Unrivaled Sports raises $120M from Dick’s Sporting Goods, Miller Sports & Entertainment, others

Unrivaled Sports, an emerging leader in the youth sports sector through its roll-up strategy of sports operators and facilities, has successfully completed a substantial USD$120 million (AUD$185 million) funding round led by Dick’s Sporting Goods.

This investment round also saw continued support from founding investor The Chernin Group, alongside new contributions from Dynasty Equity, LionTree, and Miller Sports & Entertainment.

Commenting on the funds raised, chairman and CEO of Unrivaled Sports and a former Nike executive, Andy Campion, said: “The mission of Dick’s, from its inception, has been to positively impact children’s lives through sports.”

“Our aim in bringing them on board was focused on that shared vision,” Campion said.

This recent investment was finalised just over a year after the company’s establishment in March 2024, with backing from majority owners David Blitzer and Josh Harris.

The involvement of the Miller family was hinted at last month, following its acquisition of Real Salt Lake from Blitzer.

In making that announcement, Miller Sports & Entertainment expressed commitment to enhancing Utah’s youth sports infrastructure in partnership with Unrivaled.

In its inaugural year, Unrivaled has curated a diverse portfolio including Ripken Baseball, Cooperstown All Star Village, Under the Lights Flag Football, and Rocker B Ranch, with a reach spanning 30 states and serving over 600,000 young athletes annually.

Currently, Unrivaled has concentrated on establishing a dominant presence in baseball/softball and flag football, the latter experiencing a 30% increase in participation year-over-year.

Campion sees expansion opportunities within these strong segments, particularly highlighting the upcoming hosting of the first high school girls’ national championship in flag football this summer.

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