FILE - Claire Heaney, 11, front left, practices at Premier Nebraska Volleyball, Monday, Aug. 19, 2024, in Omaha, Neb. FILE - Remi Christiansen, 14, front, sets the ball during practice at Premier Nebraska Volleyball, Monday, Aug. 19, 2024, in Omaha, Neb. FILE - Claire Heaney, 11, front left, practices at Premier Nebraska Volleyball, Monday, Aug. 19, 2024, in Omaha, Neb. FILE - Claire Heaney, 11, front left, practices at Premier Nebraska Volleyball, Monday, Aug. 19, 2024, in Omaha, Neb.
League One Volleyball, branded as LOVB and pronounced “LOVE,” on Thursday announced the Los Angeles-based private equity firm Atwater Capital is the lead investor and joined by existing New York-based investors Ares Management and Left Lane Capital. The new investment is in addition to the $60 million LOVB has raised from, among others, Olympic skier Lindsey Vonn, basketball stars Candace Parker and Kevin Durant, and entertainers Amy Schumer and Chelsea Handler.we are humbled to be rolling up our sleeves alongside leading investors like Atwater, Ares and Left Lane Capital to enable volleyball to become the next major league,” LOVB co-founder and CEO Katlyn Gao said.
Founded in 2020, LOVB owns 58 junior clubs with more than 16,000 athletes across 26 states and 66 locations. LOVB said about 600 players who have trained at its clubs areMountain West Conference determines there’s insufficient evidence in volleyball Title IX complaintLOVB Pro will begin play Jan. 8 with teams in Atlanta, Houston and Salt Lake City as well as Austin, Texas; Madison, Wisconsin; and Omaha, Nebraska.