Prøve GULL - Gratis

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.

- By Graham Winfrey

A League of His Own

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.

FLERE HISTORIER FRA Inc.

Inc.

Inc.

ACTION items

HOW TO NEGOTIATE PAY RAISES

time to read

3 mins

Winter 2025

Inc.

Inc.

SNEAKER KING

Former Yeezy innovator Omar Bailey is disrupting the sneaker industry with his streamlined production and viral footwear drops at Fctry Lab.

time to read

3 mins

Winter 2025

Inc.

Inc.

DEEP IMPACT

Reinventing decades-old technology, the founders of Vaulted Deep went underground to fight climate change.

time to read

2 mins

Winter 2025

Inc.

MAKE AI YOUR STRATEGY CONSULTANT

Traditional consulting, whether delivered by internal or external consultants, often dances around uncomfortable truths.

time to read

1 min

Winter 2025

Inc.

Inc.

Takes One to Know One: The Makings of a Grade A Manufacturer

When Pure Manufacturing's founders couldn't find a reliable manufacturer for their dietary supplement company, they launched their own.

time to read

2 mins

Winter 2025

Inc.

Inc.

A Renovation Business That Helps Workers Build Careers

Pennsylvania construction company Porter Family Exteriors finds success by remodeling its work culture and developing a long-view strategy for growth.

time to read

2 mins

Winter 2025

Inc.

Inc.

The Blueprint: Challenging the Ad Industry to Do the Most Good

Award-winning advertising agency Elite Media, LLC, is Black-owned, women-led, and committed to producing exceptional work that serves the greater good.

time to read

3 mins

Winter 2025

Inc.

Inc.

EMPOWER PLAYER

Actively Black isn't just an athleisure line—it's a movement.

time to read

3 mins

Winter 2025

Inc.

Inc.

How a Biotech Engineer and Toxicologist Built a Global Brand to Change Wellness

Using patented purification methods and a community-first growth strategy, the Root Brands is redefining what it means to build a science-led wellness company.

time to read

2 mins

Winter 2025

Inc.

Inc.

The CEO Who Stopped Chasing Critics and Started Growing Faster

Mahsam Raza built The Dua Brand into a multimillion-dollar fragrance company by focusing on customers who mattered most.

time to read

2 mins

Winter 2025

Translate

Share

-
+

Change font size