2 days ago
As the WNBA season winds down, Unrivaled will return in the coming months riding a wave of optimism after another successful round of fundraising.
The 3x3 women's basketball league, founded by former UConn stars Napheesa Collier and Breanna Stewart, announced Wednesday that a Series C fundraising round increased the organization's value to $650 million - Unrivaled was valued at just $340 million in 2025.
UConn coach Geno Auriemma was among the investors in the latest $100 million round, which also included NBA stars Carmelo Anthony and Trae Young, along with women's soccer icon Alex Morgan and actor Ashton Kutcher.
"We're partnering with investors who share our vision to create lasting value and greater opportunity for the best players in the world, while continuing to elevate the game for fans," co-founder and CEO Alex Bazzell, who is also Collier's husband, said in a statement Wednesday.
About 30% of this value, or around $200 million, is controlled by Unrivaled players - the league claims that 97% of the league's roster, and all 36 of the league's founding players, own equity, according to Front Office Sports. Former UConn star Paige Bueckers signed a three-year contract with Unrivaled in April 2025, which included an undisclosed share of equity in the league.
#round
The 3x3 women's basketball league, founded by former UConn stars Napheesa Collier and Breanna Stewart, announced Wednesday that a Series C fundraising round increased the organization's value to $650 million - Unrivaled was valued at just $340 million in 2025.
UConn coach Geno Auriemma was among the investors in the latest $100 million round, which also included NBA stars Carmelo Anthony and Trae Young, along with women's soccer icon Alex Morgan and actor Ashton Kutcher.
"We're partnering with investors who share our vision to create lasting value and greater opportunity for the best players in the world, while continuing to elevate the game for fans," co-founder and CEO Alex Bazzell, who is also Collier's husband, said in a statement Wednesday.
About 30% of this value, or around $200 million, is controlled by Unrivaled players - the league claims that 97% of the league's roster, and all 36 of the league's founding players, own equity, according to Front Office Sports. Former UConn star Paige Bueckers signed a three-year contract with Unrivaled in April 2025, which included an undisclosed share of equity in the league.
#round
3 days ago
Unrivaled, the professional three-on-three women's basketball league, announced Wednesday that it had raised money that puts the league's valuation at $650 million.
Unrivaled president Alex Bazzell said in a statement that this Series C funding is ******* ulatively more than all of the league's other funding combined, and he sees it helping strengthen the league, which will enter its third season this winter. The valuation is an estimate made by the league.
The three-on-three league was co-founded by WNBA stars Breanna Stewart and Napheesa Collier (Bazzell's wife) and provides players with an equity stake in addition to their salaries. The players remain the largest shareholder group after this latest investment round, with the value of the player-equity pool increasing to nearly $200 million, according to the league.
Ten Pillar Sports Fund, backed by UC Investments, led the Series C raise, which is oversubscribed, surpassing the league's initial $100 million target. Sports stars including Naismith Hall of Famer Carmelo Anthony, Washington Wizards guard Trae Young and UConn coach Geno Auriemma, and former U.S. soccer star Alex Morgan's Trybe Ventures, actor Ashton Kutcher and Bessemer Venture Partners built on previous investments in the league. The estimated valuation of the eight-team league puts it ahead of each WNBA team except that of the Golden State Valkyries, according to Sportico's 2026 WNBA valuation ranking.
"Anyone who's watched Unrivaled knows this game is every bit as thrilling as any other sport out there — and there's another essential ingredient that drew us in: Unrivaled's athletes don't just play in the league, they own a piece of it," UC Investment chief investment officer Jagdeep Singh Bachher said in a statement. "We're excited to help propel that momentum forward."
#league #alex
Unrivaled president Alex Bazzell said in a statement that this Series C funding is ******* ulatively more than all of the league's other funding combined, and he sees it helping strengthen the league, which will enter its third season this winter. The valuation is an estimate made by the league.
The three-on-three league was co-founded by WNBA stars Breanna Stewart and Napheesa Collier (Bazzell's wife) and provides players with an equity stake in addition to their salaries. The players remain the largest shareholder group after this latest investment round, with the value of the player-equity pool increasing to nearly $200 million, according to the league.
Ten Pillar Sports Fund, backed by UC Investments, led the Series C raise, which is oversubscribed, surpassing the league's initial $100 million target. Sports stars including Naismith Hall of Famer Carmelo Anthony, Washington Wizards guard Trae Young and UConn coach Geno Auriemma, and former U.S. soccer star Alex Morgan's Trybe Ventures, actor Ashton Kutcher and Bessemer Venture Partners built on previous investments in the league. The estimated valuation of the eight-team league puts it ahead of each WNBA team except that of the Golden State Valkyries, according to Sportico's 2026 WNBA valuation ranking.
"Anyone who's watched Unrivaled knows this game is every bit as thrilling as any other sport out there — and there's another essential ingredient that drew us in: Unrivaled's athletes don't just play in the league, they own a piece of it," UC Investment chief investment officer Jagdeep Singh Bachher said in a statement. "We're excited to help propel that momentum forward."
#league #alex
3 days ago
Unrivaled, the 3-on-3 women's basketball league that launched in 2025, announced a Series C funding round Tuesday, securing more than $100 million in funding that values the league at $650 million.
The league has nearly doubled its valuation in a year; It was valued at $340 million in September after closing a series B funding round. The fundraising around was led by Ten Pillars Sports Fund, backed by UC Investments, and also included reinvestments from notable sports figures Carmelo Anthony, Geno Auriemma, Trae Young, Alex Morgan, and Trybe Ventures.
In comparison, the Connecticut Sun, the most recent WNBA franchise sold, was purchased for $300 million earlier this year. The Golden State Valkyries are the highest-valued WNBA team at $1 billion, according to CNBC projects released in May.
"I think this is a testament to how quickly the **** e is evolving and growing, but also to the incredible foundation that we've built," Unrivaled co-founder Alex Bazzell told Front Office Sports. Bazzell co-founded the league with WNBA stars Breanna Stewart and Napheesa Collier, who is also his wife.
Unrivaled also announced that the portion of the company owned by players is valued at nearly $200 million, about 30% of the company. The league says the player equity pool has increased 550% since it was launched.
#million #unrivaled #bazzell
The league has nearly doubled its valuation in a year; It was valued at $340 million in September after closing a series B funding round. The fundraising around was led by Ten Pillars Sports Fund, backed by UC Investments, and also included reinvestments from notable sports figures Carmelo Anthony, Geno Auriemma, Trae Young, Alex Morgan, and Trybe Ventures.
In comparison, the Connecticut Sun, the most recent WNBA franchise sold, was purchased for $300 million earlier this year. The Golden State Valkyries are the highest-valued WNBA team at $1 billion, according to CNBC projects released in May.
"I think this is a testament to how quickly the **** e is evolving and growing, but also to the incredible foundation that we've built," Unrivaled co-founder Alex Bazzell told Front Office Sports. Bazzell co-founded the league with WNBA stars Breanna Stewart and Napheesa Collier, who is also his wife.
Unrivaled also announced that the portion of the company owned by players is valued at nearly $200 million, about 30% of the company. The league says the player equity pool has increased 550% since it was launched.
#million #unrivaled #bazzell
