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Unrivaled Valued at $340 Million as League Expands for 2026 With Two New Clubs

Investor demand plus strong year-one audience metrics fueled earlier-than-planned growth.

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Unrivaled Expands League With Two New Clubs and Development Pool Ahead of Season Two

Overview

  • Unrivaled will add Breeze BC and Hive BC for season two in January 2026, bringing the league to eight teams.
  • The expansion creates 12 additional roster spots and a six-player development pool that trains on-site and can be called up as needed.
  • To fit the growth, the league will introduce a fourth game night each week, with each club playing twice and back-to-backs removed.
  • The oversubscribed Series B led by Bessemer Venture Partners sets the league’s valuation at $340 million, with Serena Ventures, Warner Bros. Discovery and Trybe Ventures among investors.
  • Inaugural-season coverage averaged 221,000 viewers and delivered record women’s basketball audiences on TNT, truTV and Max, including a 364,000-viewer championship game.