The innovative women’s basketball league, Unrivaled, is making waves before its first game. With $35 million raised through its seed and Series A funding rounds, the league has attracted high-profile investors, including NBA star Giannis Antetokounmpo, Olympic legend Michael Phelps, and South Carolina basketball coach Dawn Staley. Led by the Berman Family, this financial backing solidifies Unrivaled’s place as a major force in women’s sports.
The Series A round, which closed with $28 million in contributions, showcases an impressive roster of supporters from various fields. Investors include:
- Giannis Antetokounmpo: NBA Champion and founder of Build Your Legacy Ventures.
- Michael Phelps and Nicole Phelps: Advocates for mental health and leaders of the Michael Phelps Foundation.
- Linda Henry: Partner at Fenway Sports Group and CEO of Boston Globe Media.
- Marc Lasry: Co-founder of Avenue Sports Fund.
- JuJu Watkins: Rising basketball star and sophomore guard at USC.
- Other notable contributors include Warner Bros. Discovery, retired NBA star Richard “Rip” Hamilton, and 11-year NBA veteran Joe Ingles.
“Unrivaled is setting the standard for women’s basketball through an innovative business model,” said Marc Lasry. “This league is poised to thrive in the global sports ecosystem.”
Co-founded by WNBA stars Napheesa Collier and Breanna Stewart, Unrivaled emphasizes player ownership. Every athlete participating in the league’s debut season holds equity, ensuring their vested interest in the league’s success.
In November, the league announced its six-team roster and finalized its 2025 schedule. Fans can look forward to Unrivaled’s inaugural tip-off on January 17, 2025, with live broadcasts on TNT and truTV, alongside streaming options on Max.
A bright future for women’s sports
“Women’s sports are experiencing unprecedented growth, and Unrivaled is positioned to harness that momentum,” said league president Alex Bazzell. “This foundation of elite partnerships and investments sets the stage for years to come.”
With top-tier talent, significant financial backing, and a groundbreaking approach, Unrivaled is redefining professional women’s basketball. As the league prepares for its historic debut, fans and investors alike eagerly anticipate the impact it will have on the sport.