New basketball league Unrivaled lands star-studded investor lineup, aims to pay highest average salary in women’s …

May 30, 2024

A new women’s basketball league has attracted a star-studded roster of investors from the media and sports world at a time when ratings and general interest in the WNBA and other professional women’s leagues is rising.

Unrivaled, the pro women’s basketball league founded last year by New York Liberty’s Breanna Stewart and Minnesota Lynx’s Napheesa Collier of the WNBA, said Thursday that it had closed on a seed funding round ahead of its January launch.

Athletes will be given equity in the new league, and Unrivaled said it will also feature contract opportunities that will offer the highest average salary in women’s pro sports league history. cnbc