Duzter is a company that specializes in creating comfortable ice hockey player clothes and equipment. Martin Negron Jr. and his dad, Martin Negron Sr., started this company. They created Duzter because Martin Jr. could not find what he needed to put on under his hockey equipment. He is a 14U hockey player and wanted something that would fit well and be comfortable.
Since he did not find anything he wanted, he created it himself. Along with his dad, they started Duzter in 2022. They sell compression shirts, pants, shorts, and hoodies that make the player feel more comfortable during hockey play. They showcased their product on Shark Tank. Duzter sought $200,000 in return for 10% of their business. Will the entrepreneur get a deal on Shark Tank? Check out the Duzter update to find out!
In our Duzter update research, Following their appearance on Shark Tank, Duzter gained popularity. The company continued to expand and is still operational as of 2024. The product is available for purchase on the company’s official website as well as in some Maryland, Colorado, Nevada, Pennsylvania, and even UK stores. Duzter’s most popular line of products includes compression pants, shirts, shorts, and hoodies for hockey players.
The products assist athletes in remaining comfortable during play. The brand has also gained popularity from other regions and consumers. They continue to make sales and expand in various markets. The company’s projected total sales value throughout its lifespan is $326,000, and they are valued at $2 million. Duzter continues to grow and take its product to more people
In terms of the Duzter update, Yes, Duzter did secure a deal on Shark Tank. They requested $200,000 for 10% of the company. One of the Sharks, Mark Cuban, made a bid. He bid $200,000 but for 20% of the company’s equity rather than 10%. Martin Jr. and Sr. accepted the offer. This was a highlight for Duzter. Securing a deal on Shark Tank boosted their brand.
They became more visible and noticed by the audience viewing the show. The agreement with Mark Cuban enabled them to proceed with their business venture and further diversify their products.
Duzter Net Worth Shark Tank Update 2025
Martin Jr. and Martin Sr. were looking for an investment of $200k in exchange for 10% equity in the company. At the time of the episode, they valued their company at $2 million. They successfully secured a deal with Mark Cuban for an investment of $200k for 20% equity in the company. The investment adjusted the company’s net worth to around $1 million. After the show was aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of Duzter in 2025 is around $2 million.
Duzter was invented because Martin Jr. could not find it. He was a 14U hockey player and couldn’t find comfortable compression apparel for his games. Compression gear keeps athletes warm and supported during sports. But Martin Jr. couldn’t locate a product that fit his needs. So, he asked his father to assist him. Martin Sr. had 25 years of production, quality control, and manufacturing experience.
With his experience, he assisted his son in developing the Duzter brand. They collaborated to develop compression equipment for hockey players. They aimed to ensure that their products were comfortable and of high quality. The father-son team worked very hard to establish the company.
They were committed to assisting other hockey players who required improved equipment. It was a personal endeavor for them to correct an issue Martin Jr. encountered daily when he played hockey.
Initial Pitch
When they appeared on Shark Tank, Martin Sr. and Jr. pitched their business model. They discussed the company’s vision to offer cozy compression equipment to hockey players. They described the way the equipment made the players feel better throughout games. The entrepreneurs showcased the products, namely compression pants, tops, shorts, and hoodies.
They intended to display that their products were of the highest quality and suitable for sportspersons. They also outlined how they were already selling the products in stores and online. The founders requested $200,000 for 10% of their company to expand their business and grow their brand. They wanted to utilize the funds to acquire more inventory and make more sales. Their presentation was concise and centered around assisting hockey players.
Queries About The Product
While making their presentation, the Sharks were full of questions. They wished to be enlightened on more of the products and the progress of the company. One of the initial questions asked was about the quality of the products. The Sharks queried whether the garments were comfortable to wear by the players. Martin Jr. said that they had tried the products with several players so that they would be comfortable.
They wished to ensure the products were effective on the ice. The Sharks also inquired about how much it cost to produce the products and what they were charging for them. Martin Jr. and Sr. said that they set the prices fairly low to entice consumers and to break even. Another critical question was regarding competition. The Sharks asked whether other brands sold the same product.
Martin Jr. and Sr. discussed the market gap and how they were providing something that didn’t previously exist. They described how most hockey players used to purchase compression equipment from other sports such as running or fitness. However, these products were not specifically for hockey players. Duzter’s products were designed specifically for the needs of hockey players.
The Sharks appeared to be interested in this special approach. The Sharks also inquired about the business’s existing sales and expansion. Martin Jr. and Sr. told them that they had generated $326,000 in lifetime sales. They told them that the business was expanding steadily. The Sharks inquired as to how they would expand the business.
The founders told them that they wanted to invest the $200,000 in inventory and grow their online and retail presence. They were intent on distributing their products to more outlets and to more people.
Shark’s Responses and Final Deal
The Sharks were pleased with the father-son pair’s background and products. They appreciated the fact that the brand was aimed at getting rid of a genuine issue for ice hockey players. But they also had reservations. Some Sharks believed that the company required more time to develop. Others had concerns regarding the competition for the business. Mark Cuban, however, believed in Duzter.
He appreciated that the products were specially designed for hockey players. He made the $200,000 offer but requested 20% of the company rather than the 10% the founders initially requested. Martin Jr. and Sr. discussed it and accepted the offer after some deliberation. They were thrilled to have Mark Cuban as part of their team. The offer was a good chance for Duzter to grow and gain more exposure.
What Went Wrong With Duzter On Shark Tank?
Although Duzter did obtain a deal, none of the Sharks were quite as interested. A few of them didn’t believe the company was in a position to scale. They thought that the market for hockey equipment could be too saturated. They even questioned if the company could expand quickly enough to be profitable. These considerations left some of the Sharks unwilling to offer a deal. At last, Mark Cuban recognized the possibility and made them the offer.
However, the other Sharks refused to invest in Duzter because they could not believe the business would find success in such a competitive business environment. That being said, Duzter left with the deal that stands to make it grow and improve its business.
Product Availability
Duzter sells its products through its official website. The products include compression shorts, shirts, shorts, and hoodies intended for hockey players. The products are sold both online and through some stores. Some of these stores are based in Maryland, