K3 Shooting Band Shark Tank Update (Season 15)

K3 Shooting Band helps players perfect their jumpshoot in basketball games. This product was invented in 2009 by former pro basketball player Nicky Young to help players shoot the basketball by adding force to the middle finger.

Hoopers have to work on their middle two fingers to make a perfect shot and this is not easy at all. This band is only for exercising the two middle fingers, it cannot be worn to play actual basketball games.

The Band, which is now available for adults and children, retails for $19.99 at Walmart.

Image via ABC Shark Tank
Company NameK3 Shooting Band
Founder/Co-FounderNicky Young
ProductResistance Band for Shooting Fingers
Asked For$100K for 20% equity
Final Deal$100k for 40% equity
SharkMichael Rubin Michael RubinLori Greiner Profile for Shark Tank Lori Greiner
Episode (Shark Tank USA)S15 E21
Air DateApril 19, 2024
Business StatusIn Business
WebsiteVisit Website
HeadquartersQueens, New York, USA
Lifetime Worth (Sales)$350K *estimated
Buy and WatchBuy NowAmazon Prime

Another Shark Tank Pitch

Nicky Young is the founder and CEO of this company and is also a former pro basketball player. Nicky’s father is a former basketball player who played for the New York Knicks jersey in the NBA and taught his daughter the game of basketball.

Nicky considered her father as her role model and to become like him, she started playing basketball in school and college. She became an entrepreneur by inventing a resistance band to help other players perfect their shooting fingers.

How Was The Shark Tank Pitch Of K3 Shooting Band?

Nicky asked the sharks for $100k for 20% equity and a $1 million valuation. She revealed that she had applied to Shark Tank for 15 seasons and that she has a utility patent.

The landed cost of the product including packaging comes to $0.91, retail cost is $99. Her products are available in 8 Dick’s Sporting Goods stores and on Walmart Marketplace. But the surprising thing is that the re-order is not being received.

Last year’s sales were $43,000 (2022) and so far this year it has been $10,000 (2023).

Kevin O’Leary and Mark Cuban said this product is not investable for them right now. Barbara Corcoran said that she does not have expertise in this space, so she is out.

Michael Rubin offered $100k for a 50% stake in the company. This offer included bringing a bunch of basketball players, coaches, and trainers on board.

Lori Greiner told Michael she wanted to come into this deal. They offered $100k for 50% equity and 25% equity each. Nicky countered 40% equity and they agreed.

Sharks Offers list!

Michael Rubin Michael Rubin$100k for 50% equity (#1)
$50k for 25% equity (#2) (Lori)
Kevin O'Leary Shark Tank Profile Kevin O’LearyNo Offer
Mark Cuban Shark Tank Profile Mark CubanNo Offer
Barbara Corcoran Barbara CorcoranNo Offer
Lori Greiner Profile for Shark Tank 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 appearing on Shark Tank, whether the business has received funding or not. If an episode has been released recently then it may take weeks and months for the new update to arrive.

What Is K3 Shooting Band’s Net Worth?

The company’s lifetime sales report is not yet available, so we are assuming lifetime sales of $350,000. Recently Deal Signed for $100k for a 50% stake and equity value is 200,000. After adding 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.

YearsAnnual Revenue
2024 *estimated
2023$70K *estimated

Funding Reports to Date!

YearsFunding AmountInvestor
2023$100KMichael Rubin
Lori Greiner

You can see the annual revenue and funding reports of this business in the list above. If any update comes, you will get it immediately, for this, you should subscribe to our newsletter.

Notify of
Inline Feedbacks
View all comments
Would love your thoughts, please comment.x