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Front Office Sports - The Memo

Afternoon Edition

January 5, 2026

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Unrivaled’s second season tipped off Monday afternoon. We’ll have boots on the ground in Miami later this week, but as the start-up takes another step toward becoming a mature league, it faces several big questions: How is it dealing with some major talent defecting and suffering untimely injuries? And does it need to do a deal with the WNBA?

—Annie Costabile, Margaret Fleming, Eric Fisher, and David Rumsey

Does Unrivaled’s Future Include a Deal With the WNBA?

Kirby Lee-Imagn Images

The novelty of Unrivaled’s inaugural season is gone. 

Year 2 tipped off Monday with two matinee games followed by an evening slate, and it comes with a clear challenge—solidifying the start-up 3-on-3 league in an increasingly crowded women’s basketball landscape. As the league looks to stake its claim long-term, one question persists: 

Is partnering with the WNBA its best bet? 

“I don’t want to speak too much of what’s going on behind the scenes, but as I’ve made very clear we’re open to grow the ecosystem,” Unrivaled president Alex Bazzell said Monday. “Whichever way that looks like. For us there is nothing on the table or off the table.”

Bazzell has been open about Unrivaled’s efforts to work with the WNBA from the onset. In September, he told Front Office Sports that Unrivaled went to the WNBA “early” and was open to a formal partnership; the WNBA declined. 

“What you look at right now is there’s a collaboration that’s going on in NBA Europe,” Bazzell said. “That was not a formal partnership before. As long as you can look at the space in an innovative lens, anything is doable, anything is possible.” 

By this time next year, Project B—the new traveling 5-on-5 league—plans to be up and running with a number of former and current Unrivaled players committed to play in the inaugural season, including Alyssa Thomas and Jewell Loyd. Beyond that immediate threat, there is a longer-term one if the WNBA pursues exclusivity as a result of increased pay. 

“We don’t believe that future is near,” Bazzell said. 

That may be true; there is a belief within WNBA circles that the league is still at least one more collective bargaining agreement away from being able to offer salaries that warrant exclusivity. But for sustained success, Unrivaled needs to consider an increasingly crowded women’s basketball ecosystem. 

The late NBA commissioner David Stern established the WNBA as a summer league to be complementary to the men’s league. As a result, players have historically supplemented their income and developed their talent by playing in other leagues in the WNBA offseason. For more than two decades that meant playing overseas with the biggest stars competing in Europe. In recent years leagues like Unrivaled, Athletes Unlimited, and now Project B have sprouted up. 

The WNBA and WNBPA are currently in the midst of a highly contentious round of CBA negotiations; at the center of the conflict is the sides’ understanding of a suitable salary model. But the league and players have agreed in the past that increased salaries will come as a result of a lengthened competition window, bringing into question how long these new leagues will be viable. 

Growing the Business

Unrivaled celebrated big wins this offseason with its announcement of an oversubscribed Series B investment valuing the league at $340 million. That followed an inaugural season when the league banked more than $27 million in revenue, and the league is trying to grow that number this season by selling more tickets at its small arena in Miami—increasing capacity from 850 to roughly 1,000—and adding a tour stop in Philadelphia.

The league is also up to eight teams with the additions of Hive Basketball Club and Breeze Basketball Club, and it added a fourth weekly night of games, which eliminated back-to-backs. 

These new teams came with an additional 12 roster spots to go along with a pool of six developmental players, but the league still saw a slight drop-off in talent from its first year. Beyond cofounder Napheesa Collier, who will miss the season due to ankle injuries that will require surgery, Unrivaled failed to bring back a handful of players including stars like Sabrina Ionescu, Angel Reese, and Loyd. 

Unrivaled currently has 75% of its player pool signed through 2028, meaning the league could lose more players to Project B next year. While last year players relished the idea of not having to travel abroad to earn a competitive salary, Project B’s multimillion-dollar salaries have already proved enticing enough to bring a number of WNBA stars back to overseas play. 

“Honestly, I don’t know,” cofounder Breanna Stewart said last month when asked whether she sees Project B as a competitor. “Project B has a lot that’s still in the works. Until they’re on the ground and running, no. That’s no shade to them or anything, it’s just different. We’re playing 3-on-3 staying in one city; they’re playing 5-on-5 and going all over the place. The salaries, comparatively speaking, they’re pretty similar.” 

If Project B is offering comparable—or better—money, Unrivaled will then need to figure out other ways to keep a competitive edge. As the WNBA looks to lengthen its calendar on both ends, whatever new league manages to partner with the WNBA could have the permanent advantage. 

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Unrivaled Bets Young Stars Will Fill Gap Left by Collier, Reese

Wendell Cruz-Imagn Images

The women’s basketball 3-on-3 league Unrivaled tips off its second season on Monday without several of the biggest stars from its debut year.

But those losses might not be detrimental, because Unrivaled has brought in several successful groups that women’s basketball fans already love.

Angel Reese is the flashiest player who isn’t returning to Miami this winter. The Chicago Sky forward was one of the faces of Unrivaled last season, named Defensive Player of the Year, and won the league’s inaugural championship with Rose Basketball Club. She was also vocal about her positive experience with Unrivaled’s facilities and access to training, and the pressure it put on the WNBA to step up. “It’s pivotal,” Reese said. “This is what the women deserve.”

