Versuchen GOLD - Frei
A League of His Own
Inc.
|March 2023
Paul Rabil was the world's greatest lacrosse player. Then he decided to parlay that into reinventing professional lacrosse. But the real highlight? How he did it.

Paul Rabil was sick of Major League Lacrosse. It was 2017, and Rabil, a two-time MVP, was embarrassed to tell people he was a professional lacrosse player. He had good reason. In the world of pro sports, lacrosse had a pitiful reputation, if it had a reputation at all. Founded in 1999 as the first professional outdoor lacrosse league, MLL never attracted a meaningful fan base. Attendance had plummeted by 40 percent since 2011, to an average of just 3,800 per game. By comparison, the NCAA men's lacrosse championship game once drew nearly 50,000 fans.
MLL also offered one of the worst player experiences in all of professional sports. Players worked full-time jobs outside of lacrosse and played games on weekends during the summer. The base salary for rookies was $6,000. When the league made travel arrangements, it would sometimes book players on connecting flights to save money. What's more, players didn't always have access to basic amenities like locker rooms and showers-or ice baths. Rabil had to buy ice at the CVS across the street from his apartment to treat his knee and foot.
After more than a decade in MLL, Rabil knew that professional lacrosse was broken. So he set out to fix it. In 2017, in partnership with his brother Mike, a serial entrepreneur who ran a small investment firm, Paul raised a pool of capital from a group of private equity firms and hedge funds and made an offer to acquire MLL for $35 million. The bid failed. Then the Rabils decided to do something crazy: They would start their own league.
Diese Geschichte stammt aus der March 2023-Ausgabe von Inc..
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Inc.

Inc.
How I Beat the Odds to Create a New Kind of Event Company
It’s never too late to win big. That’s the way Derek Gwaltney, 52, thinks about both life and his event company, Atlas Experiences.
4 mins
Fall 2025

Inc.
THE TRICKY BUSINESS OF BEING AN IMMIGRATION ATTORNEY IN 2025
As sweeping changes reshape the immigration system, a wave of demand is fueling legal tech startups, boutique law firms, and social media-savvy lawyers.
7 mins
Fall 2025

Inc.
Marina Khidekel
As your company grows, you'll add new products. Here are common traps to avoid.
5 mins
Fall 2025

Inc.
Karen Dillon
Being on a winning streak is fun. But be careful you don't get addicted to chasing success.
5 mins
Fall 2025

Inc.
STRESS TEST
With lucrative deals from Nvidia and OpenAI and a market value that has crossed $75 billion—as well as over $8 billion in debt—CoreWeave is a driving force in the AI boom.Amid growing competition, does the company have what it takes to sustain its meteoric rise?
12 mins
Fall 2025

Inc.
How We Built an Allergy Business on Reddit and YouTube
Like millions of Americans, Aakash Shah, 31, has struggled with allergies, leading to itchy eyes and congestion for the software engineer.
4 mins
Fall 2025

Inc.
FOR GROWTH COMPANIES, A MESSY TRADE WAR THREATENS PROFITS
There’s a new normal in what it takes to lead and grow a business. And Inc. 5000 CEOs have been learning to adapt on the fly.
10 mins
Fall 2025

Inc.
A First-Class Idea
How Shenique Sparks turned her luxury travel side hustle into a big business.
4 mins
Fall 2025

Inc.
The Mother of Reinvention
Everything is perfectly in place for Joy Mangano's second act with CleanBoss, including her partnership with co-founder Pitbull.
4 mins
Fall 2025

Inc.
VIVA RAW
Jennifer Wu and Zach Ao Hillsborough, North Carolina Three-year growth rate: 5,670%
3 mins
Fall 2025
Translate
Change font size