Friday, May 15, 2026

Osaka, Mahomes Among New Pickleball Investors

  • The team will reportedly be based in Miami.
  • Nick Kyrgios and Rich Paul are also reportedly a part of the ownership group.
Naomi Osaka pumps fist and smiles after winning a point
Geoff Burke-USA TODAY Sports

Naomi Osaka and Patrick Mahomes are taking after other star athletes by joining Major League Pickleball.

The pair are reportedly set to invest in a new MLP team based in Miami. Tennis star Nick Kyrgios, sports agent Rich Paul, and Soichiro Minami and Matthew Prizker are also expected to invest in the team, which will begin play next year.

The size of the investment isn’t known, but Forbes reported that the expansion fee for other recent deals was between $1 million and $3 million. MLP could not be reached for comment when contacted by Front Office Sports.

MLP had eight teams for its inaugural 2021 season, 12 teams for 2022, and is set to add 12 more in 2023. The low prices have attracted other athletes.

  • The investment firm founded by Kevin Durant and Rich Kleiman — Thirty Five Ventures — purchased an expansion team in October. 
  • The same month, Tom Brady and Kim Clijsters joined an ownership group buying a team.
  • A group including LeBron James, Draymond Green and Kevin Love purchased a team in September.
Man server ball in Major Pickleball League match

Pickleball Leagues Make Big Plans for 2023

Major League Pickleball is planning two three-event seasons for 2023.
December 13, 2022

An announcement on the investment is expected on Thursday. 

Sport Switch

An MLP franchise won’t be the first sports team in Osaka or Mahomes’ portfolio.

Kansas City Chiefs quarterback Mahomes, who Forbes estimates makes $51.5 million, has stakes in MLS’ Sporting Kansas City and MLB’s Kansas City Royals.

Osaka, who Forbes estimates makes $55 million, is an owner of the NWSL’s North Carolina Courage.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Reggie Bush speaks on unionizing college football players during the Rose Bowl Hall of Fame induction ceremony at the University Club of Pasadena in Pasadena, Calif. Tuesday, Dec. 31, 2024.

Former NFL Pros Launch PE Firm for Emerging Leagues

Terrence C. Murphy and Reggie Bush are targeting $150 million for their debut fund.
exclusive

LOVB Names Ex-Nike Exec As First Commissioner

Sandra Idehen takes over the women’s league this week.
exclusive

Here Comes Yet Another Racket Sport: Typti

Typti, a cross between tennis and pickleball, has big celebrity backing.
Hockey: PWHL-Boston at Toronto

Emerging Women’s Sports Leagues Kept Expanding in 2025

Beyond the WNBA and NWSL, women’s sports kept growing.

Featured Today

‘The Sonics Never Died’: The Long Afterlife of Seattle NBA Merch

Inside “the largest team shop for a team that doesn’t exist.” 
Mar 27, 2026; Washington, DC, USA;UConn Huskies forward Tarris Reed Jr. (5) dunks the ball against the Michigan State Spartans in the second half during a Sweet Sixteen game of the East Regional of the men's 2026 NCAA Tournament at Capital One Arena
March 28, 2026

March Madness Coaches Debate ‘Blueblood’ in NIL Era

The term’s meaning was up for debate at men’s March Madness.
Maxime Vachier Lagrave
March 25, 2026

The Planet’s Best Chess Players Are Having Their LIV Golf Moment

Chess’s most prestigious tournament is battling a splashy Saudi event.
Beau Brune/LSU
March 22, 2026

College Athletic Departments Are Becoming Media Companies

“There’s only so many tickets you can sell, but content is infinite.”
Jack Nicklaus speaks to media prior to the start of the Memorial Tournament at Muirfield Village Golf Club in Dublin, Ohio on May 27, 2025.

Jack Nicklaus Re-Acquires Nicklaus Companies After Lawsuit

Nicklaus takes back ownership of marks like the iconic Golden Bear.
January 28, 2026

CVC’s New Sports Business Buys Into $300M Equestrian Company

Global Sport Group bought a controlling stake in Equine Network.
Team WNBA guard Caitlin Clark dribbles up the court against Team USA during the WNBA All-Star Game at Footprint Center in Phoenix on July 20, 2024.
February 3, 2026

Fund Backing Women’s Sports Raises $250M and Counting

Jason Wright oversees a fund that has secured $250 million.
Sponsored

Baseball Is Back: MLB Opening Day Prices Soar

MLB Opening Day ticket prices are at record highs. TickPick data breaks down demand, pricing trends, and where fans are paying the most.
Puma store
January 27, 2026

China’s Anta Eyes World Domination With $1.8B Puma Deal

Anta is now the largest shareholder in both Puma and Amer Sports.
Jan 24, 2026; Dallas, Texas, USA; Dallas Mavericks head coach Jason Kidd motions to his team during the first quarter against the Los Angeles Lakers at the American Airlines Center.
January 27, 2026

Jason Kidd Joins PE-Backed Youth Sports Company

The Mavericks coach is an equity holder and member of the board.
Contestants compete in the annual Nathan's hot dog eating contest at Tootsie's 57th Anniversary Birthday Bash on Lower Broadway in Nashville on Oct. 10, 2017.
January 22, 2026

Nathan’s Hot Dog Contest Will Continue Under Chinese Ownership

Nathan’s expects to keep the contest at Coney Island.
Batbox
January 12, 2026

Bowling’s Blueprint Is Powering the New Social Gaming Boom

New venues are fusing sports, entertainment, and good food.