Alexis Ohanian’s Big Bet on UVA Women’s Basketball

You might know Alexis Ohanian as the co-founder of Reddit or the husband of tennis superstar Serena Williams. But did you know he’s a big fan of women’s sports? So much so that he’s putting his money where his mouth is. Ohanian just donated a whopping $3. 1 million to the University of Virginia (UVA) women’s basketball team. That’s right, $776, 000 every year for the next four years! Why this amount? Well, it turns out 776 is a special number to him. It’s the year the Olympics started, and it’s also the name of his venture capital firm, Seven Seven Six, which aims to promote women in sports. Ohanian’s love for UVA runs deep. He graduated from the school in 2005 and has stayed connected ever since. He even attended their season opener last month. With this donation, he wants to help UVA’s women’s basketball team become a top destination for female athletes. It’s a big deal in the world of college basketball. But why women’s basketball? Ohanian believes women athletes are incredibly driven and that women’s sports deserve more investment.

His firm, Seven Seven Six, has been active in promoting women’s sports. They’ve invested in places like the Sports Bra, a sports bar focused on elevating events. Ohanian’s goal is to drive positive change in women’s sports. This donation is part of that mission. It’s not just about the money; it’s about showing that women’s sports matter. So, what’s Ohanian’s take on all this? He’s proud to support UVA’s women’s basketball program. He wants to bring the best talent to Charlottesville and win championships. The team is thrilled, saying this donation will transform the game. It’s a big step towards closing the gap between current and future student-athletes. Ohanian’s been making waves in women’s sports for a while now. He’s involved with NWSL’s Angel City FC too. He believes investments in women’s sports are growing, and he’s happy to be part of this change.

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