Unrivaled secures $100 million funding, valued at $650 million

Unrivaled, the women’s 3-on-3 basketball league launched in 2025, has completed a Series C funding round, raising over $100 million. The league is now valued at $650 million, a significant increase from $340 million in September 2025. Notable investors include Carmelo Anthony and Trae Young. Unrivaled reports that 30% of the league is owned by players, with 36 players receiving equity stakes. As part of its growth strategy, Unrivaled plans to move from its current venue by 2028 and target larger arenas while retaining a fan-friendly atmosphere. Unrivaled has signed over 90% of its roster for the 2027 season, while another league, Project B, will begin in January 2027, creating potential competition for talent.

• 12:00 PMYahoo Sports — Unrivaled Valued at $650M After Latest Funding Round, Players Own 30%