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Sunday, December 15, 2024

MLB Invests in Hyperice

MLB to Invest in Hyperice as Part of Multi-Year Partnership
Tim Heitman-USA TODAY Sports

Recovery tech company Hyperice has yet another deal, this time a multi-year partnership with MLB that will also include a future investment by the league.

Hyperice’s products are now available in the dugout and bullpen for players’ use during games. In addition to the league’s investment, San Diego Padres star Fernando Tatís Jr. is joining the company as an investor and ambassador — the first MLB player to do so. 

The new partnership comes after Hyperice’s recent deals with the NBA, UFC, NWHL, and the English Premier League’s Tottenham Hotspur. After a funding round of about $48 million that included investments from a slew of professional athletes announced on Oct. 8, Hyperice is valued at around $700 million.

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