Nicky Young made a splash on Shark Tank Season 15 when she introduced her innovative basketball training tool, the K3 Shooting Band.
Designed to help players perfect their jump shot, the K3 Shooting Band is the first of its kind to use resistance bands to improve shooting technique.
Did K3 Shooting Band get a deal on Shark Tank? or, What happened to K3 Shooting Band after Shark Tank?
Let’s find it out in our detailed analysis on K3 Shooting Band Shark Tank update and pitch recap.
Table of Contents
Quick Summary
Here’s a quick summary of what happened to K3 Shooting Band after Shark Tank Deal:
Entrepreneur Nicky Young made her appearance on Shark Tank during Season 15, securing a two-shark deal with Lori Greiner and guest shark Michael Rubin. She received $100,000 in exchange for 40% equity in her business. As for a K3 Shooting Band Shark Tank update, the company continues to operate and saw a significant increase in sales following the episode’s airing. The bands are currently available for purchase on the company’s official website.
K3 Shooting Band On Shark Tank
Shark | Result |
Lori Greiner, Michael Rubin | Accepted deal of $100,000 for 40% equity |
Kevin O’Leary | No Offer |
Barbara Corcoran | No Offer |
Mark Cuban | No Offer |
K3 Shooting Band Shark Tank Deal
- Business: Basketball aid
- Entrepreneur: Nicky Young
- Asked For: $100,000 for 20% equity
- Shark Tank Deal: $100,000 for 40% equity
- Sharks: Lori Greiner, Michael Rubin
K3 Shooting Band Company Info
Brand Name | K3 Shooting Band |
Official Website | k3shootingbands.com |
@k3shootingband | |
@K3ShootingBand | |
Where To K3 Shooting Band | Buy Now |
What Is K3 Shooting Band?
The K3 Shooting Band is a unique basketball training tool designed to enhance shooting mechanics. It’s the only resistance band that directly targets the shooting fingers, sliding over the pointer and middle fingers while adjusting around the wrist.
By offering resistance during a shot, the K3 Shooting Band helps players develop proper shooting rotation, which in turn increases their chances of making baskets.
Created by Nicky Young, a former college and professional basketball player, the K3 Shooting Band addresses a common problem: mastering the perfect jump shot. Despite her impressive basketball career, Nicky struggled with her shot and couldn’t find a tool to help improve it. That’s when she decided to create one herself, and thus, the K3 Shooting Band was born.
Shark Tank K3 Shooting Band Pitch
Nicky Young entered the Shark Tank with a powerful story and a unique product, the K3 Shooting Band.
While on a basketball scholarship, Nicky realized that her jump shot was her biggest weakness, and when she couldn’t find any training tools to help, she invented the K3 Shooting Band.
It’s the only resistance band designed for shooting fingers, sliding over the pointer and middle fingers and adjusting on the wrist to improve shooting rotation, which increases the chance of making baskets.
Despite a difficult upbringing and struggles with dyslexia, Nicky led her college basketball team to their first NCAA tournament and went on to play professionally in the Dominican Republic.
Although she tried out and made the WNBA roster, a fear of flying kept her from pursuing that opportunity.
In her Shark Tank pitch, Nicky revealed that she had applied to be on Shark Tank Season 15 and finally made it. The K3 Shooting Band, which has been patented, costs $0.91 to manufacture and sells for $19.99.
While her product was initially picked up by Dick’s Sporting Goods for 80 stores across 29 states, they never reordered. Her sales for the previous year were $43,000, but she had only made $10,000 year-to-date.
Marketing had been her biggest hurdle, but sending the band to NBA trainers, including Clay Thompson’s trainer, led to a social media post that generated sales in 31 countries within three days.
During her pitch, guest shark Michael Rubin believed the product would struggle in retail but could thrive with direct-to-consumer sales and an influencer program. Mark Cuban acknowledged that his team already used similar products and couldn’t help, while Kevin O’Leary wanted to see stronger proof of concept and opted out. Barbara Corcoran praised Nicky’s perseverance but decided the product wasn’t for her.
Michael Rubin offered $100,000 for 50% equity, and Lori Greiner quickly partnered with him, offering to help with packaging and marketing. Nicky countered with 40% equity, which they accepted, securing a deal with two sharks to help grow her business.
What do you think about how things turned out for Nicky and her company? Keep reading our in-depth analysis on K3 Shooting Band Shark Tank update to find out.
K3 Shooting Band Shark Tank Update
So, what happened to K3 Shooting Band after Shark Tank? While it’s still early days, Nicky’s deal with Lori and Michael has already led to increased attention and a surge in sales.
