Tennis champion Naomi Osaka and Kansas Metropolis Chiefs quarterback Patrick Mahomes are reportedly investing in a brand new Main League Pickleball group primarily based in Miami.
In keeping with Forbes, the brand new group, whose possession group contains NBA super-agent Wealthy Paul, will start enjoying subsequent 12 months.
Although the worth of the investments made by Osaka and Mahomes has not but been decided, the outlet famous that current growth offers fall anyplace between $1 million and $3 million.
Pickleball combines numerous components of tennis, badminton, and ping-pong and is performed indoors or open air on a badminton-sized courtroom with a barely modified tennis web.
Quite a few superstar buyers have poured substantial {dollars} into the pickleball league over the previous few months. This newest rumored funding joins the ranks of superstar buyers equivalent to Brooklyn Nets celebrity Kevin Durant and Los Angeles Laker LeBron James.
As BLACK ENTERPRISE beforehand reported, Durant teamed up with James and Golden State Warrior Draymond Inexperienced to buy an growth group. They’re anticipating to take part within the 2023 season. James related with Inexperienced and Cleveland Cavaliers ahead Kevin Love in a brand new possession group in September after they joined Main League Pickleball.
Forbes claimed that the fast-growing sport, based by hedge-fund titan Steve Kuhn, is ready so as to add one other 12 franchises in 2023.
With spectacular portfolios, Mahomes and Osaka are not any strangers to possession or investing. The soccer star has stakes in Main League Baseball’s (MLB) Kansas Metropolis Royals and Main League Soccer’s (MLS) Sporting Kansas Metropolis. Per Forbes, he brings house an estimated $22 million off the sphere yearly.
Osaka, who has been ranked because the world’s highest-paid feminine athlete for 3 consecutive years, has earned a complete of $58 million off the tennis courtroom. She topped Forbes’ checklist of the highest-paid feminine athletes of 2021. In January 2021, she invested within the Nationwide Ladies’s Soccer League’s (NWSL) North Carolina Braveness and had already proven a knack for enterprise together with her Kinlò skincare line and stakes in VR startup StatusPRO, plant-based hen maker Daring Meals and a group of NFTs on Tom Brady’s Autograph platform.
