{
  "id": 19821235,
  "title": "Fresh off a $100 million raise, Paul Rabil takes pro lacrosse to the basketball courts of Venice Beach",
  "url": "https://urgent.news/2026/11/13/fresh-off-a-100-million-raise-paul-rabil-takes-pro-lacrosse-to-the",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T14:01:00.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/11/13/paul-rabil-premier-lacrosse-league-street-lacrosse-olympics/"
  },
  "original_language": "en",
  "account": "Paul Rabil, a lacrosse legend and co-founder of the Premier Lacrosse League (PLL), is spearheading a new street lacrosse initiative that aims to bring the sport to the streets of Venice Beach. On November 14, the Street Lacrosse Pro Tour will take to the basketball courts, providing a pickup-game format that is more akin to street basketball or hockey than traditional field lacrosse. The league, which Rabil co-founded, recently raised $100 million in a Series E funding round led by Ares and Joe Tsai, with ESPN holding a minority equity stake. This funding is intended to bolster the league's growth and push for mainstream recognition ahead of the 2028 Los Angeles Olympics. Rabil emphasizes the importance of making lacrosse accessible and engaging for young players, highlighting how the Street Lacrosse Pro Tour serves as a pipeline to attract new talent. The league is capitalizing on its media partnerships, including a deal with ESPN, to create a strong brand presence and expand its reach. Despite the challenges of attracting spectators in a competitive sports landscape, Rabil remains optimistic about the league's future, noting that lacrosse is experiencing unprecedented growth, particularly in college and high school programs.",
  "summary": "The PLL co-founder on street lacrosse, a $100 million Series E, and why LA28 could be the moment to sell teams to individual owners.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}