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Recently Funded|Amount: USD 800.0M|Industry: Spectator Sports
Game, Set, and Funded: USTA Raises $800M, Igniting a New Era with the NBA Ecosystem
United States Tennis Association

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In an exciting development for the global sports community, the National Basketball Association (NBA) has successfully raised $800 million in a transformative funding round that promises to redefine the landscape of sports and media engagement worldwide. The NBA, renowned not only for its five professional leagues—including the NBA, WNBA, NBA G League, NBA 2K League, and Basketball Africa League—but also for its expansive digital ecosystem featuring NBA TV, NBA.com, the NBA App, and NBA League Pass, is poised to use this significant capital infusion to further its mission: to inspire and connect people everywhere through the power of basketball. This new funding will be strategically allocated to elevating the league’s digital platforms, expanding its international footprint, and enhancing community outreach initiatives already championed by NBA Cares. The infusion of $800 million marks a watershed moment in the organization’s journey, providing the strategic resources needed to invest in innovative technologies, foster youth and family development programs, and develop cutting-edge content that resonates across the NBA’s worldwide network of 2.1 billion social media fans. With games and programming available in 215 countries and territories, the NBA is uniquely positioned to leverage this newfound capital to expand its iconic brand, strengthen global partnerships, and continue delivering unparalleled experiences to fans around the globe. In a time when sports and media convergence is more critical than ever, this milestone funding round not only underscores the NBA’s robust financial health and visionary strategy but also reaffirms its commitment to driving positive social impact and uniting communities through the timeless appeal of basketball.
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