Unrivaled women's basketball league secures $650M valuation after second season

2 sources • 1 min read • Latest: Aug 26, 2026, 8:41 PM

Last updated Aug 26, 2026

Unrivaled women's basketball league secures $650M valuation after second season
Summary

Unrivaled announced a valuation of $650 million following an investment round that exceeded its initial target of $100 million. This marks a significant increase from the $340 million valuation reported in September 2025. The Series C funding, led by Ten Pillars Sports Fund, included notable investors such as Carmelo Anthony and Trae Young. The league, co-founded by Napheesa Collier and Breanna Stewart, expanded to eight clubs and 54 players in its second season, with a player equity pool valued at nearly $200 million. The league's growth continues to signal a positive trend for women's basketball, attracting large crowds and selling out events.

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By the Numbers
  • •Unrivaled's valuation increased by $310 million in one year.
  • •The league had eight clubs and 54 players in its second season.
  • •Player equity is valued at nearly $200 million.
  • •Major investors included Carmelo Anthony and Trae Young.
  • •The league had record attendance figures at sold-out events.
Latest Updates
  • 9:23 PMCBS Sports — Unrivaled valuation nearly doubles to $650 million as league gears up for third season
  • 8:41 PMYahoo Sports — Unrivaled Basketball Valued At $650 Million After New Funding Round
  • 12:04 PMYahoo Sports — Unrivaled announces $650M valuation after second season
What they're saying
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Unrivaled surpasses its $100 million Series C target, reaching a $650 million valuation as the player-owned women’s basketball league prepares for its 3rd season in 2027.

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The offseason women's basketball league co-founded by Napheesa Collier and Breanna Stewart is already worth $310 million more than it was a year ago.

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Only one WNBA team has a higher valuation than the 3-on-3 league after its latest $100 million funding round

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