Alexis Ohanian Invests in LA Legion Volleyball Team
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LOVB Expands to Los Angeles wiht Alexis Ohanian Investment
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Tech entrepreneur Alexis Ohanian and his firm, Seven Seven Six, will lead the ownership group for LOVB’s newest franchise, bringing professional volleyball to Los Angeles.
League One Volleyball’s Growth
League One Volleyball (LOVB) is continuing its expansion,adding a Los Angeles-based team to its roster. This new franchise marks the league’s seventh professional outfit and is backed by Alexis Ohanian,a prominent investor in women’s sports as reported by SportsPro.
The LOVB Los Angeles team is slated to begin play at the start of the league’s third season in January 2027.This investment represents Ohanian’s third sports franchise in Los angeles, demonstrating his commitment to the city’s sports landscape.
Ohanian’s Expanding Sports Portfolio
Ohanian’s involvement in sports extends beyond volleyball. He was the founding controlling owner of Angel City FC in the National Women’s Soccer League (NWSL), which has sence transitioned to majority ownership under Disney chief executive Bob Iger and his wife, Willow Bay. He also owns a franchise in the TGL, a tech-focused golf league according to SportsPro.
Ohanian, best known as the co-founder of Reddit, has become a vocal advocate for investing in women’s sports. His firm, Seven Seven Six, focuses on early-stage startups, and this investment in LOVB aligns with their broader strategy of supporting innovative and growing ventures.
LOVB’s Early Success and Future Plans
LOVB debuted in 2024 and has already demonstrated notable commercial success. the league reported over US$1 million in merchandise sales during its inaugural season, indicating strong fan engagement and a growing market for professional volleyball. LOVB aims to add “between two and four teams” for its third season as stated in SportsPro.
