Unrivaled women’s basketball league is valued at $650 million after new funding round

Unrivaled has raised funds that put its valuation at $650 million, the 3-on-3 women’s basketball league announced Wednesday. That’s nearly double its valuation from a year ago, when the league closed a Series B funding round. Unrivaled also announced that the portion of the company owned by its players is valued at nearly $200 million....