Overview
- Co-founder Grady Burnett said the league has no Saudi money and described Sela, a subsidiary of the Public Investment Fund, as a third-party events partner it pays.
- Nneka Ogwumike, the WNBPA president and former WNBA MVP, was announced this week as Project B’s first signee.
- Reports say the league is offering seven-figure salaries starting around $2 million per year plus equity, far above the WNBA supermax of $249,244.
- Project B targets a November–April season beginning in 2026 with six teams playing seven two-week tournaments across Asia, Europe, and Latin America, with a men’s event also planned.
- Investor names include Candace Parker, Alana Beard, Novak Djokovic, and Sloane Stephens, fundraising totals remain undisclosed, and Maverick Carter is no longer involved.