Unrivaled lands $650M valuation after oversubscribed Series C funding

Unrivaled, the pro three-on-three women’s basketball league, announced an oversubscribed Series C funding that values the league at $650 million, with Ten Pillar Sports Fund leading and the player-equity pool growing to about $200 million. High-profile backers include Carmelo Anthony, Trae Young, Geno Auriemma, Trybe Ventures, Ashton Kutcher, and Bessemer. The league, entering its third season, will start January 8, 2027, keep six-player rosters (six in development) with plans to add more roster spots in Season 4, expand its tour model to roughly eight stops in 2026, and continue a six-year TNT rights deal while growing nationwide and boosting the fan/player experience.