Lacrosse

Premier Lacrosse League continues growth with startup-like approach (AXIOS Sports) On its surface, the Premier Lacrosse League is a four-year-old sports league. At its core, it's a scrappy startup that still acts like it's Year 1.
Why it matters: This approach has helped the PLL punch above its weight and quickly develop a reputation as one of America's most innovative sports leagues.

PLL gets investment from TCG, WWE and Thirty Five Ventures to increase player pay and bolster commercial operations (SportsPro Insider) The Premier Lacrosse League (PLL) has announced the closing of a Series D funding round led by the Chernin Group (TCG), which also saw World Wrestling Entertainment (WWE) and Kevin Durant’s Thirty Five Ventures invest.

PLL Reports Boosts in Attendance, Viewership Through All-Star Break (Front Office Sports) The Premier Lacrosse League has a lot of momentum as it enters the second half of its 2022 season.

Premier Lacrosse League Funding Round Reportedly Doubles Valuation (Front Office Sports)

The Premier Lacrosse League raised a new round of capital as it looks to make the leap to the mainstream U.S. sports audience.

The Series D round was led by existing investor The Chernin Group and included some heavy hitters in the sports landscape:

• WWE
• Kevin Durant’s Thirty Five Ventures
• Brooklyn Nets owner Joseph Tsai
• Arctos Sports Partners
• Brett Jefferson, investor and part-owner of the National Lacrosse League’s Albany FireWolves 

The size of the round was not disclosed, but league owners Paul and Mike Rabil told Bloomberg that it doubled the valuation of the league from its June 2021 funding. Arctos led that round with participation from Tsai and New England Patriots owner Robert Kraft.

Lacrosse League Attracts New Funding From WWE, Kevin Durant (Bloomberg) The Premier Lacrosse League raised a fresh round of funding with new investors including World Wrestling Entertainment Inc. and Kevin Durant's venture fund as it eyes a new tournament and bigger media ambitions.