Pickleball Chain's CEO Takes Responsibility Amid Bankruptcy Filing

WHO:

NY Post - Jorge Barragan is the founder of the pickleball company that filed for bankruptcy.

Inc - The CEO of The Picklr is Jorge Barragan.

WHAT:

NY Post - The pickleball company filed for bankruptcy.

Inc - The company, valued at $59 million, is undergoing Chapter 11 reorganization.

Inc - The rapid expansion of the company contributed to its financial difficulties.

WHERE:

NY Post - The company operates approximately 40 locations.

WHY:

NY Post - The corporate guarantee arrangements for about 40 locations became untenable for the company.

Inc - Aggressive corporate lease guarantees were a factor in the company's financial troubles.

HOW:

Inc - The company expanded rapidly, which led to its current financial situation.

(UPDATED October 13, 2026 09:08 UTC)

Jorge Barragan, the CEO and founder of The Picklr, has announced that the pickleball company has filed for bankruptcy and is now undergoing Chapter 11 reorganization, despite being valued at $59 million. The rapid expansion of the company, which operates approximately 40 locations, contributed to its financial difficulties, particularly due to aggressive corporate lease guarantees that became untenable. As the company navigates this challenging situation, it aims to restructure and stabilize its operations moving forward.