And the haters said it would never be "a sustainable business." Jokes on them. 😉
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According to frontofficesports, after reserving around $7M for player salaries, the new 3v3 basketball league still made bank thanks to its exclusive media rights deal with Warner Bros. Discovery and a multitude of corporate sponsors. 🤝💰
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Unrivaled president Alex Bazzell said the league made approximately $1.5M in merch sales, bolstered by the league’s acquisition of WNBA athlete licensing mid-season. 📈
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Bazzell’s next plan to triple revenue? Adding capacity to its 850-seater venue, which Unrivaled will stay in next year instead of touring the country. A second home. 🏠👀
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Where do you want to see Unrivaled go to next, GISTers? 👇
#thegist
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(c/o frontofficesports)
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#womenssports #basketball #unrivaled #sportsbiz #unrivaledbasketball