Kevin Durant is the latest athlete to buy a Major League Pickleball team

Kevin Durant is the latest athlete to buy a Major League Pickleball team


Kevin Durant #7 of the Brooklyn Nets dribbles during the first half against the Cleveland Cavaliers at Barclays Center on May 16, 2021 in the Brooklyn borough of New York City.

Sarah Stier | Getty Images

Brooklyn Nets star Kevin Durant is the latest celebrity athlete taking his love of pickleball big league.

The NBA All-Star and his business partner Rich Kleiman announced Thursday that their firm, Thirty Five Ventures (35V), has purchased Major League Pickleball’s newest expansion team.

Financial terms of the deal were not disclosed.

In recent weeks, Major League Pickleball has signed on a number of big-name athlete owners, including basketball legend LeBron James and NFL stars Tom Brady and Drew Brees. Pickleball has exploded in popularity during the pandemic and an increasing number of athletes and entrepreneurs are looking to get in on the action.

In September, a viral video showed Durant playing pickleball at a local recreation center, declaring that he’s “getting the hang of it.” As avid pickleball players and fans, Kleiman said their interest in the sport was a natural fit.

“We can’t wait to build this team from the ground up, as well as work to elevate the sport and the league to unprecedented heights,” he said.

Thirty five Ventures has investments in more than 75 companies, including many in sports and media. The company said it plans to handle everything from player relations, marketing, sponsorships and merchandise. It will also use its media network, The Boardroom, to talk about the team and league.

The new partnership also will have a community component. Similar to his work with 35V’s “Build It and They Will Ball” initiative, which has refurbished basketball courts globally, Durant plans to bring pickleball to underserved communities.

As part of MLP’s expansion plans for next year, the league will add four teams to 16, double the number of its tournaments to six and offer $2 million in prize money.

Pickleball has seen investment on and off the court as its popularity has surged. In 2021, 4.8 million people played the sport in the U.S., according to a 2022 report by the Sports & Fitness Industry Association.

How pickleball is taking over America



Source

Eli Lilly launches new form of obesity drug Zepbound with a month’s worth of doses in one pen
Business

Eli Lilly launches new form of obesity drug Zepbound with a month’s worth of doses in one pen

An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York on March 28, 2024. Shelby Knowles | Bloomberg | Getty Images Eli Lilly on Monday launched a new form of its blockbuster obesity drug, Zepbound, that offers a month’s worth of doses in a single pen. Cash-paying patients can […]

Read More
Airlines halt Puerto Vallarta flights after violence following Mexican cartel leader’s killing
Business

Airlines halt Puerto Vallarta flights after violence following Mexican cartel leader’s killing

Smoke billows from burning vehicles amid a wave of violence, with torched vehicles and gunmen blocking highways in more than half a dozen states, following a military operation in which a government source said Mexican drug lord Nemesio Oseguera, known as “El Mencho,” was killed, in Puerto Vallarta, Jalisco, Mexico, February 22, 2026, in this […]

Read More
As American Girl turns 40, Mattel grapples with bringing dolls into a new era
Business

As American Girl turns 40, Mattel grapples with bringing dolls into a new era

The original six American Girl historical characters — Kirsten Larson, Samantha Parkington, Molly McIntire, Felicity Merriman, Addy Walker and Josefina Montoya — are displayed at the brand’s flagship store, Luke Fountain The flagship American Girl Place at Rockefeller Center in New York City feels frozen in time. The air smells faintly of vanilla. Young girls […]

Read More