Pickleball Nation
@PickleballNation
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
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Grayson Kim
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
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