Monday, September 7, 2026
The FOS App is Live Download It Now

Pro Volleyball Consolidation Begins As Two Leagues Merge

Major League Volleyball and the Pro Volleyball Federation have agreed to a deal that reportedly valued the combined entity at more than $325 million.

The Holland Sentinel

Major League Volleyball will absorb the Pro Volleyball Federation, thinning a crowded field for pro indoor women’s volleyball in the United States.

The merger, announced Tuesday, will result in a combined league operating as MLV. Its debut season will start in January 2026 and feature eight teams, in Atlanta, Columbus, Dallas, Grand Rapids, Indianapolis, Omaha, Orlando, and San Diego.

The PVF reportedly raised $40 million in connection with the deal, which Sportico stated values the combined league at more than $325 million. PVF spokesperson Rob Carolla declined to comment on financial details. 

In response to a question about the potential for further consolidation in the realm of pro women’s volleyball—in addition to MLV there is League One Volleyball (LOVB) and the AU Pro Volleyball Championship—Carolla said “while we wouldn’t want to speculate on the future, the league is excited to provide the athletes the best professional opportunities in the United States.”

The PVF, founded in 2020, had already played two seasons, while MLV was set to launch in January 2026 with $100 million in funding. The upcoming season will be considered a third season for what is now called MLV.

The agreement culls what was becoming a crowded field of women’s volleyball leagues in the U.S. Following the transaction, there will still be three separate leagues competing for fan attention: MLV, LOVB, and the AU Pro Volleyball Championship from Athletes Unlimited, which runs multiple women’s sports leagues in addition to volleyball, including softball, basketball, and lacrosse.

LOVB, which was founded in 2020, held its debut pro season this year—starting in January and going through April—with six teams. The Austin team won the inaugural championship. In 2024, LOVB announced $100 million in funding in a round led by private-equity firm Atwater Capital.

Cassidy Lichtman, VP of volleyball for Athletes Unlimited, tells Front Office Sports there is room for all three leagues. In fact, the existence of MLV and LOVB benefits Athletes Unlimited in particular because the seasons don’t overlap, with the Athletes Unlimited season in the fall. Plus, Lichtman says that as many as 90% of its players also play in one of the other leagues, as there are no restrictions barring players from competing in multiple leagues.

“We pull players from both,” she says. “We welcome the investment in the sport, it provides for more opportunities for players and keeps more players in the United States, which helps our talent level grow each year.”

Before Athletes Unlimited’s 2020 launch, there hadn’t been a pro indoor women’s volleyball league in the United States since the 1980s. (That league, which is now defunct, was called Major League Volleyball.)

“There was no opportunity here until Athletes Unlimited started in 2021,” she says. “Now, players are inundated with opportunity.”

A spokesperson for LOVB said in an emailed statement to FOS “we believe the rise of these leagues underscore the excitement around pro volleyball in the U.S.—both as a sport and a fast-growing asset class.”

“But their announcements have no impact on LOVB,” the statement said. “For the last seven years, we’ve been building deliberately and our focus is on long-term, sustainable success. We are doing that through a community-up vision and youth-to-pro model that sets us apart in American sports, and we remain focused on our strategy.”

The new combined league has well-known franchise owners, including Orlando Magic owner Dan DeVos, who is CEO and owner of MLV’s Grand Rapids Rise, and Sacramento Kings owner Vivek Ranadivé, who will own a franchise in Northern California that will not compete in 2026 but is expected to be ready for the 2027 season.

DeVos said in Tuesday’s statement that “this is a major step in the evolution of pro women’s volleyball here in the United States.”

Ranadivé said “women’s volleyball is one of the fastest-growing sports in the country, with fan interest and viewership at an all-time high,” and “we have a unique opportunity to build something special, elevate these phenomenal athletes, and create unforgettable fan experiences.”

There is data to back up his claim. College volleyball continues to turn in stellar ratings for Fox and ESPN, though the pros have been a tougher sell on TV. Participation is at an all-time high at the high school level.

The announcement comes after the Omaha Supernovas earlier this year announced they were leaving the PVF—which has played two seasons—to be a founding member of the upstart MLV. 

Another PVF team, the Vegas Thrill, are not currently planned as an MLV franchise. In Tuesday’s statement, the leagues said the Thrill are actively seeking new owners “but have not been able to finalize the specifics prior to this announcement.” If a new ownership group emerges, the team “would have the opportunity to continue playing professional volleyball at the highest level.”

The AU Pro Volleyball Championship, launched in 2021 in partnership with USA Volleyball and Athletes Unlimited, boasts four teams. In 2022, Athletes Unlimited completed a $30 million funding round that included participation from Kevin Durant’s 35 Ventures and seasoned private-equity executive and sports team owner David Blitzer, money which was spread across its sports leagues, including volleyball.

