While I have become a true Pickleball enthusiast and continue to play regularly (having taught at least 50 Pickleball virgins to play), I couldn’t have anticipated that Pickleball was going to rapidly become such big business! I recently saw this article, which details a whole bunch of ways that my new favorite sport (my old favorites are still volleyball and slalom waterskiing) is becoming big business. There are dozens of new companies selling paddles and accessories, hundreds of venues opening around the country, technologists developing software to facilitate Pickleball enthusiasm (court finders, scoring assistants, and even “Tinder-like” apps designed to help you find Pickleball playing partners), along with tournaments and professional Pickleball.
What is really incredible is that many experts are predicting that we’re still just scratching the surface.
- Currently, while Pickleball continues to have its place as the fastest growing sport in the US, it is still “only” about 25% the size of tennis.
- Communities all over the country are converting underused tennis courts into Pickleball courts (although, in part because Pickleball is a noisy game, frequently leading to disputes all the way from San Diego to Philadelphia), but that is just the start.
- You can even watch live matches on network and cable TV, including ESPN and CBS. If you want my opinion, the game is much more fun to play than to watch. The “non-attackable” dink shot is such an important part of the game, but it is slow and not that exciting to watch (although it is difficult to execute consistently); the “pros” often engage in a dozen or more dinks a point before the fast action of the game, which often doesn’t last long.
In case all of that doesn’t get you to believe that the Pickleball craze isn’t more than a passing fad, consider that high profile athletes (like Tom Brady, Drew Brees, Kim Clijsters, Kevin Durant, and Lebron James) have all become owners of Major League Pickleball teams (at a reported cost of seven figures)! The league’s founder, Steve Kuhn, said the goal of the league is for the current approximately 5 million Pickleball players in the US to reach 40 million by 2030. In case you are math challenged, that would represent 8x growth in people playing the sport over the next 8 years…a huge growth opportunity for aspiring entrepreneurs indeed!
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