Next 3
New York, Lincolnshire, United Kingdom, Europe
Overview
Next 3 is a sports-focused venture capital firm that invests in brands, emerging technologies, and media companies intersecting with the sports ecosystem.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 3
Investment portfolio
- Premier Lacrosse League
Participated · Series E · Jun 2026
The Premier Lacrosse League is a men’s professional lacrosse league composed of eight teams in North America, founded and led by Paul and Mike Rabil. The league has an existing media-rights partnership with ESPN, which will also be a minority equity investor following the $100 million financing. Leadership says the funds will be used to build infrastructure to support growth through elite competition, broader distribution, increased youth participation, and a stronger professional ecosystem. The PLL is coordinating with the Women’s Lacrosse League on shared initiatives and plans to establish teams in Texas, with Glen Powell joining as a Creative Advisor to help those efforts. The league is positioning itself ahead of lacrosse’s return to the Olympics and has 2026 seasons slated to air on ESPN platforms and ABC.