{"id":17014,"date":"2025-10-01T17:43:48","date_gmt":"2025-10-01T23:43:48","guid":{"rendered":"https:\/\/footwearmagazine.com\/?p=17014"},"modified":"2025-10-28T11:31:53","modified_gmt":"2025-10-28T17:31:53","slug":"palm-beach-royals-16m-pickleball-acquisition","status":"publish","type":"post","link":"https:\/\/footwearmagazine.com\/?p=17014","title":{"rendered":"Palm Beach Royals 2025 set record with $16M Major League Pickleball acquisition"},"content":{"rendered":"<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Professional <a href=\"https:\/\/pickleball.com\/\">pickleball<\/a> reaches new heights as <a href=\"https:\/\/www.hyperspaceventures.com\/\">Hyperspace Ventures<\/a> brings Palm Beach its first-ever major pro sports team with a star-studded investor roster and deep local commitments.<\/p>\n<h3 class=\"mb-2 mt-4 font-display font-semimedium text-base first:mt-0\"><strong>New Era for Palm Beach Sports and Pickleball<\/strong><\/h3>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">The <a href=\"https:\/\/www.instagram.com\/pbroyals\/\">Palm Beach Royals<\/a> have made history as the city\u2019s first major professional sports franchise, following their recent acquisition by Hyperspace Ventures for a record $16 million. This group, driven by UNC-Chapel Hill alumni and tech entrepreneurs <a href=\"https:\/\/www.linkedin.com\/in\/zach-hunter-581b6637\/\">Zach Hunter<\/a>, Taylor Meyer, and Alex Rafiee, and joined by fellow alumnus Peter Fox\u2014is setting out to shape professional pickleball\u2019s future at the highest level.<\/p>\n<h3 class=\"mb-2 mt-4 font-display font-semimedium text-base first:mt-0\"><strong>Star Power and Ownership Diversity<\/strong><\/h3>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\"><a href=\"https:\/\/www.hyperspaceventures.com\/\">Hyperspace Ventures<\/a> has assembled an ownership group featuring big names across sports and business. Notable partners include Florida Panthers captain Aleksander Barkov, US Open champion Bianca Andreescu, former UNC basketball stars Tyler Hansbrough and Marvin Williams, Indianapolis Colts Pro Bowler <a href=\"https:\/\/www.linkedin.com\/in\/kenny-moore-ii-7910a5103\/\">Kenny Moore II<\/a>, and respected founders like Mitch Heath (Teamworks), Jeff Keswin (Lyrical Partners), Lance Pillersdorf (Advertising Week), and Scott Scherr (Ultimate Software).<\/p>\n<h3 class=\"mb-2 mt-4 font-display font-semimedium text-base first:mt-0\"><strong>Building Royalty in Major League Pickleball<\/strong><\/h3>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">As the 23rd MLP team, the Royals join a league riding a wave of record attendance, broadcast reach, and sponsorships in 2025. Hyperspace Ventures brings industry-leading expertise in sports and technology, having previously invested more than $21 million in the sport\u2014including $5.3 million in Pickleball Inc.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\"><strong>Zach Hunter<\/strong>, <strong>Hyperspace Ventures co-founder<\/strong>,\u00a0said: \u201cPalm Beach is ready for its first major pro team. We&#8217;re building the Royals to compete at the highest level and to become a team that defines the next era of Major League Pickleball. Just like Palm Beach itself, the Royals will embody prestige, energy, and a world-class brand that makes this community special.\u201d<\/p>\n<h3 class=\"mb-2 mt-4 font-display font-semimedium text-base first:mt-0\"><strong>Community Impact and Local Roots<\/strong><\/h3>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">The Palm Beach Royals plan to host matches, youth clinics, and pickleball festivals across Palm Beach County, supported by local business partnerships to make the sport a permanent part of the region\u2019s athletic and community landscape.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\"><strong>Taylor Meyer<\/strong>, <strong>Hyperspace Ventures co-founder<\/strong>,\u00a0said: \u201cWe&#8217;re honored to bring a professional pickleball team to this storied community, and proud to help usher in a new era of championship sport in Palm Beach. We want every Palm Beach area resident to feel like they&#8217;re part of the Royals family, whether they&#8217;re cheering courtside or picking up a paddle for the first time.\u201d<\/p>\n<h3 class=\"mb-2 mt-4 font-display font-semimedium text-base first:mt-0\"><strong>Why It Matters<\/strong><\/h3>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Pickleball is surging in popularity, with Florida now boasting three MLP franchises. The Royals\u2019 arrival affirms Palm Beach\u2019s place on the world sports map and brings high-profile athlete-investors together for the sport\u2019s next evolution. Fans, businesses, and youth athletes alike have much to anticipate as the team gears up for its inaugural 2026 season.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">For more information and upcoming events, visit the\u00a0Palm Beach Royals\u2019 official site.<\/p>\n","protected":false},"excerpt":{"rendered":"Professional pickleball reaches new heights as Hyperspace Ventures brings Palm Beach its first-ever major pro sports team with&hellip;","protected":false},"author":219894228,"featured_media":17015,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","pad_hide_post_author":"","csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1408,1540,1455],"tags":[4068,4067,4066],"class_list":{"0":"post-17014","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"category-news","9":"category-sports","10":"tag-hyperspace","11":"tag-major-league-pickleball","12":"tag-palm-beach-royals","13":"cs-entry","14":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Palm Beach Royals 2025 set record with $16M Major League Pickleball acquisition<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/footwearmagazine.com\/?p=17014\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Palm Beach Royals 2025 set record with $16M Major League Pickleball acquisition\" \/>\n<meta property=\"og:description\" content=\"Professional pickleball reaches new heights as Hyperspace Ventures brings Palm Beach its first-ever major pro sports team with&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/footwearmagazine.com\/?p=17014\" \/>\n<meta property=\"og:site_name\" content=\"Footwear Magazine\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/footwearmagazine\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-01T23:43:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-28T17:31:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/footwearmagazine.com\/wp-content\/uploads\/2025\/09\/Capture20-1170x544.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"544\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Alyssa J. 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