Kevin Durant is the latest athlete to buy a Major League Pickleball team. The NBA All-Star joins Drew Brees, LeBron James and Tom Brady as pickleball team owners.
Who just bought a pro pickleball team?
Basketball star Kevin Durant is purchasing a Major League Pickleball expansion team as the upstart sport expands and attracts new investors. Thirty Five Ventures, the investment firm run by Durant and Rich Kleiman, will own and operate a team full-time, running personnel, merchandise, sponsorships and marketing.
How much was LeBron’s pickleball team?
14-16 in Columbus, Ohio, 48 players will compete for the largest single-event purse in the history of professional pickleball, $319,000. The winning team will net $100,000. Students from the LeBron James Family Foundation’s I Promise school in Akron will be in attendance at the finale.
What team is LeBron buying?
He recently joined Draymond Green, Kevin Love and others in buying a professional pickleball team. When James invested in Fenway Sports Group in 2021, he also became a minority owner in the Boston Red Sox, Liverpool Football Club, RFK Racing and the Pittsburgh Penguins.
Does Tom Brady own a pickleball team?
Tom Brady and Kim Clijsters are Major League Pickleball’s newest team owners. Tom Brady and Kim Clijsters are part of Major League Pickleball’s newest ownership group. They join high-profile owners like LeBron James and Drew Brees. Pickleball is America’s fastest-growing sport with more than 4.8 million players in 2021 …
Is pickleball the fastest-growing sport?
Pickleball, often described as a combination of tennis, Ping-Pong and badminton, grew nearly 40 percent between 2019 and 2021, making it America’s fastest-growing sport.
Does LeBron play pickleball?
The purchase stems from a personal passion James and Carter share for playing pickleball, according to CNBC’s Jessica Golden. “When I started playing pickleball, I immediately connected with the sport’s community and its capacity to be both fun and competitive,” Carter tells CNBC.
Did Tom Brady buy a pickleball?
Tom Brady buys a pickleball team, one month after LeBron James jumped into the sport | Fortune.
How much does a pro pickleball player make?
The average yearly earnings of a U.S. Pickleball Pro is $50,201 a year, not including sponsorships. If you include sponsorships into the yearly earnings, players can earn up to $200,000 per year. However, this changes depending on where players play.
How much does it cost to buy a pickleball team?
What Does an American Pickleball Association Franchise Cost? To buy a franchise with American Pickleball Association, you’ll need to have at least liquid capital of $50,000 and a minimum net worth of $75,000. Franchisees can expect to make a total investment of at least $35,000.