Nike was part of a round representing the women’s basketball league’s first external funding as it looks to close the gap with the richer men's leagues.

US-based professional women’s basketball league the Women’s National Basketball Association (WNBA), has raised $75m from investors including sports apparel brand Nike, helping expand funding for a sport where coverage and sponsorship are lacking. The round was filled out by private investors including Condoleezza Rice, Michael and Susan Dell, Pau Gasol, Swin Cash, Baron Davis, Mark…

The rest of this content is only accessible to Global Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.