It appears Tom Brady will remain involved in the world of sports following the end of his football career.
That’s not a shock. But the sport he’s investing in might come as a surprise.
Brady has bought into an ownership group for a Major League Pickleball team, according to a report from Front Office Sports. The ownership group also includes former professional tennis player Kim Clijsters. The team will begin play during the 2023 season.
Brady isn’t the only big player getting in on the hottest new professional sports league, which will see its ranks expand from 12 to 16 teams before next season.
Six-time tennis Grand Slam champion Kim Clijsters is the other big-name athlete in the ownership group. She’s most excited about getting to “help shape the future of pickleball.”
The group, led by Knighthead Capital Management LLC, also includes Knighthead co-founder Tom Wagner, film producer Matt Alvarez, and Wall Street bond saleswoman Callie Simpkins.
Financial advisor Kaitlyn Kerr is also part of the group and will serve as the team’s general manager.
The new team will be 50% female-owned, aligning with the league’s push for gender equality.
Major League Pickleball is planning to expand from 12 teams to 16 next season and to hand out a record $2 million in prize money. MLP founder Steve Kuhn has apparently set a goal to have 40 million people playing pickleball by 2030.
Getting Brady on board certainly can’t hurt.