Dwyane Wade missed an early investment opportunity in Unrivaled but now seeks to join the next round.
Stephen Curry is already an investor, part of a Series A funding round that raised over $28 million.
Unrivaled's inaugural season saw significant viewership, with an average of 221,000 viewers on TNT and truTV.
The final game between Rose and Vinyl averaged 364,000 viewers, a 99% increase from the regular season.
Wade's interest stems from his own experience with 3-on-3 basketball and recognizing its unique challenges and appeal.
Dwyane Wade's initial hesitation to invest in Unrivaled stemmed from his prior commitments to the WNBA and a lack of familiarity with the 3-on-3 league. However, the league's rapid growth and impressive viewership numbers, along with Stephen Curry's involvement, have made it a more attractive prospect. Unrivaled's success highlights a growing interest in alternative basketball formats, offering fast-paced action and a focus on individual player skills. The league features short games, that is all about speed, quick plays and instant reaction. Wade, with a business portfolio spanning multiple sports ventures, sees Unrivaled as a valuable addition, aligning with the increasing visibility and investment in women's sports. In a parallel initiative, Ally Financial partnered with Unrivaled and NASCAR, showcasing the car number 48 with a new colorful scheme to promote women's sports. Breanna Stewart, co-founder of Unrivaled is excited and curious about the initiative.
Q: Why didn't Dwyane Wade invest in Unrivaled initially?
He had already invested in the WNBA and was not fully aware of Unrivaled's concept and potential at the time.
Q: Who are some other notable investors in Unrivaled?
Besides Stephen Curry, investors include Carmelo Anthony, Giannis Antetokounmpo, Coco Gauff, Michael Phelps, Ashton Kutcher, and Mila Kunis.
Unrivaled presents a new, fast-paced format of women's basketball that is gaining significant traction.
The success of Unrivaled could influence the future of basketball investments and league formats.
Dwyane Wade's interest shows the growing recognition of women's sports as a valuable investment opportunity.
Ally Financial partnered with Unrivaled and NASCAR, showcasing the car number 48 with a new colorful scheme to promote women's sports.
Do you think alternative sports leagues like Unrivaled will continue to rise in popularity? Let us know! Share this article with others who need to stay ahead of this trend!
Source: EssentiallySports [https://www.essentiallysports.com/nba-legends-basketball-news-dwyane-wade-announces-plan-to-join-steph-curry-after-rejecting-napheesa-colliers-million-dollar-offer/?ref=yanuki.com]
Source: EssentiallySports [https://www.essentiallysports.com/wnba-news-2x-wnba-mvp-joins-hands-with-rick-hendricks-driver-for-an-unprecedented-nascar-collaboration/?ref=yanuki.com]
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