• Loading stock data...
Saturday, July 19, 2025

Garrett, Scheffler Lead Texas-Sized Pickleball Investment Group

  • Garrett, a recreational pickleball player, believes in the sport’s ability to capitalize on its recreational success.
  • Major League Pickleball teams are now individually seeing valuations of $10 million.
Cleveland Browns defensive end Myles Garrett wearing sunglasses on the sideline during a preseason game against the Philadelphia Eagles at Lincoln Financial Field.
Eric Hartline-USA TODAY Sports

Major League Pickleball has landed a new wave of big-name athlete investors.

The Texas Ranchers have announced NFL players Myles Garrett, Micah Parsons, Bijan Robinson, and C.J. Stroud, as well as World No. 1 golfer Scottie Scheffler and ninth-ranked tennis player Taylor Fritz, as new owners. Beside the California native Fritz, all of the athletes have connections to Texas.

MLP teams are now individually seeing valuations of $10 million and over 36 million people played the sport recreationally last year.

Garrett and co. join the high-profile list of pro athlete pickleball investors that includes Tom Brady, Kim Clijsters, LeBron James, Draymond Green, Kevin Love, Naomi Osaka, Patrick Mahomes, Devin Booker, Larry Fitzgerald, and Chris Evert.

Garrett, the Cleveland Browns DE and Arlington native, tells Front Office Sports that he plays pickleball in his home state and in Ohio, and that he believes in the sport’s ability to capitalize on its recreational success.

“You can be playing with your friends, then go home and now you’re chilling watching [the pros] play,” says Garrett. “You’re taking their moves and you’re starting to understand the game. Those things, that’s how every sport promotes itself and grows by just being accessible to a lot of people and to the youth.

“I want to be part of that group that gets better from being able to watch.”

MLP team values have seen a 100x growth over the past two years.

Major League Pickleball Team Values Skyrocket to $10 Million

MLP team values have seen a 100x growth over the past two…
July 7, 2023

It’s not just athletes getting in on the pickleball craze: The Ranchers brought on a variety of over 30 new part-owners in this latest round, including country star Zach Bryan, fashion designer Kendra Scott, and Teqball CEO Ajay Nwosu.

“We’ll probably have over 115 million in reach across all social channels with our ownership group,” Ranchers president and part-owner Evan Floersch tells FOS. “That’s a huge benefit to us as we’re looking to globalize the brand and the sport of pickleball, but you also have to consider that you don’t start big, you start at the local level.

“So giving people relevance and names to follow behind and root for at the ownership level that are local leaders is definitely useful for us.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Ryan Field Construction
exclusive

First Look Inside Northwestern’s $862 Million New Ryan Field

Five big things FOS learned on our exclusive stadium tour.
Jul 21, 2024; Ayrshire, SCT; Xander Schauffele celebrates with Claret Jug after winning the Open Championship golf tournament at Royal Troon.

The Boozy History and Traditions of The Open’s Claret Jug

The Open awards the world’s most famous wine decanter.
2025 PDC World Darts Championship Final - Luke Littler vs Michael Van Gerwen

A Teen Darts Prodigy Is Becoming Bigger Than the Game Itself

Luke ‘The Nuke’ Littler is cashing in on his devastatingly accurate shot.
May 31, 2025; Philadelphia, PA, USA; Sydney McLaughin-Levrone (USA) reacts before the women's 100m hurdles during the Grand Slam Track Philadelphia at Franklin Field
exclusive

Track’s New Money Is Running Into Old Problems

The sport’s big-money era has hit some speed bumps in 2025.

Featured Today

Bobbleheads are seen at Vintage Indy Sports, Tuesday, April 29, 2025 in Speedway. The local sports memorabilia store opened recently.

Baseball’s Bobbleheads Are the Center of the Collectibles Universe

Baseball’s most important keepsake drives long lines—and big business.
Rimouski, QC - JUNE 1: Final Game of the 2025 Memorial Cup between the Medicine Hats Tigers and the London Knights on June 1, 2025, at the Colisée Financière Sun Life in Rimouski, Qc.
July 11, 2025

CHL Is Facing a ‘Pandora’s Box’ of Questions Amid NCAA Talent Departure

As players defect to college, the Canadian Hockey League won’t cede ground.
Jun 28, 2025; Arlington, Texas, USA; Seattle Mariners catcher Cal Raleigh (29) bats during the game between the Texas Rangers and the Seattle Mariners at Globe Life Field.
July 9, 2025

The Torpedo Bat Business Is Still Going Strong: ‘Here to Stay’

Demand for the oddly shaped bats has stayed strong across the sport.
July 6, 2025

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
Bradley Beal
exclusive
July 17, 2025

‘Brad Doesn’t Like Change’: Beal Agent Says He Wants Long-Term Clippers Deal

Beal agreed to a contract buyout with the Suns on Wednesday.
July 17, 2025

T.J. Watt Becomes NFL’s Highest-Paid Non-QB

Watt’s new Steelers contract comes with $108 million fully guaranteed.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
Oct 13, 2024; Chicago, IL, USA; Ruth Chepngetich of Kenya poses for a photo with the time clock after finishing first in the women’s race, setting a new world record at 2:09:56 during the Chicago Marathon at Grant Park.
July 17, 2025

Kenyan Whose Record Shocked Running World Suspended for Drugs

Her drug test showed levels 190 times above the allowed amount.
Collins
July 17, 2025

NFL Second-Round Impasse May End As Niners Give Pick $9M Guaranteed

The contract isn’t fully guaranteed like the earlier second-rounder deals.
Caitlin Clark
July 17, 2025

Caitlin Clark Out for WNBA All-Star Game, 3-Point Contest With Injury

Clark and Satou Sabally will miss the game with injuries.
Apr 8, 2025; Phoenix, Arizona, USA; Phoenix Suns guard Bradley Beal (3) reacts during the first half against the Golden State Warriors at Footprint Center.
July 16, 2025

Bradley Beal Agrees to Suns Buyout, Will Join Clippers

Beal is the latest star player to leave Phoenix behind Kevin Durant.