Pickleball & the Growth of Sports Enterprises & Investment w/ Evan Floersch of the Texas Ranchers Pickleball Team - AZ TRT S06 EP21 (283) 11-23-2025 What We Learned This Week: 1. Pickleball is now fully professionalized with a unified league structure. The merger of PPA + MLP created a stable, closed league system with real team economics, structured seasons, and national distribution. 2. Media partnerships are accelerating the sport's visibility. Pickleball now has a dedicated channel, plus national TV exposure on CBS and Fox—putting it in the same conversation as traditional sports. 3. Austin is becoming a major sports & tech hub fueling this growth. With Meta, Apple, Oracle, UT Austin, F1, MLS, and huge tourism, Austin is the perfect environment for emerging sports franchises. 4. Sports franchises are now a serious investment class—not a vanity asset. Private equity has poured $30B into sports recently. Firms like Permian aim to operate teams professionally, build value, and own multiple franchises across leagues. 5. The big opportunity is not just the sport—it's the stadium & real estate ecosystem. Sports districts (like The Battery or Wrigleyville) generate tens of millions by combining sports, entertainment, dining, hotels, concerts, and tourism. Pickleball could follow this playbook. Guest: Evan Floersch– co owner Texas Ranchers Evan Floersch is on a mission to redefine sports, starting with the 2 billion dollar professional pickleball industry as an entrepreneur, investor, and champion of change leading with a dynamic and forward-thinking passion. As the founder and CEO of the premier Texas Ranchers Major League Pickleball Team, he is transforming the industry while positioning Austin as a major sports hub integrating his passion for the city's thriving cultural arts and future tech scene. In 2022, at just 26 years old, he made history as the youngest principal owner in sports by acquiring a controlling interest in the Texas Ranchers Major League Pickleball Team. Partnering with high-profile investors such as Lil Wayne, Scottie Scheffler, Kendra Scott, and NBA owner Dennis Wong, Evan is on a mission to turn the Ranchers into a global sports powerhouse. His long-term vision extends beyond pickleball—he has publicly committed the next phase of his career to elevating Austin, Texas, into one of the world's premier sports and entertainment markets. With its booming population, tech-driven economy, and untapped potential for championship-winning franchises, Evan sees Austin as the perfect city to build a lasting sports legacy. A former All-American soccer player at Emory University, Evan's passion for competition and strategy extends to the pickleball court, where he plays regularly to better understand the game's evolution. While he grew up surrounded by Chicago sports, his true inspiration comes from those who have built or guided industry-defining companies, with books like Shoe Dog, The Innovator's Dilemma, The War of Art, and Relentless shaping his perspective on leadership, risk-taking, and disruption. Evan is an avid pickleball player and enjoys the fun and competitive aspect of America's fastest growing sport. "Like great companies, a great sports organization isn't built by following the rules. It's built by questioning them, pushing past them, and creating something entirely new. The Texas Ranchers, and future sports franchises we helm in Texas, will win because we see beyond what sports are on the court or field." - Evan Floersch, Founder and CEO Texas Ranchers | Official Home of the Major League Pickleball Team Texas Ranchers: A New Era of Sports Ownership & Global Fan Engagement Who is the most valued high grossing sports franchise? I bet you didn't guess professional pickleball did you? With pickleball exploding into a $2 billion industry and viewership surpassing major professional leagues, the Texas Ranchers are at the forefront of this revolution. By leveraging their brand authority and expansive network, they are attracting exceptional opportunities, captivating fans worldwide, and redefining what it means to be part of a professional sports franchise. The Texas Ranchers Major League Pickleball Team is proving that ownership isn't just for high wealth individual ownership—it's a collective force driven by business leaders, entertainment icons, and sports enthusiasts. By bringing together a powerhouse network of investors—including Lil Wayne, Scottie Scheffler, Kendra Scott, and NBA owner Dennis Wong—the Ranchers are revolutionizing franchise ownership, making it more dynamic, engaging, and accessible. The Texas Ranchers aren't just the most followed franchise in Major League Pickleball—they're the highest-grossing and one of the most marketable brands in the sport. With top-tier talent, including men's and women's pro players like Christian Alshon ...
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