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Winners Alliance
A worldwide, athlete-focused commercial platform committed to uniting and empowering athletes for ultimate success
About Winners Alliance
Winners Alliance operates as a global, athlete-centric commercial services company, established in August 2022. The firm was launched by the Professional Tennis Players Association (PTPA) as a for-profit affiliate to create and maximize off-the-court commercial opportunities for athletes. Its business model is centered on unifying athletes' collective commercial rights to generate value through group licensing and marketing. The company represents athletes' name, image, and likeness (NIL) rights to secure large-scale deals in verticals such as video games, trading cards, sponsorships, and apparel that individual athletes would typically not be able to access on their own.
The company was founded with Ahmad Nassar as the CEO of Winners Alliance and Executive Director of the PTPA. Nassar brings extensive experience from his previous roles as the founding CEO of OneTeam Partners, a similar group licensing firm, and as President of NFL Players Inc. His career has been dedicated to increasing the commercial value for professional athletes. The President of Winners Alliance is Eric Winston, a 12-year NFL veteran and former President of the NFL Players Association, where he handled collective bargaining with the league. His background includes serving as Chief Licensing Officer at OneTeam Partners, giving him a deep understanding of athlete advocacy and the business of sports.
Winners Alliance serves a diverse client base, primarily focused on athletes and their representative associations. Initial partners include the PTPA, the World Cricketers' Association (WCA), Grand Slam Track™ (GST), and the EuroLeague Players' Association (ELPA). The firm also works directly with brands and licensees to create custom marketing playbooks and product lines featuring a broad group of elite athletes. A significant milestone was raising $26 million in its initial funding round, co-led by Bill Ackman of the Pershing Square Foundation and Prysm Capital. The company later secured an additional $40 million from these existing investors to expand its operations beyond tennis into sports like cricket and track and field. A notable achievement includes a partnership with Michael Johnson to launch a new professional track league set to debut in 2025, aimed at elevating the sport's commercial profile.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Jun 2024 | $40M | $160M | Prysm Capital · Pershing Square Capital Management | ↗ |
| GROWTH EQUITY VCOther financing | Aug 2022 | $35M | — | Prysm Capital | ↗ |
Growth signals
Latest recorded traffic for Winners Alliance is 3.7K monthly website visits, up 15.6% over the last three months. Winners Alliance's team declined 16.7% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later2 investors entered at this stage
Prysm Capital
Pershing Square Capital Management
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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