Major League Pickleball’s Los Angeles Mad Drops Sell Majority Stake at a $13 Million Franchise Valuation to Mad Drippin SPV, LLC, Headed by Alex Geesbreght

Event Dime

Major League Pickleball’s Los Angeles Mad Drops Sell Majority Stake at a $13 Million Franchise Valuation to Mad Drippin SPV, LLC, Headed by Alex Geesbreght

Events
When:
August 21, 2025 · 5:49 PM
Where:
Major League Pickleball Events 2025
Source:
Major League Pickleball Events 2025

Major League Pickleball’s (MLP presented by DoorDash) Los Angeles Mad Drops (LAMD) have sold a controlling stake at a franchise valuation of $13 million to Mad Drippin SPV, LLC, headed by Alex Geesbreght, owner and operator of PRAX Leadership.

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  • City coverage

    Raleigh, NC

  • Primary source

    Major League Pickleball Events 2025

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    Events