Chris Ruder had a vision. He wanted to bring a new game to the world. He created a game called Spikeball. This game is a mix of volleyball and foursquare. It is a fun game that can be played anywhere. Chris thought the game would become big. He believed it could be the next great American sport. Chris took the idea to Shark Tank in season 6. He asked the sharks for help. He wanted $500,000 for 10% of his company.
Chris was ready to take Spikeball to the next level. The sharks listened to his pitch. They asked many questions. Will the entrepreneur get a deal on Shark Tank? Check out Spikeball update to find out!
Spikeball Net Worth Shark Tank Update 2025
Chris Ruder went on Shark Tank asking for $500,000 for 10% of his company. This meant he thought his business was worth $5,000,000. He made a deal with Daymond John for $500,000 for 20%, lowering the valuation to $2,500,000. The episode was aired on May 15, 2014. The outdoor roundnet game became a viral hit and was acquired by Hasbro in 2022. Using the viral/heavy-traction method, the current net worth of Spikeball is estimated to be around $100–120 million in 2025.
Spikeball did very well after its appearance on Shark Tank. Before the show, it had already been doing well. The company was making over $1 million in sales. Spikeball was also featured in stores across the country. After the episode aired, the game’s popularity grew even more. Spikeball now brings in over $15 million every year. The sport has become popular.
New tournaments are being scheduled all the time. People across the country are playing Spikeball. Chris’s dream of making the game the next big sport is coming true. Spikeball is available on the official website. It can also be found on Amazon. Even though Chris did not close the deal with Daymond John it did not stop the company. The business continued to grow and thrive.
Spikeball did get a deal on Shark Tank. However, the deal was different from the one Chris originally asked for. Chris asked for $500,000 for 10% equity. Daymond John made an offer of $500,000 for 25% equity. Chris thought about it and made a counteroffer. He asked for 15%. Daymond then countered with 22%. Chris finally agreed to 20%. Daymond accepted the deal.
However, the deal was never finalized. After the show aired, Chris and Daymond could not reach an agreement. Despite this Spikeball continued to grow and succeed. The business did not need the deal to keep going.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Nick Woodman (Guest Shark) | out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | $500,000 as a loan with 9% interest, plus 10% equity in the company | N/A | N/A |
| Daymond John | $500,000 for 25% equity | #1 $500,000 for 15% equity #2 $500,000 for 22% equity#3 $500,000 for 20% equity | Yes to 3rd offer |
| Mark Cuban | Out | N/A | N/A |
Spikeball Shark Tank pitch
Chris Ruder is the founder of Spikeball. He came up with the idea for the game many years ago. He remembered the original version of Spikeball from when he was younger. The game was sold in toy stores but it was not very popular. Chris thought the game was fun and wanted to bring it back. He also saw a chance to improve it. He decided to file a patent for the game. Chris put a lot of effort into redesigning the game.
He worked on branding and packaging. Chris wanted to make Spikeball a sport that everyone could enjoy. The game is simple but fast. It can be played in your backyard or at the beach. It’s easy to set up and play. Chris had to face many challenges in the beginning. He had to convince people that Spikeball was something worth trying. He worked hard to create a strong brand. In the beginning, not many people knew about the game.
Chris also had to figure out how to manufacture it at a good price. He wanted to make sure the game was affordable. Despite these challenges, Chris kept pushing forward. His hard work paid off. Spikeball is now one of the fastest-growing sports in America.
When Chris pitched Spikeball on Shark Tank he was ready. He knew he had a great product. He explained the game to the sharks. He told them how it combined volleyball and foursquare. He said the game was fast and fun. Chris told the sharks that Spikeball could be played anywhere. You can play in your backyard or at the beach. The game was portable and easy to set up. Chris also talked about the success of the business.
He said that he had made over $1 million in sales. Chris was also working with USA Spikeball to create tournaments. He said there were about 100 tournaments held every year. These tournaments brought in revenue through memberships. Chris’s goal was to grow the business and make it even bigger. He said he was hoping to make $3 million in sales in the following year.
Chris asked the sharks for $500,000 for 10% equity in the company. He was confident that the business could grow even more with the right investment. He explained that he wanted to reduce the cost of manufacturing. The game cost $14 to make and sold for $59.99. Chris said he planned to bring down the manufacturing cost and increase profits. He believed that with more investment and marketing the business could become even bigger.
The sharks were interested in Spikeball but had many questions. They wanted to know more about the game and how it worked. Chris explained that the game could be played anywhere. The game was portable and easy to set up. The net was adjustable and could be used in different locations. The game could be played in parks or on the beach. The sharks also asked about the costs.
Chris explained that the game cost $14 to make. It sold for $59.99. Some of the sharks were concerned about the high cost of manufacturing. They asked if there was a way to bring the cost down. Chris explained that he was working on ways to reduce the manufacturing costs. He said he hoped to lower it to under $10.The sharks also asked if there were any competitors. Chris said that there were no other products like Spikeball.
The game was unique. It offered a fun experience that people would enjoy. The sharks were impressed but had concerns about the future. They wanted to know how Chris planned to expand the business.
The sharks gave their responses after hearing Chris’s pitch. Lori Greiner liked the product but did not think she was the right investor. She decided to pass. Nick Woodman was the guest shark. He said he was not passionate about the sport and also passed. Kevin O’Leary offered $500,000 as a loan with 9% interest. He also wanted 10% equity in the company. Chris did not accept this offer.
Daymond John then made an offer of $500,000 for 25% equity. Chris countered with an offer of 15%. Daymond responded with 22%. Chris then agreed to 20%. Daymond accepted the deal. However, after the show aired, the deal was never finalized. Chris and Daymond did not reach an agreement. Despite this Spikeball continued to grow. The business did not need the deal to succeed.
What Went Wrong With Spikeball On Shark Tank?
Spikeball did not close a deal with Daymond John. Although they agreed on terms during the pitch, the deal was never finalized. There could be many reasons for this. One reason could be the concerns about the high manufacturing cost.
Spikeball costs $14 to make and sells for $59.99. Daymond may have felt that the margins were too low. Another reason could be the risks involved in the business. The company was still growing and had not yet reached its full potential. But despite these challenges Spikeball continued to succeed.
Product Availability
Spikeball is now available on the company website and on Amazon. The game comes with a net and three balls. It is easy to set up and can be played anywhere. The net is adjustable and portable. The game can be played in your backyard, at the beach, or in a park. Spikeball is a fun game for people of all ages. The game is priced at $59.99 and offers a unique experience. People can buy it online or in stores.
Conclusion
Spikeball started as a simple idea but turned into a successful business. Chris Ruder believed in his product and worked hard to make it popular. Even though the deal with Daymond John did not go through Spikeball became a huge success.
The company now brings in over $15 million in sales every year. The sport is growing fast. More and more people are playing Spikeball. It shows that with hard work and belief in your product, you can make your dream come true.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
