Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

World's No. 1 pickleball player says he makes $2.5 million a year—up tenfold from 2021: 'We haven't reached the top'

During Ben Johns' first year as a professional pickleball player, he could barely support himself financially.

Now, he's making $2.5 million in pickleball salary alone this year, he tells CNBC Make It — plus more in endorsement deals and sponsorship contracts.

Johns, 25, is currently the Professional Pickleball Association Tour's No. 1 ranked player in men's doubles and the top-ranked male player in mixed doubles. He's held those rankings for most of the last three years, winning more than 120 PPA titles and 21 triple crowns — first place in singles, doubles and mixed at the same event — more than any other male player in pickleball history.

Over those three years, his payouts have grown significantly as America's fastest-growing sportattracted sizable private equity investments, wealthy team owners, bigger sponsors and media deals that infused capital into the game. In 2021, Johns made $250,000, he told CNBC at the time — which would mean his salary has increased tenfold since then.

In 2018, he only earned about $50,000 from pickleball, he adds. Those earnings came almost exclusively from prize winnings at national tournaments, rather than an annual salary.

"We haven't reached the top," Johns says, adding: "I think there's still an upward trend."

In February, two of the world's largest professional pickleball leagues — the PPA Tour and Major League Pickleball — merged into one organization under a holding company called the Unified Pickleball Association.

The merger was backed by a $75 million investment from private equity firm SC Holdings and a series of pickleball team owners, according to the deal's announcement. Annual player payouts would increase by nearly 250% this year, compared to 2023, it noted.

In April, the UPA

Read more on cnbc.com
DMCA