Pickleball Inc., the new parent company of the Carvana PPA Tour and Major League Pickleball, has raised $225 million in a structured investment led by Apollo Sports Capital, an investment platform of Apollo Global Management (NYSE: APO), and Dundon Capital Partners. On the professional side, the two leagues together recorded $60 million in revenue last year, including $30 million from sponsorships alone, and have set a combined target of $74 million for the current year, per Yahoo Sports. According to the S ...