Project Level Explores Its Next Major Investment in Women’s Sports

Project Level Explores Its Next Major Investment in Women’s Sports

Jason Wright, Managing Partner and Head of Investments, highlighted the WNBA as a compelling and undervalued opportunity in women’s sports during his interview with Crain’s Chicago Business, pointing to the league’s strong underlying fundamentals and its growing cultural and commercial momentum. Jason Wright, Managing Partner and Head of Investments, highlighted the WNBA as a compelling…

Project Level Completes $250M Funding Raise

Project Level Completes $250M Funding Raise

Following Project Level’s first close, Managing Partner and Head of Investments Jason Wright joined Yahoo Finance anchor Julie Hyman to discuss why women’s sports are becoming a meaningful commercial force—powered by rising demand, strong fundamentals and scalability. In this interview, Jason Wright candidly discusses his opinions on the sports investing market and on private investments…

Ariel Investments Raises $250 Million for Women’s Sports Fund

Ariel Investments Raises $250 Million for Women’s Sports Fund

The Wall Street Journal discusses Project Level’s $250 million first close, exploring how a once‑overlooked segment is emerging as a serious investment opportunity—and why Project Level is positioned to shape its future. *By clicking the above link, you will leave this site and go to a third-party website. Ariel does not control the content or…

Ex-NFL Pro, Commanders Exec Says Women’s Sports is an Undervalued Asset

Ex-NFL Pro, Commanders Exec Says Women’s Sports is an Undervalued Asset

Project Level believes that the rise of women’s sports is more than a moment—it’s a structural shift powered by youth participation, digital discovery and expanding media economics. In Front Office Sports, Jason Wright frames women’s sports as a classic value play: strong fundamentals, rising revenues and a long runway for multiple expansion. *By clicking the…

Project Level | First Close

Project Level | First Close

MEMORANDUM TO: Clients and Friends of Ariel Investments FROM: Mellody Hobson, Co-CEO and President DATE: February 3, 2026 RE: Project Level First Close MEMORANDUM TO: Clients and Friends of Ariel Investments FROM: Mellody Hobson, Co-CEO and President DATE: February 3, 2026 RE: Project Level First Close I am pleased to announce Project Level has completed…

Why Mellody Hobson is Optimistic About the Future of Women's Sports Interview

Why Mellody Hobson is Optimistic About the Future of Women’s Sports

Project Level Founder Mellody Hobson joined YES Network and Sportico Sports Business to discuss the acceleration in women’s sports. She highlighted the evolving landscape of sports fandom and her commitment to investing in a sector that is growing quickly yet remains widely misunderstood and undervalued. *By clicking the above link, you will leave this site and go to a…

TIME Latino Leaders 2025: Emma Rodriguez-Ayala

TIME Latino Leaders 2025: Emma Rodriguez-Ayala

Ariel Investments’ Chief Administrative Officer and General Counsel Emma Rodriguez-Ayala was named to TIME’s Latino Leaders 2025 list, where she was spotlighted for her work on Project Level. Ariel Investments’ Chief Administrative Officer and General Counsel Emma Rodriguez-Ayala was named to TIME’s Latino Leaders 2025 list, where she was spotlighted for her work on Project…

CNBC Screengrab of Mellody Hobson's interview

Mellody Hobson on Why Women’s Sports are the “Small Caps of Sports”

Ariel Investments Co-CEO and Project Level Founder Mellody Hobson joined CNBC’s “Squawk Box” at the Aspen Economic Strategy Group Annual Meeting to discuss how the underappreciated growth and value embedded in women’s sports present a compelling long-term investment opportunity, citing Project Level’s investments in professional teams like Denver Summit FC and in girls’ sports businesses…

Former ESPN President John Skipper joins Project Level Advisory Board

Former ESPN President John Skipper joins Project Level Advisory Board

MEMORANDUM TO: Friends of Project Level FROM: Mellody Hobson, Founder and Chairwoman, Project Level DATE: July 28, 2025 RE: Former ESPN President John Skipper joins our Advisory Board MEMORANDUM TO: Friends of Project Level FROM: Mellody Hobson, Founder and Chairwoman, Project Level DATE: July 28, 2025 RE: Former ESPN President John Skipper joins our Advisory Board I…