The Costly Consequences of Pickleball: Bill Gates' Favorite Sport Takes a Toll on Americans' Health and Wallets

1 min read
Source: Benzinga
The Costly Consequences of Pickleball: Bill Gates' Favorite Sport Takes a Toll on Americans' Health and Wallets
Photo: Benzinga
TL;DR Summary

UBS Group AG analysts estimate that the growing popularity of pickleball, a sport favored by Bill Gates and attracting investment from celebrities like LeBron James and Tom Brady, could cost Americans between $250-500 million in injuries in 2023. The surge in healthcare utilization rates, including hip replacements and knee surgeries, has been attributed to the increasing number of pickleball-related injuries. With a projected 150% increase in players this year, the sport's rising popularity may pose a significant financial burden, with estimated medical costs reaching $377 million.

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