Overview
- The startup league announced equity-focused agreements for Kamilla Cardoso, Janelle Salaün, and Li Meng, marking its first wave of international signings.
- Project B, founded by Geoff Prentice and Grady Burnett, plans seven two‑week, neutral‑site tournaments across Europe, Asia, and the Americas in a November–April window.
- Reported offers start around $2 million per top player plus equity, significantly above figures under discussion in WNBA labor negotiations.
- Early commitments include Nneka Ogwumike, Alyssa Thomas, Jonquel Jones, and Jewell Loyd, with the league positioned to launch next fall.
- Executives say event partner Sela is being paid for services and is not a funder, while reported backers include venture investors such as Mangrove Capital, Quiet Capital, and Sequence Equity.