With Lori’s expertise in packaging and Michael’s knowledge of sports-related businesses, Nicky now has the resources and mentorship to take her brand to the next level.
Since the episode aired, the K3 Shooting Band has received a significant boost in online traffic and sales. Although concrete numbers haven’t been released, it’s clear that the exposure from Shark Tank has generated new interest in the product.
Nicky’s story of perseverance, combined with the support of two influential sharks, has positioned the K3 Shooting Band for future success.
Did K3 Shooting Band Get A Deal On Shark Tank?
Yes, K3 Shooting Band did secure a deal on Shark Tank. Entrepreneur Nicky Young impressed the sharks with her innovative basketball training tool, ultimately landing a deal with Lori Greiner and guest shark Michael Rubin.
After initially offering $100,000 for 50% equity, the sharks accepted Nicky’s counter offer of $100,000 for 40% equity. With Lori’s expertise in marketing and packaging and Michael’s experience in the sports industry, Nicky walked away with two powerful partners to help grow her business.
Why The K3 Shooting Band Is Poised For Success?
There are several reasons why the K3 Shooting Band is likely to thrive moving forward. First and foremost, the product solves a real problem for basketball players looking to improve their shooting form. With a patented design and a clear value proposition, the K3 Shooting Band stands out from other fitness tools on the market.
Moreover, Nicky’s story of grit and determination resonates with consumers. Her personal journey, from a struggling basketball player to a successful entrepreneur, adds a human element to the brand. This authenticity, coupled with effective marketing strategies suggested by the sharks, will likely help Nicky build a loyal customer base.
K3 Shooting Band Customer Reviews
Since its Shark Tank appearance, the K3 Shooting Band has garnered attention from both professional trainers and casual players alike. Early customer reviews have been largely positive, with many praising the product’s effectiveness in improving shooting accuracy. Several coaches have noted that the K3 Shooting Band helps players develop muscle memory, leading to more consistent shooting performance.
While some users have mentioned that it takes time to get used to the resistance bands, the overall feedback suggests that the K3 Shooting Band delivers on its promises. The product’s ability to increase proper shooting rotation is particularly appreciated by players looking to elevate their game.
Future Of K3 Basketball Shooting Band: What’s Next?
With Lori Greiner and Michael Rubin on her team, Nicky is now well-positioned to scale the business. The sharks’ combined expertise in marketing and retail distribution will undoubtedly help Nicky refine her approach and reach a broader audience.
Future plans for the company include expanding its direct-to-consumer strategy, building an influencer network, and potentially developing new basketball training products.
While the K3 Shooting Band is still in its early stages of growth, Nicky’s unwavering commitment to her vision and the strategic guidance from her partners suggests that the brand’s future is bright.
FAQS On K3 Basketball Shooting Band Shark Tank Update
Who Invented The K3 Shooting Band?
The K3 Shooting Band was invented by Nicky Young, a former college and professional basketball player. She created the product to improve her own jump shot after struggling to find an effective training tool.
What Happened To K3 Shooting Band After Shark Tank?
After Shark Tank, K3 Shooting Band saw a boost in sales thanks to the exposure from the show. With Lori Greiner and Michael Rubin as partners, the company is still in business, and the bands are available for purchase on the official website. The sharks’ involvement has positioned the brand for future growth.
Did K3 Shooting Band Get A Deal On Shark Tank?
Yes, K3 Shooting Band secured a deal on Shark Tank. Nicky Young accepted an offer of $100,000 for 40% equity from Lori Greiner and guest shark Michael Rubin. The partnership aims to help grow the business with their combined expertise.
Conclusion: K3 Shooting Band After Shark Tank
Nicky Young’s journey from a college basketball player struggling with her jump shot to a successful entrepreneur is nothing short of remarkable. Her persistence in applying to Shark Tank for 15 seasons, combined with her innovative product, paid off when she secured a deal with Lori Greiner and Michael Rubin.
As we’ve seen in this K3 Shooting Band Shark Tank update, the exposure from the show has already led to increased interest in the product, and the future looks promising for Nicky’s brand.
Whether you’re a basketball enthusiast or just someone who appreciates stories of hard-earned success, Nicky’s story is a testament to the power of resilience and innovation.
Keep an eye on the K3 Shooting Band—it might just become a game-changer in the world of basketball training.
To get more Company Updates on Shark Tank Season 15 Episode 21, you can check out the links below:
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Lastly, you can check out more Company Updates for the businesses featured in Shark Tank Season 14 by visiting our Season 14 Company Updates Page.
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