Representatives for Bank of America, which acted as financial adviser to the PVF, did not immediately respond to requests for comment.

This field is for validation purposes and should be left unchanged.

Sign up for the
Asset Class Newsletter

Get the latest in sports finance, investment, and transaction activity, straight to your inbox once a week.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Aug 25, 2017; Seattle, WA, USA; General overall view of Seattle Seahawks logo at CenturyLink Field during a NFL football game against the Kansas City Chiefs. Mandatory Credit: Kirby Lee-USA TODAY Sports
Exclusive

Mark Stevens Is Seahawks’ Top Minority Investor

Other investors joined the Seahawks’ new ownership from the Mittal-Grousbeck group.
Exclusive

Callaway Content Head, Good Good Marketing VP Out After Ad Fallout

Neither Callaway’s nor Good Good’s CEO saw the ad before publishing.
First at FOS

Runners-Up Offered Seahawks Stake After Losing Out on Team

The deal is closing “very soon,” a source says.
Aug 13, 2026; Metairie, LA, USA; Detailed view of the NFL logo on the football during a joint scrimmage between the New Orleans Saints and the Jacksonville Jaguars during at Ochsner Sports Performance Center

NFL Won’t Reach Prediction-Market Deals Before Start of Season

“I would be incredibly shocked if anything at all happens this season.”
podcast thumbnail mobile
Front Office Sports Today

9/4/26 – Judge Clears Pros for College, Good Good CEO Out, Russini Plots Comeback

0:00

Featured Today

Is Carolyn Tisch Blodgett the Future Face of Giants Ownership?

Amid changes at top of Giants ownership, eyes are on Tisch Blodgett.
September 4, 2026

Wild Transfer Window Shows How Premier League Towers Over Soccer

Spending in England vastly outstripped the rest of Europe.
September 3, 2026

Teams Are Spending Millions to Build Luxury Locker Rooms

It’s a recruiting pitch, a retention tool, and a seven-figure line item.
September 1, 2026

High School Football Sidelines Are Clogged With Content Creators

Administrators call these amateur newcomers the “pajama paparazzi.”
Aug 3, 2026; Washington, D.C., USA; Alexandra Eala (PHI) kisses the championship trophy during the trophy ceremony after her match against Jessica Pegula (USA) (not pictured) in the women's singles final of the 2026 Mubadala DC Open at Rock Creek Park Tennis Center. Mandatory Credit: Geoff Burke-Imagn Images
August 30, 2026

How Alex Eala Turned the Philippines Into a Tennis Nation

A December homecoming match could break tennis’s attendance record.
Mar 28, 2025; Minneapolis, Minnesota, USA; Minnesota Timberwolves minority owners Marc Lore and Alex Rodriguez celebrate the team's win over the Phoenix Suns at Target Center

Why Flood of NBA Team Sales Isn’t Slowing

Often it’s less about love of team, more about love of returns.
Tennis - French Open - Roland Garros, Paris, France - May 28, 2026 France's Moise Kouame reacts during his second round match against Paraguay's Adolfo Daniel Vallejo REUTERS/Guglielmo Mangiapane
May 29, 2026

Lawyers Explain Odd Case of Moïse Kouamé’s French Open Prize Money

Kouamé has secured nearly $220,000 by advancing to Round 3 in Paris.
May 24, 2026; Las Vegas, NV, USA; Yoni Andica (COL) during the weightlifting competition at the Enhanced Games at Resorts World Las Vegas. Mandatory Credit:
August 18, 2026

Enhanced Games Parent Company Posts $62M Loss After Debut Event

Enhanced Groups is now focusing on supplements and smaller events.
Sponsored

Kerri Walsh Jennings’s Playbook for the Future of Volleyball

The former gold medalist talks NCAA, the Olympics, & investing in volleyball.
Oct 12, 2025; Kansas City, Missouri, USA; Kansas City Chiefs tight end Travis Kelce (87) takes the field prior to a game against the Detroit Lions at GEHA Field at Arrowhead Stadium.
October 23, 2025

Can Travis Kelce Save Six Flags?

The NFL star joined an activist investor in pushing for change.
Sep 25, 2025; Boston, MA, USA; Boston Celtics lead owner and governor Bill Chisholm speaks during a press conference at Auerbach Center.
October 22, 2025

The NBA’s Expanding Private-Equity Footprint

There is a PE connection of some kind for 20 of 30 teams.
Oct 5, 2025; New Orleans, Louisiana, USA; Former New Orleans Saints quarterback Drew Brees smiles prior to the game against the New York Giants at Caesars Superdome.
October 21, 2025

Drew Brees Flag Football League Sells to PE Amid Youth Boom

Football ‘N’ America operates 24 flag football leagues across the country.
Christie's
October 21, 2025

Gehrig’s $4M Jersey and the Exploding Memorabilia Market

An ultra-rare sports collection is about to hit the auction block.