The youth sports market is booming!
It’s attracting significant investor interest, and more talented founders are entering the space daily.
We go deep in today’s Profluence briefing 👇
With insights from:
CEO of IMG Academy
Founder of Balltime (acquired by Hudl)
Here’s what Dan had to say about Profluence Sports: (click to watch)
Youth Sports Attracting Private Equity
Youth sports have silently grown over the last 20 years (and are only getting bigger):
Worth $37.5B in 2022, it is estimated to hit $69.4B by 2030.
More than 60 million kids participate annually in the United States.
The average U.S. parent spends over $1,400 per kid on amateur athletics.
Over $1B worth of construction on new and renovated youth sports facilities in the US will be finished this year.
Youth sports tourism generated a reported $39.7B in direct spending in 2021, with a total economic impact of $91.8B.
The space operates in waves, and we seem to be in a big one with professional interest really heating up.
Here are the key players:
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