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The Premier Lacrosse League is merging with Major League Lacrosse, according to a report from Scott Soshnick of Sportico shared on social media by the Premier Lacrosse League Twitter account. Financial terms were not disclosed.

The PLL will expand to eight teams, adding the Boston Cannons. The Cannons will be rebranded as the Cannons Lacrosse Club, and the roster will be set after an Entry Draft. The PLL will retain the rights to the other five teams in the MLL for future expansion considerations.

UPDATE, 11:00 a.m. EST

The Premier Lacrosse League has issued an official statement on the merger, which you can read in its entirety below.

LOS ANGELES — The Premier Lacrosse League (“PLL”) and Major League Lacrosse (“MLL”) have merged with subsequent season operations and activities to formally exist under the Premier Lacrosse League.

As part of the merger, the PLL will immediately expand to include the Boston Cannons as the PLL’s eighth team, under the rebranded name Cannons Lacrosse Club. The Cannons Lacrosse Club roster will be entirely selected through an Expansion Draft in 2021. Additionally, the PLL will retain the rights to all of the former MLL teams for future expansion considerations.

The PLL and MLL have created an internal team that will oversee the success of the transition, including: front office, team and player orientation; the 2021 season schedule, which will include former MLL team markets; and a long-term plan to develop youth lacrosse players in historical MLL communities.

In the coming months, details will be announced regarding the 2021 Expansion Draft, as well as more information on how transitioning MLL players may enter the PLL Player Pool.

MLL Commissioner, Sandy Brown, explained, “this merger only benefits the future of the game, for it combines the history of professional lacrosse with an innovative approach that has already accelerated the game’s growth. Further, the major market commercial opportunities are at their infancy. The runway for a combined effort is robust.”

PLL co-founder and CEO, Mike Rabil, responded saying, “the unification of PLL and MLL puts the game first by providing our athletes and fans a single destination for the best lacrosse in the world, across every medium, coming this Summer 2021 on NBC Sports. I can’t think of anything better and more exciting for the sport.”

PLL co-founder and CMO, Paul Rabil, stated, “the PLL and MLL partnership is a massive step forward for professional lacrosse. Merging the two organizations and removing some of the challenges that athletes, sponsors and fans faced will undoubtedly advance the game forward. This one’s particularly nostalgic for me and a number of PLL players given that we began our careers and played in championship games with MLL prior to the PLL’s launch. Today and forever we share in that history and continue to build the future of pro lacrosse together.”