The Canterbury Rugby Union and Crusaders have taken minority ownership stakes in the Seattle Seawolves.
The Seawolves were formed last year and will participate in America’s new professional rugby competition, Major Rugby League, which kicks off in April.
‘As the oldest rugby organisation in New Zealand we are excited to have secured a small stake in the future of professional rugby in the US,’ said Nathan Godgrey, Canterbury Rugby CEO.
‘We look forward to sharing our expertise of developing some of the world’s best rugby players with the Seawolves.’
Crusaders chief executive Hamish Riach said his franchise would be looking to help the Seawolves.
‘Our goal is to assist them with their entry into professional rugby in the US. We look forward to helping where we can and supporting them in their exciting journey to be a successful professional team and club.’