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Serena Williams, Billie Jean King Invest in Unrivaled Basketball League
Unrivaled's Series B funding led by Bessemer Venture Partners boosts valuation from $95 million to $340 million, with players earning six-figure salaries and equity stakes, league officials said.
- Valued at $340 million, Unrivaled closed an oversubscribed Series B led by Bessemer Venture Partners, with Serena Ventures, Warner Bros. Discovery and Trybe Ventures joining the round.
- Founded in 2023, Unrivaled was created by Breanna Stewart and Napheesa Collier to offer WNBA players a domestic offseason option, debuting with a six-team, eight-week Miami season in January 2025.
- The investor group includes stars and executives such as Trae Young, Stephen Curry and Giannis Antetokounmpo, building on prior Series A and seed rounds totaling over $35 million.
- The capital infusion will finance expanded Miami facilities and player resources, including 15,000 square feet, 150 seats at Wayfair Arena, and increased player compensation this year as Alex Bazzell said, "They are largely majority shareholders."
- The valuation has grown more than tenfold since May 2024, and Unrivaled plans possible expansion with two teams as its second season tips off in January 2026.
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Unrivaled League Now Worth $340 Million, Putting Even More Pressure On The WNBA
The WNBA may have a labor war on its hands, and the competition is making things worse.Unrivaled, the 3-on-3 women’s basketball league co-founded by Breanna Stewart and Napheesa Collier, just announced a new $340 million valuation ahead of its second season. That number is up tenfold from last year, thanks to a major new round of investments led by Bessemer Venture Partners and including Serena Williams’ Serena Ventures, Warner Bros. Discovery a…
·Nashville, United States
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Another group of renowned sports figures has invested in Napheesa Collier and Breanna Stewart's 3x3 women's basketball league, Unrivaled, in a bid to build on its promising inaugural season.
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Total News Sources23
Leaning Left5Leaning Right2Center7Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 36%
C 50%
14%
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