Pop and R&B star Jason Derulo has made a major equity investment in the Pro Volleyball Federation (PVF), a women’s professional volleyball league based in Frisco and Columbus, Ohio. Derulo, who is also a co-owner of the PVF’s Omaha Supernovas team, has increased his stake in the league and will serve as a league investor. The exact amount of his investment was not disclosed.
The Pro Volleyball Federation is set to begin its inaugural season in February 2024 with seven teams, including the Atlanta Vibe, Columbus Fury, Grand Rapids Rise, Omaha Supernovas, Orlando Valkyries, San Diego team, and a Dallas franchise joining in 2025. Derulo expressed his belief in the vision and growth of the league and his commitment to helping make it the premier women’s professional volleyball league in North America.
As a judge on “The Voice Australia” and a regular performer on “America’s Got Talent,” Derulo is well-known for his music career. He is the only solo artist to top the Billboard Pop Songs chart across the 2000s, 2010s, and 2020s. Derulo is also recognized as the King of TikTok, with over 58 million followers and more than 1.3 billion likes on the platform.
The Pro Volleyball Federation, announced in November 2023, has already garnered high-profile investors such as NFL quarterback Joe Burrow and his parents, as well as five-time Olympian Kerri Walsh Jennings. The league has committed over $150 million from its equity holders and team owners, with plans to become the premier women’s professional volleyball league in North America.
Derulo’s investment in the Pro Volleyball Federation highlights the growing interest and support for women’s sports leagues. With his experience and success as both a musician and performer, Derulo’s involvement is expected to bring further attention and resources to the league, contributing to its development and expansion.