The funding round also included Dynasty Equity, LionTree, Miller Sports & Entertainment and existing investor The Chernin Group.
Unrivaled Sports, a US-based company that operates youth-focused sports properties, has raised $120 million in a funding round led by Dick’s Sporting Goods through its venture capital fund, DSG Ventures. The funding round also included the new investors Dynasty Equity, LionTree, and Miller Sports & Entertainment and an existing investor, The Chernin Group. Dick’s Sporting Goods now holds a minority stake, while Unrivaled’s co-founders, David Blitzer and Josh Harris, maintain a majority ownership along with The Chernin Group.
Unrivaled Sports operates a network of youth sports destinations and programming across the US, including Cooperstown All Star Village, Ripken Baseball, Diamond Nation, Unrivaled Flag, Soccer Youth and Under the Lights Flag Football.
Dick’s Sporting Goods’ strategic investment will fuel Unrivaled Sports’ activities in three main areas:
- access for young athletes and their families
- experience elevation through upgraded fields of play and programming
- increased amenities (lodging, retail, food and beverage) across Unrivaled Sports properties
