{"id":827833,"date":"2026-08-27T18:34:11","date_gmt":"2026-08-27T18:34:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/827833\/"},"modified":"2026-08-27T18:34:11","modified_gmt":"2026-08-27T18:34:11","slug":"is-unrivaled-actually-worth-650-million","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/827833\/","title":{"rendered":"Is Unrivaled Actually Worth $650 Million?"},"content":{"rendered":"<p><a target=\"_blank\" href=\"https:\/\/substackcdn.com\/image\/fetch\/$s_!_JbI!,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F64dd2c91-c91d-4e0c-80ed-22c3aa945ed1_1920x1080.webp\" data-component-name=\"Image2ToDOM\" class=\"image-link image2 is-viewable-img can-restack\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/08\/https:\/\/substack-post-media.s3.amazonaws.com\/public\/images\/64dd2c91-c91d-4e0c-80ed-22c3aa945ed1_1920.jpeg\" width=\"1456\" height=\"819\" data-attrs=\"{&quot;src&quot;:&quot;https:\/\/substack-post-media.s3.amazonaws.com\/public\/images\/64dd2c91-c91d-4e0c-80ed-22c3aa945ed1_1920x1080.webp&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:819,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:null,&quot;alt&quot;:&quot;Unrivaled lands $650M valuation ahead of its third season - Fast Company&quot;,&quot;title&quot;:null,&quot;type&quot;:null,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}\" alt=\"Unrivaled lands $650M valuation ahead of its third season - Fast Company\" title=\"Unrivaled lands $650M valuation ahead of its third season - Fast Company\"   fetchpriority=\"high\" class=\"sizing-normal\"\/><\/a><\/p>\n<p>Unrivaled just announced a massive fundraising round: $106 million in additional capital. $650 million valuation. Carmelo Anthony, Alex Morgan, Geno Auriemma, Ashton Kutcher, and Trae Young all wrote checks. The league generated $45 million in revenue last year, up from $21 million the year prior. And since players own 30% of the company, their equity stake is now worth just under $200 million.<\/p>\n<p>These are impressive numbers. But you can also get those details anywhere. I\u2019m not interested in rewriting the press release. Instead, I want to have some fun. So for today\u2019s newsletter, we\u2019re going to dig into the numbers. We\u2019ll start by breaking down Unrivaled\u2019s business model and unique value proposition. But then I want to get into the good stuff, including how much money Unrivaled makes per event, future TV rights negotiations, and what type of return new investors will demand.<\/p>\n<p>Here\u2019s what you need to know\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"Unrivaled just announced a massive fundraising round: $106 million in additional capital. $650 million valuation. Carmelo Anthony, Alex&hellip;\n","protected":false},"author":2,"featured_media":827834,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[99,434],"class_list":["post-827833","post","type-post","status-publish","format-standard","has-post-thumbnail","category-wnba","tag-sports","tag-wnba"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/827833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=827833"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/827833\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/827834"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=827833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=827833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=827833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}