Bubble Soccer Net Worth
Bubble Soccer had a net worth of $1.6 million when it appeared on Shark Tank. However, the current net worth is unknown since the company has shuttered.
The founder, John Anthony Radosta, was seeking $160,000 for 10% equity in his company during his appearance on Shark Tank.
What is Bubble Soccer and Who Founded Bubble Soccer?
Bubble soccer is a sport that involves players playing football while wearing an inflated torus bubble that covers their upper body and head, making it both a recreational and competitive activity.
The game is usually played in teams, in big indoor rooms, or on outdoor fields. It has the same goals and regulations as regular football, with the added requirement that each player wears an inflated bubble around their upper body, similar to a water ball.
Bubble soccer is a popular activity for business team-building events, stag and bachelor parties, and birthday celebrations. The sport was initially invented in Norway in 2011 by Henrik Elvestad and Johan Golden, and it was featured on their TV show Golden Goal.
The game was then popularized throughout the United Kingdom by Lee Moseley, who self-funded it. By 2014, it had made its way to New Zealand. In the United States, the sport is now governed by the BBA.
Therefore, Bubble Soccer was founded by Henrik Elvestad and Johan Golden in 2011.
Bubble Soccer Shark Tank Pitch
During the Shark Tank pitch, John Anthony presented Advanced Sports Concepts, the holding company for the National Association of Bubble Soccer (NABS), which licensed bubbles to local businesses for $3,000 to $5,000.
The local leagues operated under the logos, web platform, and regulations of NABS, and the company also rented bubbles for special parties.
John Anthony received a $160,000 offer from John for a 10% stake in the company, but the Sharks were not interested in investing.
Kevin thought the company strategy was confusing, Lori did not see the vision, Robert had too many business concepts, Daymond believed he had scaled too quickly, and Mark was curious about how much money affiliates made but ultimately decided not to invest.
Following the show, the National Association of Bubble Soccer added franchisees, but the company eventually went out of business in August 2016. John Anthony has since been hired as an artificial intelligence engineer by Wayfair.
Bubble Soccer Net Worth?
John Anthony Radosta asked for $160,000 for a 10% stake during the Shark Tank, which brings the valuation of his business to $1.6 million.
Bubble Soccer Competitors?
Bubble Soccer’s top competitors are Knockerball USA, Toronto Bubble Factory, Bubble Soccer Club San Diego, Buy Bubble Soccer, and Bubble Bump Soccer.
Bubble Soccer Shark Tank Updates
Bubble Soccer appeared on Shark Tank in Season 7, Episode 11. John Anthony Radosta pitched the National Association of Bubble Soccer (NABS), a sanctioning organization that rents, sells, and provides official rules for bubble soccer leagues in over 35 states.
John asked for $160,000 for 10% equity in Advanced Sports Concepts corporation, the holding company for NABS.
During the pitch, John invited Daymond John, Mark Cuban, and Robert Herjavec to play a game of bubble soccer. The Sharks seemed to enjoy the game, but ultimately, no deal was made.
After appearing on Shark Tank, NABS continued to add franchisees. However, in 2016, the company closed its doors for good. John now works for an online furniture retailer.
Despite not getting any offers from the Sharks, Bubble Soccer gained popularity and people from around the world started to play the sport.
Bubble Soccer Net Worth Summary
| CATEGORY | VALUE |
| Net Worth on Shark Tank | $1.6 million |
| Founder | Henrik Elvestad and Johan Golden |
| Founder (National Association of Bubble Soccer) | John Anthony Radosta |
| Investment Sought | $160,000 for 10% equity |
| Competitors | Knockerball USA, Toronto Bubble Factory, Bubble Soccer Club San Diego, Buy Bubble Soccer, Bubble Bump Soccer |
| Shark Tank Appearance | Season 7, Episode 11 |
| Sharks’ Decision | No investment |
| Current Net Worth | Unknown |
| Status | Company shuttered |
| Date of Closure | August 2016 |
Bubble Soccer FAQS
What is Bubble Soccer Shark Tank?
Bubble Soccer is a sport where players play football while partially enclosed in an inflated torus bubble covering their upper body and head. The National Association of Bubble Soccer (NABS) is a sanctioning organization that rents, sells, and provides official rules for bubble soccer.
NABS provides equipment, support, and official rules to local divisions and helps players register to join a team. The sport is played with two teams of 5, a referee, and two goals but no goalie. Variations include bubble bowling and bubble sumo.
John Anthony Radosta pitched NABS in Shark Tank episode 711. He invited Daymond John, Mark Cuban, and Robert Herjavec into their own bubbles to demonstrate how bubble soccer works. The Sharks seemed to enjoy their game a lot – it was silly and fun.
However, John did not receive an offer from the Sharks. The net worth of Bubble Soccer was $1.6 million when it appeared on Shark Tank. The net worth of Bubble Soccer is unknown since the company is no longer in business.
Bubble Soccer gained popularity after featuring on Shark Tank despite not getting any offer from the Sharks. People from around the globe started to play Bubble Soccer; however, the hype of the sport was short-lived.
How does Bubble Soccer Shark Tank work?
Bubble Soccer is a sport that involves standard soccer rules, but all players are encased in 25-30 pound plastic bubbles. The National Association of Bubble Soccer (NABS) is a sanctioning organization that rents, sells, and provides official rules for Bubble Soccer.
John Anthony Radosta, the founder of NABS, appeared on Shark Tank in Season 7, Episode 9, seeking $160,000 for 10% equity in Advanced Sports Concepts Corporation, the holding company for NABS.
