Premier Lacrosse League Eyeing Franchise Sales by 2028
Published on Β· Source: cnbc.com
AI Summary
Summarized by AI from the source belowThe Premier Lacrosse League (PLL) plans to sell franchises to individual owners or groups by 2028, as co-founder Paul Rabil stated. Currently, the league operates with eight teams and aims to expand to 16 over the next decade. Recently, the PLL raised $100 million in a Series E funding round to support this growth. Rabil highlighted the upcoming 2028 Los Angeles Summer Olympics as a pivotal opportunity for the league's exposure, given lacrosse's return as a medal sport after 120 years.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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