LOS ANGELES, CA / HOUSTON, TX – March 26, 2026 – League One Volleyball (LOVB) — the largest community in youth volleyball and the nation’s first professional league built from the club up — today announced that Synergy Sports Capital, the $150 million private equity fund led by former NFL players Terrence C. Murphy Sr. and Reggie Bush, has made a strategic investment in the league to acquire operating rights for LOVB Salt Lake.
The investment builds on the momentum of Synergy Sports Capital’s recently announced inaugural fund, which focuses on acquiring controlling stakes in high-growth emerging sports leagues and teams. As part of the investment, Synergy will assume operating rights to LOVB’s Salt Lake team.
Murphy, a Park City, Utah, part-time resident and youth club volleyball parent whose daughter plays with LOVB’s Houston Skyline The Woodlands, has been a longtime believer in LOVB’s youth-to-pro model. Through Synergy Sports Capital, Murphy, Bush, and their partners plan to expand resources for the Salt Lake team while deepening its ties to one of the country’s most passionate volleyball communities.
Unlike traditional sports leagues, LOVB operates a fully integrated volleyball ecosystem that connects youth clubs, collegiate recruiting pathways, and professional competition under one national brand. The model allows athletes to develop through elite club systems, compete at the collegiate level, and pursue professional careers in the U.S., while current pro athletes reconnect with youth clubs as mentors to the next generation.
“When we look for owners, we look for leaders who see what this league can become, not just what it is today,” said Sandra Idehen, Commissioner of LOVB Pro. “Terrence, Reggie, and the Synergy team understand the journey of elite athletes, the cultural power of sports, and how to build businesses that last. Their investment in LOVB and leadership of the Salt Lake team strengthens our foundation as we build the next great professional league in America.”
Founded to acquire controlling stakes in dynamic sports ventures, Synergy Sports Capital views LOVB as a cornerstone platform within its investment strategy focused on emerging sports leagues.
“Salt Lake has everything you want in a winning organization — a talented team with great chemistry, a passionate and growing sports market, and a culture that values grit and competitiveness,” said Terrence C. Murphy Sr., Founder and Managing Partner of Synergy Sports Capital. “As a volleyball dad, this sport means a lot to me personally, and the opportunity to help build something special here made this the right fit. Our goal is to create one of the toughest home-court environments in the league.”
LOVB Salt Lake debuted in January 2025 and is now in its second season, with the league quickly attracting many of the sport’s top international athletes. One in five players is an Olympian, 75% have national team experience, and athletes represent more than 21 countries.