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Kraft, Tsai lead new Premier Lacrosse League funding round

The Premier Lacrosse League has announced that it has closed an additional round of funding, which is led by private investment platform Arctos Sports Partners, the Kraft Group, and return investor Joe Tsai Sports, the sports investment and holding vehicle for Joe Tsai, owner of the National Basketball Association's Brooklyn Nets.

The new investors will join Raine Group, Brett Jefferson Holdings, Creative Artists Agency (CAA), Bolt Ventures, Chernin Group, Harris Blitzer Sports & Entertainment, and Blum Capital.

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