Grind Basketball Net Worth 2025: Shark Tank Pitch, Success, and Beyond
GRIND Basketball has redefined basketball training with its innovative portable shooting machine. From its humble beginnings to an unforgettable pitch on Shark Tank, GRIND has become a name synonymous with affordability and high-performance basketball gear. Let’s explore their journey, financial milestones, and current standing.
What is GRIND Basketball All About?
GRIND Basketball’s flagship product is a portable basketball shooting machine that folds into a duffle bag, making it the first of its kind. It allows players to practice shooting drills efficiently, rebound automatically, and improve their game anywhere.
Founded by Thomas Fields, GRIND was born from the founder’s own experience as an injured high school athlete who wanted an accessible training solution for players. His vision combined innovation with affordability, making elite-level training tools available to everyone.
GRIND Basketball’s Shark Tank Pitch
GRIND’s big moment came in Season 12, Episode 24 of Shark Tank, where Thomas Fields pitched his product to the sharks. Here’s a quick overview of the pitch:
| Aspect | Details |
|---|---|
| Founder | Thomas Fields |
| Product | Portable Basketball Shooting Machine |
| Shark Tank Appearance | Season 12, Episode 24 |
| Ask | $250,000 for 5% equity |
| Valuation | $5 million |
| Offer Received | Mark Cuban offered $250,000 for 25% equity. |
| Outcome | A deal was made with Mark Cuban. |
| Additional Funding | $1.6 million through Techstars Sports Accelerator |
The Shark Tank pitch propelled GRIND into the spotlight, giving the company access to funding, mentorship, and a much larger audience.
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GRIND Basketball Net Worth and Revenue
Since its Shark Tank appearance, GRIND Basketball has seen steady growth in terms of revenue and net worth.
- Net Worth: Estimated at $2 million as of the latest reports.
- Revenue: Surpassed $1 million in pre-orders within months of the Shark Tank episode airing.
- Investments: Secured $1.6 million in additional funding through programs like the Techstars Sports Accelerator.
How is GRIND Basketball Doing Post-Shark Tank?
GRIND’s Shark Tank journey wasn’t just about securing funding—it was about scaling the business and meeting the demand generated by their national exposure.
- Market Reach: GRIND expanded its presence in the U.S. and internationally, targeting schools, individual athletes, and professional training facilities.
- Product Improvements: Feedback from customers helped the team refine the machine’s functionality and durability.
- Media Features: GRIND has been featured in various publications, solidifying its position as a disruptive player in sports tech.
Final Thoughts
GRIND Basketball started as a simple idea and grew into a thriving business. Its success comes from an innovative product, a driven founder, and a memorable Shark Tank pitch. The portable shooting machine makes advanced basketball training easy and accessible for everyone. It’s proof that hard work and a great idea can change the game.
Love basketball or know someone who does? Check out GRIND’s shooting machine. It’s worth a look! Share your thoughts about their journey in the comments.
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