Kid entrepreneur Gavin Batarse, with the support of his dad John Batarse, and big sister Morgan Batarse, pitched their business, Glove Wrap, to the Sharks in Shark Tank Season 15. Glove Wrap provides an elastic band designed to break in a baseball glove and mold it into the perfect shape, making it more comfortable and easier to use.
Did any of the Sharks show interest in investing in Gavin’s business? Let’s find out the latest updates on Glove Wrap and how the business is progressing.
| Company Name | Glove Wrap | |
| Founder/Co-Founder | Gavin Batarse and John Batarse | |
| Founded | 2022 | |
| Product | band that breaks a baseball glove | |
| Asked For | $50k for 20% equity | |
| Final Deal | $50k for 22% equity | |
| Shark | Michael Rubin and Mark Cuban | |
| Episode | S15 E3 | |
| Air Date | Oct 13th, 2023 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Los Angeles, California, United States | |
| Annual (Revenue) | $0.3M *estimated | |
| Worth / Valuation | $250,000 | |
| Buy and Watch | Buy Now | Amazon Prime |
Business Pitch Episode Recap
John, Gavin, and Morgan Batarse asked the Sharks for $50,000 in exchange for 20% equity in their company. During the pitch, they explained their product, the Glove Wrap Band. Gavin shared that he loves baseball and discovered the secret to better catching involves breaking in and shaping the glove. However, he wanted a better way to do it, so he invented the Glove Wrap.
Gavin revealed that they have sold over 1,000 Glove Wraps so far, with lifetime sales exceeding $19,000. Each unit has a landed cost of $3, a retail price of $19.99, and a wholesale price of $10. The product is currently sold on Amazon, the company’s website, and in six mom-and-pop shops.
Gavin also mentioned that in a few weeks, they are set to discuss making Glove Wrap available on the platform of a major retailer, Big 5 Sporting Goods.
Michael Rubin shared that Glove Wrap’s first retail partner was indeed Big 5 Sporting Goods. He then asked Morgan about her role in the business. Morgan explained that she tracks all the orders and handles the packing, labeling, and shipping of the products, completing these tasks every morning before going to school.
Mark Cuban suggested to Gavin that instead of focusing on selling a single product, he should consider selling the Glove Wrap in bulk to baseball teams.
Barbara Corcoran mentioned that she already has several similar bands in her closet that she could use to wrap a glove. She asked what makes Gavin’s Glove Wrap different. John explained that to properly break in a glove, the band needs to have the exact width, length, and thickness, which is what sets their product apart from other bands.
Kevin O’Leary liked the product but expressed concern about investing in an 8-year-old’s business. He suggested that Gavin should consider managing the business full-time. However, Gavin responded that he wasn’t ready to do so.
Lori Greiner mentioned that there are more sporty Sharks who would be a better fit for this business, so she is out.
Barbara said that Mark would be a better partner for the business. Michael asked, “Why would Mark be the partner and not me?”
Michael Rubin and Mark Cuban teamed up to offer $50,000 for 22% equity in the business. Gavin accepted this offer.
Sharks Offers list!
| Sharks | Offers |
|---|---|
| Michael Rubin | $25k for 11% equity |
| Kevin O’Leary | No Offer |
| Mark Cuban | $25k for 11% equity |
| Barbara Corcoran | No Offer |
| Lori Greiner | No Offer |
| Founder’s (Countered) | No Counters |
| Final Deals | $50k for 22% equity |
Glove Wrap Shark Tank Update
After the episode aired, Gavin’s business gained significant attention due to his creation of a useful and simple product at just 8 years old. Gavin is frequently seen posting videos with Major League Baseball players on his business’s social media pages.
With the help of guest Michael Rubin, the company signed a partnership deal with Major League Baseball in July 2024, becoming the official glove wrap of MLB.
The product is now available in major retail stores like SCHEELS and Dick’s Sporting Goods, as well as other retail locations across the country.
In Shark Tank Season 16 Episode 3, the update segment featured Glove Wrap, where Gavin shared that his deal with Michael Rubin and Mark Cuban was game-changing. Before the Shark Tank appearance, his sales were $19,000, but within 10 months of closing the deal, sales reached $200,000. Additionally, their social media has garnered over 100 million views.
Check out Shark Tank Season 15 Business Update.
You can see some businesses from Season 15 here.
