Premier Lacrosse League Bags $100M Series E
2026-07-08
NEW YORK, NY, The Premier Lacrosse League (PLL) announced the closing of a $100 million Series E financing round led by Ares and Joe Tsai.
The Premier Lacrosse League (PLL) announced the closing of a $100 million Series E financing round led by Ares and Joe Tsai, representing the largest capital raise in the history of professional lacrosse.
The round also includes a subsequent minority equity investment from ESPN, along with investments from actor, writer and producer Glen Powell, Co-chairman of Wrexham A.F.C, actor and producer Rob Mac (formerly McElhenney), country music singer and songwriter Warren Zeiders, and actor Tony Cavalero.
Additional investors include Creator Sports Capital, Carolyn Tisch Blodgett's Next 3, FirstTracks Sports Ventures, Jed Hart, West End Investment Management, James Young, Bolt Ventures (the private investment platform of David Blitzer), Chris Shumway, and others.
As part of the financing, Co-Head of Ares Sports, Media and Entertainment, Jim Miller, will join the PLL's Board of Directors. Glen Powell will join the PLL as a Creative Advisor and will work alongside founders Paul and Mike Rabil to help bring the first PLL and WLL teams to Texas. The Raine Group served as financial advisor to the PLL on the transaction.
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