The Premier Lacrosse League (PLL) is raising $100 million in a new financing round, described by multiple outlets as the largest capital raise in professional lacrosse history. Deadline and Fortune report that the league’s Series E round is led by Ares and Joe Tsai, the owner of the New York Liberty. The funding also includes participation from prominent entertainment figures Glen Powell and Rob Mac, who are listed among the investors. Fortune and Deadline both note that ESPN holds a minority equity stake in the league as part of the round. Deadline adds that ESPN took a stake in the PLL in 2025, and that the Series E round is among the most significant in the league’s history. The reports characterize the round as a large-scale effort to provide new capital to the PLL, with backing from financial firms, a major sports ownership group, and a broadcaster investor. All sources agree on the round’s size, the Series E designation, the key lead investors, and the involvement of Powell and Mac.
Premier Lacrosse League raises $100M with Ares, Joe Tsai; Glen Powell and Rob Mac invest
The Premier Lacrosse League (PLL) is raising $100 million in a new financing round, described by multiple outlets as the largest capital raise in professional lacrosse history. Deadline and Fortune re...
- The Premier Lacrosse League launches a Series E financing round totaling $100 million.
- The round is led by Ares and Joe Tsai.
- Glen Powell and Rob Mac participate as investors.
- ESPN holds a minority equity stake in the league as part of the funding round.
- ESPN previously took a stake in the PLL in 2025, according to one report.
The financing round, led by Ares funds and New York Liberty owner Joe Tsai, also included a minority equity investment from ESPN.
2 hours agoHollywood A-listers Glen Powell and Rob Mac are among the investors participating in the Premier Lacrosse League’s new $100 million financing round. The Series E round, led by Ares and Joe Tsai, is the largest capital raise in the history of pro lacrosse. ESPN, which took a stake in the league in 2025, made a […]
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