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Premier Lacrosse League Sec...

Updated Jul 6, 2026

SOLD

Premier Lacrosse League Secures $100 Million Series E Funding From Ares And Joe Tsai

Building Size

—

Asset Type

—

Closing

Jul 3, 2026

About this deal

AI

The Premier Lacrosse League (PLL) has closed a $100 million Series E funding round, the largest capital raise in professional lacrosse history. This funding round was led by Ares and Joe Tsai, with additional investments from ESPN and several high-profile athletes and entertainers. The proceeds from this round will support expanded media distribution, sponsorship growth, investment in the Women's Lacrosse League, and broader youth lacrosse access as the sport builds momentum ahead of its return to the Olympics at LA28.

Summary of transaction details:

Mike Rabil serves as the Co-Founder and CEO of the PLL. The funding will help strengthen the league's infrastructure, grow the professional ecosystem, and introduce lacrosse to a new generation of fans and athletes worldwide.

Players

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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