Axios

The Marshall Islands is the last United Nations-recognized country in the world without a national soccer team. They're hoping to change that.

State of play: The Marshall Islands Soccer Federation, launched in 2020, has set out to grow soccer's presence on the islands and ultimately obtain FIFA recognition.

The women's Final Four is set, and it features three teams seeking their first national championship.

• Virginia Tech is making its Final Four debut.

Monarch Collective, a new investment firm focused on women's professional sports, has raised $100 million for its debut fund.

Why it matters: Monarch is seeking to fund what it views as the next big wave in pro sports, including investments in teams, leagues and adjacencies (e.g., media platforms, products, gaming).

Feeling blue? Try sports.

Driving the news: New research has found that attending live sporting events improves levels of well-being and reduces feelings of loneliness.

Sixty-four games later, four teams remain: UConn, Florida Atlantic, San Diego State and Miami. Just as we all predicted!

State of play: This year's men's basketball Final Four has the second-highest seed combination ever. UConn (4), Miami (5), San Diego State (5) and FAU (9) adds up to 23, trailing only UConn (3), Kentucky (4), Butler (8) and VCU (11) in 2011.