The Paul Rabil-founded upstart Premier Lacrosse League has received backing from Alibaba billionaire and Brooklyn Nets investor Joe Tsai as part a Series A funding round.
The financing round was additionally led by Brett Jefferson of Hildene Capital Management and return investor The Raine Group. The capital will be used to fund future league operations, such as team and player-focused original programming and executive team expansion.
“We are excited to build upon an investment group that is aligned with our vision of bringing the sport of lacrosse into the mainstream and delivering a world-class product for our fans,” said PLL co-founder and CEO Michael Rabil, the brother of Paul Rabil and a former Dartmouth football player.
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