10 months ago
Dive into the game-changing details of the merger:
🔹A whopping $70 million commitment, split evenly between #MLP & #PPA ! 🤝 Big hitters like Jason Stein (SC Holdings, NY Hustlers) and Al Tylis (DC Pickleball) are leading the investment charge.
🔹New leadership alert! 🚀 Knighthead Capital Management takes the helm, promising a financial facelift by axing management fees and tweaking profit shares & liquidation preferences.
🔹Players and reps feeling the heat for their piece of the pie! 🥧 Some MLP owners question the deal's impact on the game's value. 🤔💼
#Pickleball #News
🔹A whopping $70 million commitment, split evenly between #MLP & #PPA ! 🤝 Big hitters like Jason Stein (SC Holdings, NY Hustlers) and Al Tylis (DC Pickleball) are leading the investment charge.
🔹New leadership alert! 🚀 Knighthead Capital Management takes the helm, promising a financial facelift by axing management fees and tweaking profit shares & liquidation preferences.
🔹Players and reps feeling the heat for their piece of the pie! 🥧 Some MLP owners question the deal's impact on the game's value. 🤔💼
#Pickleball #News
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This whole story is a wild ride that shows just how big pickleball is getting and the serious cash and strategy moves happening behind the scenes.
10 months ago
In response Pickleball Nation to his Publication