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Premier Lacrosse League secures $100M in historic funding round

The Premier Lacrosse League (PLL) has secured $100 million in a funding round, marking the largest in professional lacrosse history. The investment was led by Ares funds and Joe Tsai, with participation from ESPN and notable investors including actors Rob Mac and Glen Powell. Glen Powell will also serve as a Creative Advisor, focusing on bringing teams to Texas. This funding aims to support the sport's growth, particularly with its inclusion in the 2028 Los Angeles Olympics. AI

RANK_REASON Significant funding round for a professional sports league with celebrity and media investor involvement. [lever_c_demoted from significant: ic=1 ai=0.0]

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Premier Lacrosse League secures $100M in historic funding round

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · The Associated Press ·

    Premier League Lacrosse adds Rob Mac, Glen Powell to investors group in historic $100 million funding round

    The financing round, led by Ares funds and New York Liberty owner Joe Tsai, also included a minority equity investment from ESPN.