PJL ANNOUNCES LANDMARK $50M FIRST TEAM ACQUISITION BY MCCARTHY JUMPING TEAM
The Premier Jumping League (PJL) has today announced a landmark $50 million team acquisition by seasoned investor, trader, and competitive race car driver Jason McCarthy and McCarthy Jumping League LLC.
The milestone purchase establishes the McCarthy Jumping Team as the league's historic first ownership group.
This unprecedented valuation underscores immense investor confidence in the PJL ahead of its inaugural season in April 2027. Backed by a $300 million guaranteed prize money commitment from McCourt Global over its first three seasons, the PJL will feature 16 elite, merit-based teams competing across 14 international outdoor events in North America, Europe, and the Middle East.
Jason McCarthy, Founder and Managing Principal of a leading proprietary trading firm and an MIT graduate, brings extensive financial expertise and a deep family passion for the equestrian world to the league.
Jason McCarthy, Founder of McCarthy Jumping Team, commented:
"Our family believe strongly in the PJL’s vision, a league committed to the highest ethical standards, meritocracy, and elite competition, underpinned by a sustainable commercial model. We see enormous potential for the sport to grow its global audience while remaining true to its core values, and we are confident the PJL will drive meaningful growth for the sport we love."
Frank McCourt, Executive Chairman of McCourt Global, added:
"This investment is a powerful endorsement of the PJL’s vision and the future potential of jumping. From the outset, our ambition has been to attract new capital and growth opportunities to the sport. We are delighted to welcome the McCarthy Jumping Team as our first ownership group."
The PJL is professionalising the global equestrian economy by establishing a structured, season-long narrative alongside Emmy award-winning Box to Box Films.
The league operates with a free-to-view broadcasting model and is designed around stringent horse and rider welfare standards, including restricting 1.60m competitions to final days to reduce cumulative demands. The PJL continues to work closely with the FEI, with a Series Approval decision expected imminently.
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See attached documents for information about the PJL