about 12 hours ago

Unrivaled Hits $340M Valuation After Doubling Year-One Revenue

Just seven months after tipping off, women’s basketball league Unrivaled is now valued at $340M following a Series B led by Bessemer Venture Partners, with Serena Ventures, Warner Bros. Discovery, and Trybe Ventures joining in. The league nearly broke even in its $30M debut season, with players averaging $222K salaries plus equity. Backers include stars like Giannis, Curry, and Serena Williams.