• Loading stock data...
Saturday, July 27, 2024
Join us this September for Tuned In Request to Attend

Anheuser-Busch Buying Major League Pickleball Team

  • A-B will control a new MLP expansion team launching in 2023.
  • Other MLP team owners include LeBron James, Tom Brady, and Kevin Durant.
MLP

Anheuser-Busch has been synonymous with big-time sports for decades.

Whether it’s paying to be the Super Bowl’s largest advertiser or owning Major League Baseball’s St. Louis Cardinals (1953-1995), the brewer’s Budweiser and Bud Light brands are ubiquitous in the sports world. 

Now A-B is investing in the country’s fastest-growing sport: pickleball. It announced Tuesday plans to buy a Major League Pickleball franchise, starting in the 2023 season.

The giant brewer is the first Fortune 500 company to purchase an MLP team and it joins a growing list of high-powered MLP owners.

  • NBA superstars LeBron James and Kevin Durant
  • The NFL’s Tom Brady and former New Orleans Saints great Drew Brees
  • Tennis legend Kim Clijsters

The agreement gives A-B control over one of MLP’s new expansion teams. The brewer will call the shots on everything from player drafts to team sponsors. 

Still Expanding

During the 2023 season, MLP will expand from 12 to 16 teams. The new league will double its number of events to six, and player prize money to more than $2 million.

“Anheuser-Busch is one of the most impactful professional sport sponsors in the US, to have them join as an ownership partner is an incredible opportunity for Major League Pickleball,” said Steve Kuhn, MLP’s founder and CEO.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Teahupo'o Tahiti Surfing

Olympic Surfing Crashes on Tahiti Like a Wave

For Teahupo‘o’s locals, the Olympics are a mixed blessing.

Olympics: Despite Concerns, Star Athletes and Paris Spark Hope

Hope rises for a resurgent event after two pandemic-marred Olympics.

The Perfect Storm Propelling ‘EA Sports College Football’ to Early Success

Growing fandom and a long wait have already reaped dividends for EA.

The FTC Noncompete Ruling Could Change MMA As We Know It

Fighters could see their options—and earnings—grow.
podcast thumbnail mobile
Front Office Sports Today

Olympics Open: What Athletes Can Do With 15 Minutes of Fame

0:00

Featured Today

July 20, 2024

The Road to the Return of ‘EA Sports College Football’

This summer, the biggest development in college sports is virtual.
Apr 15, 2024; Brooklyn, NY, USA; Caitlin Clark poses with WNBA commissioner Cathy Engelbert after being selected with the number one overall pick to the Indiana Fever during the 2024 WNBA Draft at the Brooklyn Academy of Music.
July 16, 2024

Women’s Sports Merch Is a $4 Billion Market, but Supply Isn’t Meeting Demand

Retailers can’t make women’s sports apparel fast enough.
Jan 7, 2024; Nashville, Tennessee, USA; Jacksonville Jaguars wide receiver Calvin Ridley (0) reacts after scoring a touchdown against the Tennessee Titans during the first half at Nissan Stadium.
July 14, 2024

Without Hard-Line Bans, Pro Athletes and Personnel Will Keep Betting on Sports

Penalties often aren’t stringent or consistent enough to deter banned behavior.

Is Red Bull’s Dynasty in Danger?

Max Verstappen and Red Bull are no longer in complete control.
July 25, 2024

San Francisco WNBA Team Already Smashing Women’s Ticket Records

The WNBA’s newest team has received more than 15,000 deposits.
July 26, 2024

WBD Takes NBA to Court Over Media-Rights Dispute With Amazon

The NBA’s media future could be decided in court.
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
July 24, 2024

WNBA Signs $2.2B Deal With Disney, NBC, Amazon

WNBA signed new media agreements; ESPN won’t have exclusive rights to WNBA Finals.
July 24, 2024

Salt Lake City’s Olympic Host Deal Includes Last-Minute Doping Clause

Utah officials are now mandated to uphold the ‘supreme authority’ of the World Anti-Doping Agency.
July 22, 2024

Sports TV Ratings Tend to Dip During Election Season, but Money Will Flow

Prior history suggests the upcoming election season will again prove disruptive to sports viewership.
July 22, 2024

WNBA All-Star Weekend Signals League’s Growth, Delivers Action

The WNBA All-Star weekend was a showcase of the league’s rise driven by rookies.