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Major League Pickleball and the Professional Pickleball Association have completed their long-awaited merger agreement and infused new capital into the sport, the leagues announced Thursday. The agreement comes after months of drama, hostility and negotiations between the competing pickleball leagues as they now join forces to determine the future of professional pickleball. "Today is an exciting day for everyone involved or interested in the world of pickleball," said PPA Tour founder and CEO Connor Pardoe. The merger will bring together more than 150 professional pickleball players, including many top-ranked players in the world. The PPA Tour features individual bracket-style tour, while MLP is a team-based format.
Persons: Lacy Schneemann, Major League Pickleball, Al Tylis, Tom Dundon, Connor Pardoe, haven't, Bruce Popko, Steve Kuhn, Julian DePietro, Brooks Wiley Organizations: Florida, League Pickleball, BLQK, Major League, Professional Pickleball Association, PPA, MLP, SC Holdings, D.C, Pickleball Team, CNBC, CNBC PRO Locations: Columbus , Ohio
Jorja Johnson of the Hard Eights holds her Franklin paddle during the Major League Pickleball finals match against BLQK at Pickle & Chill on October 16, 2022 in Columbus, Ohio. Major League Pickleball is getting new leadership as it looks to capitalize on the rise of America's fastest-growing sport at the professional level. "The additions of Julio and Bruce signify another landmark step forward in the evolution of Major League Pickleball," said MLP founder Steve Kuhn. We're at just the beginning of this hockey-stick growth," DePietro told CNBC. In the year-plus that he's served as an owner in the league, DePietro said, team valuations have seen 100-times growth.
Persons: Jorja Johnson, Franklin, Major League Pickleball, Julio DePietro, Bruce Popko, Julio, Bruce, Steve Kuhn, DePietro, Kuhn, he's, pickleball, LeBron James, Kevin Durant, Tom Brady, Drew Brees Organizations: League Pickleball, BLQK, Major League, pickleball, NFL, CNBC, Citadel, Florida, MLP, NBA, Anheuser, Busch Locations: Columbus , Ohio
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMajor League Pickleball CEO: The sport 'absolutely' can be as big as tennis somedayJulio DePietro, Major League Pickleball CEO and Bruce Popko, Major League Pickleball COO, join 'Squawk Box' to discuss the explosive growth of the sport, comparisons to tennis, media viewership opportunities, and more.
Persons: Julio DePietro, Bruce Popko Organizations: League, League Pickleball
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