Newly formed offseason league Project B is stocking up, with Phoenix Mercury star forward Alyssa Thomas becoming the second big-name WNBA player to sign with the overseas venture ahead of its anticipated November 2026 debut.
Thomas follows Seattle Storm forward Nneka Ogwumike in joining Project B, a traveling tournament-style competition reportedly offering players significant pay raises into the seven- and even eight-figure echelon — as well as equity stakes in the league.
Thomas will still feature in the 2026 season of Unrivaled 3×3 Basketball this January, with the launch of Project B expected to conflict with Unrivaled's third season in 2027.
With salaries reportedly topping both Unrivaled and the WNBA, Project B's funding sources came into question after Ogwumike's announcement last week.
In February, The Financial Times named Saudi Arabia's Public Investment Fund as a league investor, though Project B co-founder Grady Burnett denied those claims to Front Office Sports last week.
However, the league is working with event partner Sela, a known subsidiary of the Saudi Public Investment Fund, though Burnett was quick to qualify that "Sela is one event partner that we pay money to. We do not have any dollars coming from them."
With the first season of Project B set to field 66 players, expect more high-profile signings to continue as the new venture adds to the increasingly crowded WNBA offseason space.