TBH Episode 40: The Volley Venture: The Business of Private Equity in Volleyball

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In this Triple Block Heads episode, Makani, Frank, and Marc discuss how youth sports—and especially club volleyball—have shifted from many small “mom-and-pop” organizations to consolidation by large ownership groups and private equity. They define private equity broadly as investors adding liquidity to rapidly expand clubs and facilities, often seeking returns by building real-estate assets and monetizing the entire “volleyball experience” through tournaments, software, merchandise, and other micro-transactions. They cite youth sports as a $40B market and note key buyers like LOVB and 3Step Sports, including distinctions between nonprofit vs LLC club structures and implications for selling. The group weighs potential benefits (resources, facilities, coach education, recruiting support) against concerns (loss of autonomy, schedule control, monopolization, impacts on USAV/JVA/AAU, tournament consolidation, “stay and play” costs), and predicts more change over the next decade with possible legislative scrutiny.

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