Dink Capital
Dink Capital · The Pickleball Consolidation Play

Invest in the consolidation of the world’s fastest growing sport.

Pickleball went from a driveway game to 24.3 million American players in five years. It is the first new major participation sport in 74 years, and the only one nobody owns yet. We’re building the group that does.

+479%
Growth · 2020–2025
24.3M
U.S. players, 2025
74 yrs
Since the last new major sport
5×
Straight years fastest-growing

Growth calculated from SFIA Topline Participation data (4.2M U.S. players in 2020 → 24.3M in 2025).

For verified accredited investors only. This page is not an offer of securities. Any offer is made solely through the Fund’s Private Placement Memorandum.

Accredited investors

One question before the calendar.

This is a Rule 506(c) offering, so calls are limited to accredited investors. Verification comes later — for now, just tell us where you stand.

Are you an accredited investor as defined in Rule 501(a) of Regulation D?

Your answer is an indication only — accredited status is verified before any offering materials are shared or any subscription is accepted.

An industry on a historic run

4.8 million players in 2021. 24.3 million today.

Five consecutive years as America’s fastest-growing sport. This isn’t a trend line anyone had to manufacture. It’s what happens when a game is easy to learn, cheap to start, and impossible to play just once.

2021
4.8M players
2022
8.9M players
2023
13.6M players
2024
19.8M players
2025
24.3M players
2026 · Projected
36M playersForward-looking estimate. Source: SFIA Topline Participation Reports, 2022–2026.

Pickleball now sits alongside tennis, basketball and golf in U.S. participation.

Basketball
29.7M
Golf
26.6M
Pickleball
24.3M
Tennis
23.8M
Baseball
16.7M
Soccer
14.1M

Source: SFIA Topline Participation Report (illustrative ranges). Pickleball is still climbing.

Why this one is different

Five things you can only say about pickleball.

✓

It’s the first new major participation sport in 74 years. Basketball, football, soccer, tennis: every one of them was locked in before your grandparents were born. This is the first time in three generations anyone has gotten to watch a sport arrive.

✓

Nobody owns it. There’s no league office, no founding family, no billionaire who got there in 1962. The sport grew faster than the ownership structure around it, and that gap is still open.

✓

You can drive to a court this weekend and watch the demand yourself. Full courts, waiting lists, paddles selling out. This isn’t a chart you have to take on faith. It’s a parking lot.

✓

Every major sport eventually became an asset class. Basketball, football and baseball franchises that changed hands for single-digit millions decades ago are institutional assets today. The value accrued to whoever owned the platform while the sport was still maturing.

✓

The next leg is international. India, Vietnam, Malaysia, the UAE, the UK, Australia: double-digit annual participation growth across every one of them, and the American story hasn’t even finished playing out.

Third-party outcomes shown for context; past performance is not indicative of future results. Growth figures per SFIA and DUPR / Global Pickleball Report (illustrative ranges).

The platform

Pickleball isn’t one business. It’s more than a dozen.

Right now the sport leaks margin at every hand-off. Courts leak to equipment dealers. Equipment leaks to distributors. Events leak to venues they don’t own. One group, one vehicle, one goal: own every layer so the hand-offs become the business.

01

Courts & Facilities

Recurring memberships and events anchor predictable, location-based revenue.

02

Paddles & Equipment

The highest-repeat purchase category in the entire sport.

03

Apparel & Lifestyle

A built-in retail channel running across the whole facility network.

04

Leagues & Tournaments

Fills courts, drives equipment sales, opens sponsorship and media.

05

Pro Teams & Media

Owned competition at the top tier: the personality and fan-equity layer.

06

Real Estate & Development

The hard-asset base under every court, with lease-backs creating dual income.

Why now

Institutional capital is arriving. Pickleball is still fragmented.

The money that shows up late in a sport pays for the platform someone else built early. Right now pickleball is still fragmented enough to consolidate: hundreds of independent facilities, paddle brands, and event operators, none of them talking to each other. The operator who builds the platform before institutions arrive is the one who sets the terms when they do.

Before you book

Common questions.

What actually happens on this call?

A short, no-pressure conversation. We walk through why we think pickleball is a once-in-a-generation ownership window, what the platform looks like, and what you’d want to see next. If it’s not a fit, we’ll say so and you’ll have lost fifteen minutes.

Do I need to be an accredited investor?

Yes. This is a Rule 506(c) offering, which means participation is limited to verified accredited investors. We’ll cover what verification involves on the call.

Do I need to know anything about pickleball?

Not a thing. Plenty of people on these calls have never picked up a paddle. They’ve just noticed that every court near them is full and wondered who owns them. That’s the right instinct.

Will you send me numbers before we talk?

Detailed materials go out after the call, once we’ve confirmed accreditation. Any offer is made solely through the Fund’s Private Placement Memorandum, and this page is preliminary and non-binding.

Is this a fund, or am I buying a court?

Neither one on its own. The thesis is owning a stake across every layer of the sport: facilities, equipment, apparel, events, media, and the real estate underneath it. The margin that currently leaks between them stays inside one structure. We’ll walk you through it.

What if I’m not ready to commit to anything?

Most people on these calls aren’t. Book it anyway. The worst case is you learn how a sport becomes an asset class.

The pickleball consolidation play

The sport is being consolidated. Hear how.

Fifteen minutes on how we intend to build the platform, and how accredited investors participate.

Participation and market statistics are drawn from third-party sources including the Sports & Fitness Industry Association Topline Participation Reports and DUPR / Global Pickleball Report, and are presented as illustrative ranges. Forward-looking statements reflect current expectations and are subject to risks and uncertainties; actual results may differ materially. Third-party outcomes referenced are shown for context only. Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal.