The K3 Shooting Band helps players perfect their jump shot in basketball. Invented in 2009 by former professional basketball player Nicky Young, this product aids players by adding force to the middle finger during shooting.
To achieve a perfect shot, players must focus on their middle two fingers, which can be quite challenging. The band is designed solely for exercising these fingers and cannot be worn while playing actual basketball games.
Currently available for both adults and children, the K3 Shooting Band retails for $19.99 at Walmart.
| Company Name | K3 Shooting Band | |
| Founder/Co-Founder | Nicky Young | |
| Founded | 2009 | |
| Product | Resistance Band for Shooting Fingers | |
| Asked For | $100K for 20% equity | |
| Final Deal | $100k for 40% equity | |
| Shark |  Michael Rubin |  Lori Greiner |
| Episode (Shark Tank USA) | S15 E21 | |
| Air Date | April 19, 2024 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Queens, New York, USA | |
| Lifetime Worth (Sales) | $350K *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Nicky Young is the founder and CEO of K3 Shooting Band and a former professional basketball player. Her father, a former player for the New York Knicks in the NBA, taught her the game of basketball.
Nicky considers her father her role model. Inspired by him, she began playing basketball in school and college. She became an entrepreneur by inventing a resistance band designed to help players perfect their shooting fingers.
How Was The Shark Tank Pitch Of K3 Shooting Band?
Nicky asked the sharks for $100,000 in exchange for 20% equity, which values her company at $1 million. She revealed that she had applied to Shark Tank for 15 seasons and holds a utility patent for her product.
The landed cost of the product, including packaging, is $0.91, while the retail price is $99. Her products are currently available in eight Dick’s Sporting Goods stores and on Walmart Marketplace. However, surprisingly, she has not been receiving reorder requests.
Last year’s sales totaled $43,000 (2022), and so far this year, sales have reached $10,000 (2023).
Kevin O’Leary and Mark Cuban stated that the product is not investable for them at this time. Barbara Corcoran mentioned that she lacks expertise in this area, so she opted out.
Michael Rubin offered $100,000 for a 50% stake in the company, which included bringing in a team of basketball players, coaches, and trainers.
Lori Greiner expressed interest in joining Michael’s deal. They offered $100,000 for 50% equity, split as 25% each. Nicky countered with a request for 40% equity, and they ultimately reached an agreement.
Sharks Offers list!
| Sharks | Offers |
|---|---|
| Michael Rubin | $100k for 50% equity (#1) $50k for 25% equity (#2) (Lori) |
 Kevin O’Leary | No Offer |
 Mark Cuban | No Offer |
 Barbara Corcoran | No Offer |
| Lori Greiner | $50k for 25% equity (#1) (Michael) |
| Founder’s (Countered) | 40% equity (Michael & Lori) |
| Final Deals | $100k for 40% equity |
K3 Shooting Band Shark Tank Update
We monitor the progress of all businesses and entrepreneurs that appear on Shark Tank, regardless of whether they have received funding. If a new episode has been released recently, it may take weeks or months for updates to become available.
What Is K3 Shooting Band’s Net Worth?
The company’s lifetime sales report is not yet accessible, so we are estimating lifetime sales at $350,000. Recently, a deal was signed for $100,000 in exchange for a 50% stake, resulting in an equity value of $200,000. By combining the estimated lifetime sales and equity value, K3 Shooting Band’s net worth is estimated at $550,000.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
| Years | Annual Revenue |
| 2024 | *estimated |
| 2023 | $70K *estimated |
| 2022 | $43K |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| 2023 | $100K | Michael Rubin Lori Greiner |
You can view the annual revenue and funding reports for this business in the list above. If any updates arise, you will be notified immediately; to receive these updates, please subscribe to our newsletter.
