Blitzer, Morey Among New Major League Table Tennis Investors
$5.5 million round includes more than 20 people overall
Posted On: October 9, 2024 By :Major League Table Tennis has announced $5.5 million in investment from people including David Blitzer, who has ownership stake in teams in five North American sports leagues, and Philadelphia 76ers executive Daryl Morey.
“Table tennis is one of the most exciting sports to watch, as anyone who’s seen it in the Olympics knows,” said Morey. “I’m thrilled to see a professional table tennis league now established in the USA. MLTT’s innovative approach is sure to elevate the sport to new heights and I’m excited to be part of this journey.”
More than 20 other business leaders participated in this investment round. MLTT is in the midst of its second season, having completed its third event of the year last week in Chicago ahead of its next competition in Miami from November 1-3. Twelve athletes competed in the Olympic Summer Games in Paris, including the entire U.S. Women’s team.
“This isn’t just funding; it’s a partnership with visionaries who share our passion,” Major League Table Tennis Commissioner Flint Lane said. “It empowers us to realize our ambitious goals: revolutionizing table tennis in America.”
Posted in: Latest News, Sports Organizations