Pickleball•Nishant Radia
James Blake’s $100K Pickleball Team Now Worth $10 Million

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Former tennis star James Blake and investor Marc Lasry bought a Major League Pickleball team for $100,000 in 2021. By May 2023, Lasry estimated its value at $10 million, reflecting the sport’s rapid growth. Pickleball participation surged over 223% in three years, attracting celebrity investors like LeBron James and Tom Brady, highlighting expanding commercial potential.
Source: Original Coverage