During his pitch, John invited Daymond John, Mark Cuban, and Robert Herjavec to play a game of Bubble Soccer to demonstrate how it works. The Sharks seemed to enjoy the game, but ultimately, John did not receive a deal.
After the Shark Tank episode, NABS continued to add franchisees. As of 2023, Bubble Soccer is an exciting new franchise opportunity for entrepreneurs in their city. As a franchisee, one would have access to NABS marketing.
Bubble Soccer has become a popular trend that began in Norway and has since spread across the UK, USA, and many other parts of the world.
The company rents, sells, and provides the official rules for Bubble Soccer leagues to over 35 cities in the USA. However, the actual price to purchase and join the association can be expensive.
What happened to Bubble Soccer after Shark Tank?
Bubble Soccer is a sport where players play football while partially enclosed in an inflated torus bubble covering their upper body and head.
The National Association of Bubble Soccer (NABS) was founded by John Anthony Radosta, and it was featured on Shark Tank in Season 7, Episode 9.
During the pitch, John Anthony presented Advanced Sports Concepts, the holding company for NABS, which licensed bubbles to local businesses for $3,000 to $5,000.
John Anthony asked for $160,000 for a 10% stake during the Shark Tank, which brings the valuation of his business to $1.6 million.
Despite the hype of the sport after featuring on Shark Tank, NABS did not get any offer from the Sharks. In 2016, the company closed its doors for good.
John Anthony is now an artificial intelligence engineer at Wayfair. The current net worth of Bubble Soccer is unknown since the company has shuttered.
Is The Bubble Soccer Shark Tank still in business?
No, the National Association of Bubble Soccer (NABS) went out of business in August 2016. Despite gaining popularity after featuring on Shark Tank, NABS did not receive any offers from the Sharks.
The company continued to franchise and rent out equipment for bubble soccer, but it eventually ceased operations. John Anthony Radosta, the founder of NABS, is now an artificial intelligence engineer at Wayfair.
While Advanced Sports Technology is not the only bubble soccer company operating in the United States, there is no information on whether any other company has taken over NABS’ operations.
What is the current valuation of Bubble Soccer after Shark Tank?
Bubble Soccer appeared on Shark Tank seeking $160,000 for 10% equity in the company, which brought the valuation of the business to $1.6 million. However, the current net worth of Bubble Soccer is unknown since the company has shuttered.
The National Association of Bubble Soccer (NABS) was the holding company for Bubble Soccer, which licensed bubbles to local businesses for $3,000 to $5,000. NABS also added a few franchises capitalizing on its popularity from Shark Tank, but it ceased operations and went out of business in August 2016.
Bubble Soccer is a sport that involves standard soccer rules, but all of the players are encased in 25-pound plastic bubbles. The National Association of Bubble Soccer provided equipment for bubble soccer and official rules for the sport.
The sport gained popularity, and tournaments were organized, including a Bubble Bowl in Las Vegas in 2015, which was covered by ESPN and Telemundo. However, the company’s popularity was not enough to keep it in business, and it eventually shuttered.
How does Bubble Soccer work?
There are six players on a team, and the object of the game is to score by putting the ball into an opposing team’s goal.
Bubbles only cover the torso and head, allowing players to kick each other with their shins and feet.
The bubbles are covered with soccer-grade vinyl, which prevents penetration from most strikes.
How long is a bubble soccer game?
Bubble soccer games are generally two to three times longer than regular soccer games.
Each game consists of two halves, which are separated by a ten-minute break. Opposing teams switch directions at halftime.
Teams can score by kicking or carrying the ball into the opposing team’s goal, which is usually made from a large inflated bag.
What are the rules in bubble football?
The rules are similar to other football codes, with the exception of the wearing of inflatable bubbles.
These generally cover the torse and head, allowing players to kick each other with their shins and feet.
The bubbles are covered with soccer-grade vinyl, which prevents penetration from most strikes.
What size of the field is needed?
A bubble soccer field is between 29 and 42m wide, and 50 to 98 m long.
How safe is Bubble Football?
Bubble Football is safe as you are enclosed in a large, specially designed Zorb Bubble which absorbs any impact. However, injuries can still occur as is the case with all sports.
Although the inflatable bubbles look fragile, they are designed to withstand impact from players who weigh up to about 345 pounds (155 kg).
Most injuries in the sport tend to be minor concussion-like symptoms. The game involves high-speed collisions which can cause knee or ankle ligament damage.
How much does bubble soccer cost?
Costs vary by region, but the least expensive bubbles cost around $400.
What is the object of the game?
The object of bubble soccer is to kick the ball into the opponent’s goal. Players score points for every goal scored.
What makes this game so kid-friendly?
Bubble soccer is great for youngsters since there are no strict and fast technical rules to follow.
To prevent your opponent from scoring a goal, you can bounce about or crash into each other. Furthermore, because you are encased in a bubble, you will not sustain any injuries.
How do they play bubble soccer?
When the game is about to start both teams need to stand on the baseline.
The referee will then place the ball in the middle of the field.
Next, the referee blows the whistle to commence the game.
The referee will also blow the whistle after each goal as well.
Usually, the referee does not stop the ball if he sees it going out of bounds. However, the play will be stopped if it goes near the spectators.
Are there members of staff at the events?
Throughout the event, a fully trained member of staff will be on hand to deliver appropriate safety briefings and host the event from start to finish.
What age do they have to be?
All players must be aged 8 years or over.
