Senior Pickleball Report
ACE PICKLEBALL CLUB TO DEBUT THEIR HIGHLY ANTICIPATED INDOOR PICKLEBALL FRANCHISES IN THE US, IN EARLY 2023
NEW YORK /PRNewswire/ — Ace Pickleball Club, is set to debut their highly anticipated franchise offering of innovative indoor pickleball facilities, featuring between eight to sixteen regulation size courts in a climate controlled environment to provide the optimal player experience including vibrant music, on court technology for live streaming and instant replay, and social and event space, in early 2023.
Pickleball has experienced unprecedented growth in the last few years, most recently reported as 36.5 million people having played the sport in 2022, and all signs point to the industry only heating up in the coming years. Founder and CEO Jay Diederich and Co-Founder and President Joe Sexton of Ace Pickleball Club, leaders in the franchise industry, saw a void in the space and growing demand for high quality indoor facilities that provide year-round access to players of all ages and skill levels across the country. There are approximately 10,000 facilities nationwide currently registered with the USA Pickleball Association, of which, 99% are outdoors and cannot be utilized during the winter season, inclement weather or heat. Further issues have quickly formed with local city halls and planning departments across the country, which have started to limit hours of operations or completely shut down outdoor courts located near housing due to noise complaints.
Jay Diederich, Founder and CEO, began his career in franchise operations in 2007 at GNC, and in 2012 joined Sky Zone to support both corporate and franchise development where he successfully secured 185 big box retail and flex locations – helping make Sky Zone the second fastest growing franchise in the US and one of the largest big box indoor entertainment franchises in the world.
Joe Sexton, Co-Founder and President, also began his career in franchising in 2007 in franchise support and operations, later moving to Mathnasium Learning Centers where he was Executive Director of Franchise Development. In 2015, Joe joined Sky Zone where he led domestic franchise development and since 2019, has helped launch several new franchise programs for up and coming brands, including PetWellClinic, where he led the sales of 130 franchises in less than 24 months from launch.
Together Jay Diederich and Joe Sexton have created Ace Pickleball Club, and will begin offering franchises for development across the US in February of 2023, with Roswell, GA being the first to open.
Investments are pouring into “Eatertainment” concepts featuring pickleball as a way to drive more foot traffic to the primary focus of food and beverage sales, but there is not yet a national brand that is focused on pickleball itself. Ace Pickleball Club’s approach eliminates the bar and restaurant and targets existing big box stores rather than ground-up construction, significantly reducing the investment and increasing the speed of growth. APC is introducing a family-friendly environment, more closely resembling a gym than a restaurant, for members of all ages to learn, play, and compete year-round. Members will have access to unlimited open play in addition to leagues, tournaments, clinics, glow-in-the-dark pickleball and social events.
Beyond the co-founders, the APC executive team combines 70+ years of experience across all departments and has a successful track record of developing big box recreational franchise concepts. Investors include Andy Stenzler (Founder of Rumble Boxing and Lab Capital Advisors), Doug Birer (Multi-unit Developer of Orangetheory, Kidstrong, and PetWellClinic), Eric Simon (VP at the Joint Chiropractic), Nena Mass (SVP at CBRE), Tabish Jesrai and Mohammad “Musto” Omar (Multi-unit Developers of Crumbl Cookies), Workweek Capital (The Wolf of Franchises), and Wendy Selevitch (Founder of Soultenders, Inc) to name a few. They’ve played influential roles in the growth of both startup and blue-chip brands on a global scale and helped earn countless accolades over the last decade. They’ve spent years cultivating strong relationships with the commercial real estate, construction and franchise development world, which will be leveraged to fuel the growth of Ace Pickleball Club.
For more on Ace Pickleball Club, please visit: acepickleballclub.com. Follow along on Instagram at @acepickleballclub.
SOURCE ACE Pickelball Club
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Senior Pickleball Report
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The Senior Pickleball Report emphasizes the importance of preparation for consistent performance in pickleball. It offers resources and updates for the senior pickleball community.
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To gain consistency we must look at what we do and how we prepare prior to a point being played.
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The latest chapter of the Senior Pickleball Report presented to you by Mike Sleeves Sliwa… Get the latest updates and information on the rapidly growing sport of pickleball, specifically designed for the senior community aged 50+. Check out Sleeve’s Senior Pickleball Report on YouTube to stay informed and up-to-date with the ever-changing world of pickleball.… Read more: Fifty Dollar D.I.Y. Pickleball Court? - Unmasking the Deception: The $300 Million Fraud Case Surrounding Arizona Athletic Grounds
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Get the latest updates and information on the rapidly growing sport of pickleball, specifically designed for the senior community aged 50+. Check out Sleeve’s Senior Pickleball Report on YouTube to stay informed and up-to-date with the ever-changing world of pickleball. Join the community and stay ahead of the game.
Dreambreaker: A Pickleball Story Premieres April 11 on truTV
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Subscribe to get the latest posts sent to your email.
The latest chapter of the Senior Pickleball Report presented to you by Mike Sleeves Sliwa…
- Sleeves Tells Us The Best Way to Begin a Pickleball Point!The Senior Pickleball Report emphasizes the importance of preparation for consistent performance in pickleball. It offers resources and updates for the senior pickleball community.
