Spikeball is a fast-growing lawn and beach sport that involves two teams of two players each. The main objective is to spike a ball onto a round net so that the opposing team cannot return it. With gameplay reminiscent of volleyball, players are allowed three touches to return the ball. Spikeball is both a competitive and recreational game that has found popularity across the globe.
Founded in 2008 by Chris Ruder, Spikeball Inc. is headquartered in Chicago, Illinois. What started as a fun backyard game has now become a mainstream sport with tournaments held internationally. As of 2025, Spikeball’s estimated net worth is $45.2 million, and it continues to gain traction through various social media channels and partnerships.
Spikeball on Shark Tank
Chris Ruder appeared on Season 6, Episode 29 of Shark Tank, seeking $500,000 in exchange for 10% equity in Spikeball. He pitched the game as America’s next big sport—easy to learn, difficult to master, and playable anywhere.
The sharks were impressed by the concept. While Lori Greiner showed interest but decided not to invest, Kevin O’Leary and Daymond John made offers. After some negotiation, Chris accepted Daymond John’s offer of $500,000 for 20% equity. However, the deal was never finalized post-show.
Spikeball’s Success After Shark Tank
Despite the deal falling through, appearing on Shark Tank proved to be a pivotal moment for the brand. Spikeball gained massive exposure and saw an immediate boost in sales. The company expanded its presence in retail outlets across the United States and built a loyal community through events and social media.
As of 2025, Spikeball generates more than $7.5 million in annual revenue. The brand now has over 40 full-time employees and continues to grow globally with tournaments, an official app, and a presence in schools through certified physical education programs.
Spikeball Founder: Chris Ruder
Chris Ruder, a Chicago entrepreneur, had a vision of reviving and rebranding an old 1980s toy into a national sport. His passion and strategy helped build Spikeball into a million-dollar enterprise. He remains the CEO and continues to steer the company toward innovation, including digital resources for organizing tournaments and educational initiatives.
Spikeball Product Details
The standard Spikeball set includes:
- A round net base
- A ball
- Foldable legs for easy portability
Each unit costs about $14.00 to manufacture and retails for $59.99. The price point has allowed the company to maintain strong profit margins while investing in brand development and international growth.
Tournaments and Sponsorships
Spikeball sponsors official tournaments through the USA Spikeball organization. These events take place in all 50 states, as well as Mexico and Canada. There are around 100 events annually, and participation continues to increase each year.
ESPN2 began airing Spikeball Roundnet Association competitions in May 2018, which has helped legitimize the sport on a professional level.
Social Media and Marketing
Spikeball actively promotes its products and tournaments on Instagram, Facebook, Twitter, and YouTube. Their social engagement strategy has helped foster a strong sense of community and customer loyalty. The brand has successfully used content marketing to showcase user-generated content, tutorials, and exciting match highlights.
Spikeball’s Unique Appeal
What makes Spikeball stand out is its versatility. It can be played on grass, sand, or even indoors. It’s perfect for backyard barbecues, beach days, and professional tournaments. Its accessibility and low equipment requirements make it attractive to a wide demographic.
Spikeball Shark Tank Pitch Summary
- Founder: Chris Ruder
- Company Founded: 2008
- Headquarters: Chicago, Illinois
- Shark Tank Ask: $500,000 for 10% equity
- Final Offer on Show: $500,000 for 20% equity (not finalized)
- Shark: Daymond John
Spikeball Net Worth in 2025
As of 2025, Spikeball’s net worth is $45.2 million. The company has seen consistent growth in both revenue and brand equity since its Shark Tank debut.
Net Worth Growth Table
| Year | Net Worth |
|---|---|
| 2019 | $29.5 million |
| 2020 | $31 million |
| 2021 | $34 million |
| 2022 | $39 million |
| 2023 | $45.2 million |
| 2025 | $45.2 million |
Annual Income
Spikeball earns an estimated $7.5 million annually through tournament registrations, online and retail sales, and educational partnerships.
Spikeball’s Global Expansion
Spikeball products are now available in numerous countries through a network of international distributors. The game is played competitively in places like Belgium, Colombia, and Canada. The Spikeball Roundnet Association continues to grow its presence globally.
Future Plans and Innovations
Chris Ruder and the Spikeball team are continuously looking for ways to innovate. Future goals include expanding international tournaments, reducing manufacturing costs, and enhancing their mobile app features for better community engagement.
FAQs
Who is the founder of Spikeball?
Chris Ruder is the founder and CEO of Spikeball.
What is Spikeball’s net worth in 2025?
Spikeball is currently valued at $45.2 million.
Did Spikeball finalize the deal on Shark Tank?
No, the deal with Daymond John was agreed upon on the show but was never finalized.
Where is Spikeball headquartered?
The company is headquartered in Chicago, Illinois.
How much revenue does Spikeball generate annually?
As of 2025, the company generates more than $7.5 million per year.
Is Spikeball available outside the US?
Yes, Spikeball is played and sold internationally in countries like Canada, Belgium, and Colombia.
What equipment is needed to play Spikeball?
You need a roundnet, ball, and stands. The kit is portable and easy to set up.
How much does a Spikeball set cost?
A standard Spikeball set costs $59.99 on platforms like Amazon.
