Agassi Sports partners with IBM to build AI-powered racquet sports platform, $2.1M initial payment

Agassi Sports Entertainment Corp.

IBM will create website, mobile app, e-commerce, and AI video analysis model (Agassi Intelligence) using IBM watsonx.ai.
SoW 1 total payment $2,134,716, payable monthly through June 2026; first $100k due within 15 days of Nov/Dec 2025 invoices.
IBM provides $2,953,000 in-kind investment (reduced rates, no cash, no equity); performance bonus of 2–2.5% of net revenue.
Multi-year commitment through Oct 2030; platform launch expected first half 2026.
Andre Agassi to shape platform; collaboration aims to expand access to racquet sports globally.

item 1.01 item 7.01 item 9.01

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