Unrivaled raises funds to reach $650 million league valuation
3 sources • 2 min read • Latest: Aug 27, 2026, 5:25 PM
Last updated Aug 27, 2026
Unrivaled, the professional three-on-three women’s basketball league, announced it has raised funds that lead to a league valuation of $650 million. This Series C funding exceeds all previous funding rounds combined and aims to strengthen the league ahead of its third season beginning January 8. Unrivaled, co-founded by WNBA players Breanna Stewart and Napheesa Collier, provides players with equity stakes, with player-share value now nearing $200 million. The funding was led by the Ten Pillar Sports Fund, with notable investments from sports stars and venture capitalists. As part of its growth strategy, Unrivaled plans to expand its tour model, increasing tour stops from two last season to around eight in 2026.
- •Unrivaled announces $650 million league valuation after new funding round
- •League begins its third season on January 8, 2026
- •Players own significant equity in the league, valued near $200 million
- •Funding led by Ten Pillar Sports Fund, surpassing initial targets
- •Tour stops increase from two to around eight in the 2026 season
- 5:25 PMYahoo Sports — Unrivaled, Co-Founded By Napheesa Collier, Jumps To $650M Valuation After Recent Fundraise
- 1:19 PMYahoo Sports — Unrivaled women's basketball league is valued at $650 million after new funding round
- 12:16 PMYahoo Sports — Unrivaled announces fundraiser that sets league valuation at $650 million
"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 cumulatively 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
"Unrivaled also announced that the portion of the company owned by its players is valued at nearly $200 million. Unrivaled president Alex Bazzell said the Series C funding is more than all of the league’s other funding combined. “This raise reflects the confidence investors have in what we set out to build at Unrivaled: a league where the best players in the world have a real stake in the value they create,” Unrivaled co-founder Breanna Stewart said.
"Unrivaled’s Series C fundraise has surpassed its initial $100 million target and is now oversubscribed, valuing the league at $650 million.
Sources
External links- Yahoo SportsAug 27, 2026, 5:25 PMUnrivaled, Co-Founded By Napheesa Collier, Jumps To $650M Valuation After Recent Fundraise
Unrivaled’s Series C fundraise has surpassed its initial $100 million target and is now oversubscribed, valuing the league at $650 million.
- Yahoo SportsAug 26, 2026, 1:19 PMUnrivaled women's basketball league is valued at $650 million after new funding round
Unrivaled also announced that the portion of the company owned by its players is valued at nearly $200 million. Unrivaled president Alex Bazzell said the Series C funding is more than all of the league’s other funding combined. “This raise reflects the confidence investors have in what we set out to build at Unrivaled: a league where the best players in the world have a real stake in the value they create,” Unrivaled co-founder Breanna Stewart said.
- Yahoo SportsAug 26, 2026, 12:16 PMUnrivaled announces fundraiser that sets league valuation at $650 million
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 cumulatively 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
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