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VICTURY Sports founder Joe Burke received a $250,000 investment offer from Lori Greiner for an 8.5% stake in the company behind Ollyball, according to The Toy Book’s report on the Sept. 30 Shark Tank episode. The indoor play ball has sold more than 2 million units, but the report does not say whether the offer was finalized or the deal has closed.
Ollyball maker VICTURY Sports received a $250,000 investment offer from Shark Tank investor Lori Greiner in exchange for an 8.5% stake, according to The Toy Book’s report on the show’s Sept. 30 season premiere. Founder Joe Burke appeared with his 11-year-old son, Jameson, to pitch the indoor play ball, which the company says has sold more than 2 million units.
The offer came as VICTURY Sports seeks to grow the product’s retail reach and pursue new collaborations. The Toy Book reported that Ollyball is stocked in Target stores nationwide and is also sold through Dick’s Sporting Goods, Walmart.com, Amazon, CAMP and TikTok Shop, as well as retailers in eight countries. The report does not say whether Burke accepted Greiner’s offer on air or whether the deal has since closed.
Burke told The Toy Book that bringing his son into the Tank was a memorable experience. “Going into the Tank with Jameson is something the two of us will never forget,” he said. He also described the product’s origins: “Ollyball started because my daughter was tired of hearing, ‘not in the house.’” The Toy Book identified the daughter as Judith.
According to the report, Burke developed Ollyball after Judith broke something while playing volleyball indoors. He made more than 100 prototypes before settling on a patented, two-piece ball that weighs less than an ounce and is designed for full-force indoor play. Burke said he initially put more than $100,000 of his own savings into the business. His wife, Ellen, began managing customer service from the family kitchen and now serves as VICTURY Sports’ chief operating officer.
A Retail Brand Seeks Its Next Stage
The offer gives VICTURY Sports a potential source of capital and the visibility of a national television pitch as it pursues further growth. For shoppers, the product’s reported availability across major retailers means the appearance could draw attention to an item already on sale, rather than introducing a new product. The Toy Book also reported that the company is planning collaborations with Crayola, Balloon Time and FIVB, the international volleyball governing body.
The investment terms matter to the company because they would trade an 8.5% ownership stake for $250,000. The report does not provide a valuation, explain any conditions attached to the offer, or confirm that the transaction was completed. The televised offer should not be treated as proof that VICTURY Sports has received the money.
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From Indoor Mishap to Two Million Sales
Ollyball’s pitch centers on a household problem: allowing children to play ball indoors without the same risk of damage associated with a conventional volleyball. The Toy Book says Burke developed the design at his kitchen table after an indoor game resulted in something being broken. The resulting product is described as a patented, lightweight two-piece ball; the source does not provide independent testing details or specify the materials used.
The company had established sales and industry recognition before the Shark Tank appearance. The Toy Book reported that Ollyball had passed 2 million units sold, won a Toy of the Year award from The Toy Association in 2019, and was named a finalist for Product Launch of the Year in the second annual Pulse of Play Awards. These milestones offer background on the brand’s progress, but the report gives no sales period, revenue figures or comparison baseline for the unit total.
““Going into the Tank with Jameson is something the two of us will never forget.””
— Joe Burke, VICTURY Sports founder, quoted by The Toy Book
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Whether the Investment Closed
The Toy Book reports that Greiner agreed to invest $250,000 for an 8.5% stake on the program, but its account does not establish whether the televised agreement was finalized after the show. Shark Tank offers can be subject to further review and negotiation; no closing documents or later company confirmation are included in the source material.
Other details are also absent. The report does not state the investment’s conditions, how the funds would be used, the company’s financial performance, or the timing and terms of the planned brand collaborations. It reports more than 2 million units sold without specifying the period covered or a baseline for comparison.
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Deal Confirmation and Brand Partnerships
The next point to watch is whether VICTURY Sports or Greiner confirms that the investment closed and provides details of any final terms. The company is also lining up collaborations with Crayola, Balloon Time and FIVB, according to The Toy Book, but the report does not give launch dates, product details or distribution plans. Until those details emerge, the reported offer and the stated plans are the available information; their final status remains unconfirmed.
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Key Questions
What deal did Ollyball receive on Shark Tank?
According to The Toy Book, Lori Greiner offered VICTURY Sports $250,000 for an 8.5% stake in the company behind Ollyball. The source does not confirm that the deal closed after filming.
Who pitched Ollyball on the show?
VICTURY Sports founder Joe Burke pitched the product alongside his 11-year-old son, Jameson, on the Sept. 30 season premiere of Shark Tank.
What is Ollyball?
Ollyball is a patented, two-piece indoor play ball that weighs less than an ounce. The Toy Book says it was designed for full-force indoor play after Burke began developing it in response to a household mishap.
Where is Ollyball sold?
The Toy Book reports that Ollyball is stocked in Target stores nationwide and is available through Dick’s Sporting Goods, Walmart.com, Amazon, CAMP and TikTok Shop, along with retailers in eight countries.
Has the Shark Tank investment been finalized?
The source reports Greiner’s on-air offer but does not confirm whether the agreement was finalized or the investment closed. That status remains unclear based on the available report.
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