BucketGolf Update | Shark Tank Season 16
Golfing can be overwhelming for beginners and casual players, making it difficult to enjoy the sport without prior experience. To address this, a brother-and-sister team, Tyler and Jen Simmons, created BucketGolf. This new game simplifies golf by turning it into a portable, easy-to-set-up backyard experience. One key benefit is its accessibility, allowing people of all skill levels to enjoy the game without the pressure of traditional golf. Will their twist on a classic sport win over the sharks? Dive into our Bucket Golf update and pitch recap to find out!
If you’re short on time, here’s a quick overview of what happened to BucketGolf after
Tyler and Jen entered
In terms of a BucketGolf update, the company focused on expanding its product line, introducing the Tour set for serious players, and enhancing its retail presence by partnering with Walmart.
| Shark | Result |
| Mark Cuban | Accepted offer of $1,000,000 for 12.5% equity |
| Kevin O’Leary | $1,000,000 for 25% equity |
| Daymond John | $1,000,000 for 25% equity |
| Lori Greiner | $1,000,000 for 22.5% equity |
| Todd Graves | No offer |
Shark Tank BucketGolf Pitch
- Entrepreneurs: Tyler and Jen Simmons
- Business: A portable backyard golf game
- Ask: $1,000,000 for 10% equity
- Result:$1,000,000 for 12.5% equity
- Shark: Mark Cuban
Tyler and Jenny kicked off their pitch by sharing how Bucket Golf makes traditional golf more fun and accessible right in your backyard.
They were looking for an investment to stock up inventory and streamline logistics, ensuring they could handle the rush during peak seasons.
With Bucket Golf, they’ve created a portable Par 3 game that combines the thrill of golf with the laid-back feel of a backyard hangout.
Moreover, the pop-up buckets are lightweight and easy to set up, so every game feels new and exciting.
In terms of sales strategy, their approach is simple—they sell directly to customers through their website and Amazon, cutting out middlemen to keep prices affordable.
Furthermore, the game set is super compact, making it a breeze to toss in the car for a picnic or pull out for a quick backyard match.
It’s perfect for family get-togethers, casual players, and golf enthusiasts who want a more relaxed way to play.
It costs $60 to produce, and they sell it for $199, giving them a healthy 70% profit margin.
In 2021, they made a game-changing switch to pop-up buckets, which cut down weight and made shipping more flexible.
As a result, from slow beginnings, with just $5,000 in sales between 2018 and 2020, they saw a huge leap.
By 2022, sales hit $2.5 million and nearly doubled to $5.9 million in 2023.
Currently, in 2024, they’re on track to break $12 million, with profit margins hovering between 15% and 20%.
Notably, about 85% of revenue comes from their website and Amazon. With slim margins, retail hasn’t been a viable route.
Kevin O’Leary opened the negotiations. He offered $1 million for 25% equity, pointing out that hitting $100 million would mean partnering with distributors who’d take a slice of the profits.Â
Shortly after, Daymond John quickly matched this offer of $1 million for 25% equity. He was confident they could push the business to reach $150 million in sales.
Meanwhile, guest shark Todd Graves says he’s not really excited about the business. He’s out.
Lori Greiner offered $1 million for 22.5% equity, asking for preferred stock to secure her stake.
Specifically, she wanted to make sure she’d get a share of the profits whenever the founders took theirs.
In contrast, Mark Cuban offered $1 million for 15% equity, emphasizing that he would receive distributions whenever the entrepreneurs did.
In response, Tyler countered Mark for 12.5% equity.
Mark was hesitant, but when Lori agreed to the counteroffer, he immediately changed his mind.
In the end, Tyler and Jen settled for $1 million for 12.5% equity with Mark Cuban.
Keep reading our BucketGolf update to find out what happened next for their company.
Shark Tank BucketGolf Update
Our BucketGolf update found that after this episode aired, the company broke its daily sales record and achieved 50 times the sales.
Since then, Tyler and Jen have not provided major updates since striking a deal with Mark Cuban.
However, BucketGolf has continued to expand its offerings, with the Tour set catering to more dedicated players.
In addition, our BucketGolf update found that the company collaborated with the Pediatric Cancer Research Foundation.
They donated proceeds from special golden edition gear during a fundraising event.
Moreover, they have extended their retail presence by getting their products into Walmart, moving beyond online channels.
Looking ahead, we can’t wait to see what Tyler and Jen are doing in our next BucketGolf update.
For more updates from
Before you go, be sure to check out our list of all the Shark Tank Season 16 products.
Marvin Uzor
Marvin Uzor is a content contributor for Shark Tank Recap. He specializes in crafting engaging, well-researched content that delve into the latest Shark Tank stories, keeping readers hooked. He has a soft spot for his favorite Shark Tank companies, Bombas and Doorbot, known for their innovation and impact.