- Fifty Dollar D.I.Y. Pickleball Court?The latest chapter of the Senior Pickleball Report presented to you by Mike Sleeves Sliwa… Get the latest updates and information on the rapidly growing sport of pickleball, specifically designed for the senior community aged 50+. Check out Sleeve’s Senior Pickleball Report on YouTube to stay informed and up-to-date with the ever-changing world of pickleball.… Read more: Fifty Dollar D.I.Y. Pickleball Court?
- Unmasking the Deception: The $300 Million Fraud Case Surrounding Arizona Athletic GroundsRandy and Chad Miller face serious fraud charges after allegedly defrauding investors out of $300 million in their failed sports complex, revealing a cautionary tale for investors.
- “Sleeves Senior Pickleball Report: Hive 16mm Paddle Review”Get the lowdown on the latest episode of Sleeves Senior Pickleball Report, featuring an in-depth review of the Hive 16mm paddle from Reign and Win.
- Dreambreaker: A Pickleball Story Premieres April 11 on truTVExcitement is building for pickleball fans and sports enthusiasts alike as the highly anticipated documentary Dreambreaker: A Pickleball Story is set to premiere on April 11, 2025, on truTV. This film captures the thrilling evolution of pickleball from a casual pastime to a burgeoning professional sport, offering an inside look at a fierce power struggle… Read more: Dreambreaker: A Pickleball Story Premieres April 11 on truTV
Get the latest updates and information on the rapidly growing sport of pickleball, specifically designed for the senior community aged 50+. Check out Sleeve’s Senior Pickleball Report on YouTube to stay informed and up-to-date with the ever-changing world of pickleball. Join the community and stay ahead of the game.
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Unmasking the Deception: The $300 Million Fraud Case Surrounding Arizona Athletic Grounds
Randy and Chad Miller face serious fraud charges after allegedly defrauding investors out of $300 million in their failed sports complex, revealing a cautionary tale for investors.
In a tale that intertwines ambition with deceit, the shocking story of Randy and Chad Miller, the father-son duo behind what was once touted as the largest sports and entertainment complex in the United States, has taken a dark turn. Opening the sprawling Bell Bank Park—which boasts an impressive 194 fields and courts—in East Mesa just three years ago, the Millers had big dreams. But now, they find themselves embroiled in a federal indictment that claims they defrauded investors out of nearly $300 million.
A Grand Vision Becomes a Nightmare
The original vision for the sports complex, which has since been rebranded as Arizona Athletic Grounds, was ambitious. Randy Miller, the mastermind behind the project, had long dreamed of creating a hub for sports and entertainment that would attract families, athletes, and fans from across the nation. After years of planning and investment, the facility finally opened its doors, seemingly fulfilling a lifelong dream.
However, dreams of grandeur have turned into a nightmare, as the Millers face serious allegations of using the facility as a front for an elaborate fraud scheme. With the company declaring bankruptcy in 2023—reporting debts of a staggering $366 million—investors and stakeholders are left reeling.
The Allegations: A Web of Fraud and Deceit
According to the federal indictment, Randy and Chad Miller allegedly enriched themselves at the expense of investors, using funds raised from municipal bonds for personal luxuries rather than for the intended purpose of constructing and operating the sports complex. The FBI claims they employed fraudulent documents and misrepresented the financial viability of the project to lure in unsuspecting investors.
From lavish purchases of luxury vehicles to alleged misappropriation of funds for personal expenses, their actions paint a picture of greed and entitlement. Not only did the Millers reportedly pay themselves significantly beyond disclosed salaries, but they also misled investors with false financial projections and forged documentation purporting to show interest from customers.
A Cautionary Tale for Investors
This case serves as a cautionary tale about the complexities of investing in large-scale projects. The Millers poured their aspirations into the Arizona Athletic Grounds but masked disappointing financial realities with misleading projections and falsified documents. The initial feasibility study performed in 2016 indicated the project would generate significantly lower revenues than anticipated—a warning sign that went ignored in pursuit of ambition.
In a staggering twist, the project opened to a far cry from its projected success, generating less than $28 million in its first year compared to the nearly $96 million touted to investors. With bankruptcy filings showing that investors recouped a paltry sum of less than $2.5 million from their $284 million investment, many are left to ponder how their trust could be so easily manipulated.
Legal Ramifications and Future Implications
As the case unfolds, Randy and Chad Miller are facing severe legal consequences, including charges for wire fraud, securities fraud, and aggravated identity theft. If convicted, they could spend decades in prison, a sobering reality for the once-celebrated entrepreneurs. The U.S. Securities and Exchange Commission is also pursuing parallel action, further complicating matters for the Millers.
This incident not only reflects the pitfalls that entrepreneurs can face but also highlights the responsibilities of investors to conduct thorough due diligence before committing funds to any venture. The tale of the Millers serves as a stark reminder of the importance of integrity, transparency, and community trust in business practices.
Conclusion
As this saga continues to unfold, the story of the Arizona Athletic Grounds serves as a reflection on ambition gone awry. It’s a stark reminder that behind every grand vision lies the essential need for honesty and ethical conduct. The community of East Mesa, once hopeful for a thriving sports destination, now faces the challenge of moving forward, learning from the past, and rebuilding trust in local business ventures. We can only hope that the lessons from this cautionary tale resonate not just within the realm of sports and entertainment but across all industries that forge the backbone of our economy.
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Get the latest updates and information on the rapidly growing sport of pickleball, which is specifically designed for the senior community aged 50+. Check out Sleeve’s Senior Pickleball Report on YouTube to stay informed and up-to-date with the ever-changing world of pickleball. Join the community and stay ahead of the game.
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