summary
Unrivaled, a 3x3 women's hoops league, announced the close of its Series funding round, raising an additional $28 million before its inaugural season. Investors included NBA champion Giannis Antetokounmpo and 28-time Olympic medalist Michael Phelps. The league has signed 36 top players and offers the highest average salaries across any women's professional sports league.
Sentiment: POSITIVE
Keywords: giannis antetokounmpo, alex morgan, alex bazzell, basketball, business news, breanna stewart, angel reese, business, michael phelps, under armour inc, warner bros discovery inc, sports, napheesa collier, caitlin clark,
Source: https://www.cnbc.com/2024/12/16/unrivaled-womens-basketball-league-series-a-funding-round.html