Eight-year-old Gavin Batarse braved “Shark Tank” to pitch his business, Glove Wraps — and landed a $50,000 offer from billionaires Mark Cuban and…
On Friday's episode, that kid was Gavin Batarse, an avid baseball player and the CEO of Glove Wrap. Alongside his dad and sister, Jon and Morgan Batarse, Gavin pitched the product he invented, which helps baseball players break in their stiff new gloves — making the leather more pliable and molding its pocket to the shape of the ball.
The family sought $50,000 for 20% of the Orange County, California-based business, which competes with a wide variety of homemade remedies developed over the decades. Baseball players have wildly varying strategies for breaking in gloves, involving anything from hot water and a tool known as a"glove mallet" to a series of glove oils and conditioners.
The potential market is large, spanning millions of kids and Major League Baseball players alike in the U.S. alone. Gavin wanted help placing his product in retailers like Dick's Sporting Goods, he said."What I was thinking is all of the baseball teams in the country, minor-league and professional in particular, would want their own to give to their players and to give away to their fans," Cuban said."So instead of selling one at a time, you could sell a bunch at a time.
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