Published: Jul 21, 2022 by Connel Rumsey | Last Updated: Jul 21, 2022 by Connel Rumsey
Connel has over five years of wrestling journalism experience writing about some of the biggest stories from across the wrestling world. Being a fan for 20 years, Connel has an expansive knowledge from a wide range of various wrestling promotions, including WWE, AEW, NJPW, TNA and Joshi.@connel1405
WWE
The Premier Lacrosse League saw a big boost in it’s financial backing recently, with both WWE and Kevin Durant investing in the sports league.
An article on Bloomberg states that the Chernin Group, who are an existing investor in the PLL, led the round, with founders Paul and Mike Rabil saying that the new infusion valued the company at twice the previous round in June 2021, but did not provide a specific figure.
The PLL is currently in it’s fourth season, and just signed a media rights deal with ESPN earlier this year, with the aim being to expand the brand and make a push for Lacrosse to feature at the 2028 Olympic Games in Los Angeles.
This isn’t the first sports based venture WWE have invested in, famously funding both the original and the rebirthed versions of the XFL, before The Rock took over.
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