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Benzinga
Benzinga
Business
Omar Sacirbey

LA Dodgers Ownership Group Makes Money Moves As Its VC Arm Invests in Professional Dance League Startup

Dodgers EA SPORTS IDL Elysian Los Angeles Dodgers Draft Kings Genius Sports NBA World Series
Startup,Funding,Or,Project,Crowdfunding,As,Business,And,Financial,Concept

You can't blame Los Angeles Dodgers ownership for being in a dancing mood after the franchise dramatically won its second straight World Series on Nov. 1.

Elysian Park Ventures, the private investment arm of the Los Angeles Dodgers ownership group, invested $7 million in seed capital in the International Dance League, the first global professional sports league for dance. The IDL, which was founded by the founders of digital dance platform STEEZY, will debut early next year.

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