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Big Law

Major League Pickleball, PPA Tour Complete Their Long-Awaited Merger Agreement

Major League Pickleball and the Professional Pickleball Association have completed their long-awaited merger agreement and infused new capital into the sport, the leagues announced Thursday.

The deal will unite the two largest pickleball organizations into a holding company, but the PPA Tour and MLP will retain their own distinct brands and formats. It wasn’t immediately clear what the new company will be named.

The agreement comes after months of drama, hostility and negotiations between the competing pickleball leagues as they now join forces to determine the future of professional pickleball.

Read the source article at CNBC

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