Wall Street's Lax Bros: The Real Life Brothers Bringing Lacrosse to the Masses
*By Carlo Versano*
Two brothers-turned-co-founders are using their Wall Street and athletic experience to make lacrosse a mainstream sport ー with its own league, season, venues, and even exclusive TV deals.
Paul Rabil, a professional player with Major League Lacrosse, and his brother Mike founded the Premier Lacrosse League based on their shared love of a sport that has long been associated with Northeastern prep schools and Ivy League "bro" culture.
But the Rabils see a potential to unlock a much wider audience, based, in part, on increased lacrosse participation in high schools nationwide. The sport has seen [35 percent](https://www.bloomberg.com/news/articles/2018-10-22/wall-street-s-lacrosse-fraternity-backs-rabil-s-upstart-league) participation growth since 2012, according to the Sports & Fitness Industry Association, which the Rabils called "rocket fuel" for the PLL when they appeared on Cheddar Tuesday.
With Mike serving as CEO and Paul as CSO, the brothers have already secured funding for a six-team league with a 14-game season ー as well as an exclusive live TV deal with NBC Sports Group. They will offer their full-time athletes benefits and equity in the league: "Athletes have become the new investors," Paul said.
But their biggest challenge still lies ahead: convincing casual sports fans that there's more to LAX than the bros.
*Disclaimer: Cheddar Founder and CEO Jon Steinberg is a PLL advisor.*
For full interview [click here](https://cheddar.com/videos/meet-wall-streets-lax-bros).
AEVEX CEO Roger Wells joins to discuss the company's IPO and what it means for the future of autonomous defense systems in an era of rapid military innovation.
What does AI actually mean for the US economy? Andrew Husby of BNP Paribas breaks down the macro signals, risks, and opportunities hiding in plain sight.
Dominick Passanante of Panasonic Connect breaks down the innovations behind TOUGHBOOK and why rugged tech is more relevant than ever in today's mobile workforce
Voya Financial CEO Heather Lavallee marks 10 years of Voya Cares, spotlighting research and expanding financial access for Americans with disabilities.
When Treasury Secretary Scott Bessent (above) and Fed chair Jay Powell jointly summon America’s top bankers to a meeting in Washington, you know it’s big.
Kim Crawford Goodman, CEO of Smarsh, breaks down how financial firms are scaling AI while managing compliance, risk, and regulation in a changing landscape.