League: F1 Sport: Motorsports Country: Global Category: Rumors

Premier Jumping League sells first franchise for $50 million

Yahoo Sports • 1 min read • Latest: Jun 29, 2026, 7:35 PM

Last updated Jun 29, 2026

Premier Jumping League sells first franchise for $50 million

Summary

The Premier Jumping League has announced the sale of its first franchise, the McCarthy Jumping Team, for $50 million. Jason McCarthy, an investment firm founder and Ferrari Challenge competitor, purchased the team. The sale marks a significant valuation for the league, which has yet to begin competition. Set to launch in April 2027 with 16 teams and 14 international events, the league aims to carve a niche in the global equestrian market, valued at $300 billion. It promises $300 million in prize money over the first three seasons and plans to broadcast events for free alongside a documentary series with Box-to-Box Films.

Source Links

Yahoo Sports

Key Details

•McCarthy Jumping Team purchased by Jason McCarthy
•League plans to launch in April 2027
•16 teams expected to compete in international events
•PJL offers $300 million in prize money over three seasons
•Broadcasts will be free to viewers with accompanying documentary series

Latest Updates

7:35 PMYahoo Sports — Frank McCourt’s Equestrian League Sells First Franchise for $50M

What they're saying

"
The Premier Jumping League, the equestrian competition founded by former Los Angeles Dodgers owner Frank McCourt, has sold its first franchise for $50 million, the league announced on Monday. The team, which will be called the McCarthy Jumping Team, was purchased by Jason McCarthy. McCarthy, an MIT graduate and an alumnus of quantitative trading firm …
— Yahoo Sports

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