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What Is Pickleball And Why Is It Taking Over America?

Pickleball is the fastest-growing sport in America, with an average growth rate of 11.5% in the past five years and over 4.8 million active participants in the U.S. Major League Pickleball says it is planning to reach nearly 40 million global players by 2030. Entrepreneurs such as Gary Vaynerchuk and athlete celebrities like LeBron James, Tom Brady and Drew Brees are all flocking to the investment opportunities to get in on what some say is the gold rush of the sport. But such exponential expansion doesn’t come without major growing pains, including competing professional leagues, health and safety standards at tournaments, loopholes in the rulebook, lack of courts to meet demand and a Wild West investing culture. Chapters: Intro: 00:00 Player growth: 01:37 Investment opportunities: 04:31 Pickleball’s future: 10:00 » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC Why Pickleball Has Tom Brady And LeBron James Investing