Frank Franklin II | A.P
“Our players haven’t even taken the court yet and the foundation we’re building with our partners unites unmatched expertise, strategic insight and an incredible product,” Unmatched President Alex Bazal said in a press release. I said. “Together, we are setting an unprecedented stage for years to come.”
The 3×3 Women’s Hoops League has already raised $7 million. A seed round It was announced in May, meaning the league received $35 million in total funding through 2024. The latest round was led by the Berman family and included NBA champion Giannis Antetokounmpo and 28-time Olympic medalist Michael Phelps.
According to a press release, Unrivaled was co-founded in 2023 by WNBA stars Brenna Stewart and Napheesa Collier and advertised that the player-owned organization would give each Unrivaled player “equity and an interest in her success.” .
The league has signed 36 top players and says it offers the highest average salary in a women’s professional sports league.
While the Women’s National Basketball Association have seen Rapid growth over the past few years, superstar rookies Caitlin Clarke and Angel Reese Received basic salaries. Just over $70,000, Compared to star rookies In the National Basketball Association, who received millions in his first year.
Bayamal announced his signing last week. Under the Armour As such Official Uniform Partner. He also signed an exclusive, multi-year media rights deal. Warner Bros. Discovery To Broadcast his games TNT and truTV as well as on the streaming platform Max. WBD participated in the Series A funding round, the league said Monday.
The round also included private investor Mark Lasry, University of South Carolina women’s basketball head coach Don Staley, and USC guard Jojo Watkins. Previous investors include football phenom Alex Morgan and actor and investor Ashton Kutcher.
The inaugural season will begin on January 17.