Reese was sidelined with a back injury for parts of the WNBA season, although she competed at USA Basketball camp in December. She also posted on social media in November that her “goal for this offseason” was to lay low. Reese has still made public appearances at several Orlando Magic games in recent weeks to support her boyfriend, Wendell Carter Jr.

Last week, Unrivaled announced that league cofounder and reigning MVP Napheesa Collier will miss the upcoming season because she needs surgery on both ankles. New York Liberty superstar Sabrina Ionescu is not returning, either. Other notable players who are not starting the season on the league’s roster include Jewell Loyd, Kayla McBride, DiJonai Carrington, and Courtney Vandersloot.

With all these losses, and because the first season sparkle has worn off, it might be tough for Unrivaled to match last season’s biggest broadcasts: the 1-on-1 tournament and championship game drew average audiences of 377,000 and 364,000 viewers, respectively.

But Unrivaled has filled those gaps in several strategic ways.

Young stars Paige Bueckers and Cameron Brink were involved in Unrivaled last season—Bueckers was an owner and ambassador during her final season at UConn, and Brink was involved amid her ACL recovery—but are stepping into bigger roles this season. The two are core members of one of Unrivaled’s new teams, Breeze BC, and Bueckers is already a staple on the league’s social media pages.

The most viral sensation in women’s basketball, the StudBudz, are also playing again in the league. Courtney Williams and Natisha Hiedeman are back (Hiedeman has a permanent spot this year after coming in for injury relief last season). The duo first launched their Twitch livestream last summer after Unrivaled had already ended, but this year, the 3-on-3 league isn’t hesitating to promote StudBudz on its official social media accounts. After the infamous WNBA All-Star weekend livestream, Unrivaled knows the StudBudz can bring huge awareness to their league, too, and are shamelessly leaning in to the brand already beloved by women’s basketball fans.

Similarly, Unrivaled has packed its second-year roster with members of the Golden State Valkyries, the WNBA’s newest expansion team that created a rabid army of women’s hoops fans in the Bay Area. The team sold out all of its home games at “Ballhalla” with more than 18,000 fans, setting a new, all-time WNBA attendance record, and stunned the league with the first playoff berth for an expansion team in an inaugural season. Kate Martin and Tiffany Hayes (replacing injured Satou Sabally) are back, and Unrivaled added Veronica Burton, Monique Billings, and Laeticia Amihere (development pool).

Other new talent for 2026 includes Kelsey Plum, who pulled out of last season to rest, and the next three WNBA draft picks after No. 1 Bueckers: Dominique Malonga, Sonia Citron, and Kiki Iriafen.

On Monday, league president Alex Bazzell said in a press conference that signing long-term deals and recruiting up-and-coming talent are how Unrivaled handles annual roster changes. League commissioner Micky Lawler said that 75% of Unrivaled’s players are committed through 2028.

“If you’re too concentrated on one or two players, then your business is in a very volatile state,” Bazzell said. “So thankfully we believe we’ve positioned ourselves that we don’t have to deal with maybe the fluctuations of inevitably what injuries bring within sports.”

Even without big names like Reese, Collier, and Ionescu—or even Caitlin Clark and A’ja Wilson—Unrivaled is an offseason dream for women’s basketball fans. Now the league needs to permanently plant its flag before some of its players, like Alyssa Thomas and Kelsey Mitchell, depart for the planned big-money international league Project B.

Aside from personnel changes in its sophomore season, Unrivaled is adding more seats to its arena and going on the road to Philadelphia. The league in September closed a Series B investment round that valued the league at $340 million.

SPONSORED BY ALLY

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We’re proud to sponsor Unrivaled—helping athletes pursue their goals and you pursue yours. Get started.

STATUS REPORT

Two Up, Two Down

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NFL in France ⬇ The league’s efforts to play a regular-season game in the country may be delayed from 2026 to 2027, according to NOLA.com. The Saints, the only team with rights in France as part of the NFL’s Global Markets Program, have been exploring playing a game in Paris, as the league continues to expand its international presence.  

NFL viewers ⬇ Verizon Fios customers in New England and Pittsburgh were unable to watch the Jets-Patriots and Ravens-Steelers games Sunday, as Boston-area Fox affiliate WFXT and Pittsburgh-area NBC affiliate WPXI both remain unavailable due to an ongoing carriage dispute with Cox Media Group.

Amazon ⬆ The streamer said Monday that it finished the NFL regular season with a per-game viewership average of 15.33 million, up 16% from last year and the highest level in the 20-year history of Thursday Night Football on any network. The 2025 campaign featured a series of milestones for Amazon, including a Christmas Day audience of 21.06 million that set a company record during the regular season. Full-season audience totals for other NFL rights holders are expected later this week. 

Shohei Ohtani ⬆ After a banner 2025 that included another World Series title for his Dodgers and another National League Most Valuable Player award, MLB Network will celebrate the two-way phenom Wednesday with “Shohei Day,” a full-day of programming that will feature a series of studio and highlights specials, along with replays of two of his greatest games, a historic 2024 clash against the Marlins in which he became the first MLB player with 50 homers and 50 steals in a season, and the 2025 NL Championship Series clincher that included three home runs and 10 strikeouts on the mound. The Jan. 7 date of the programming initiative is designed to link to his uniform No. 17.

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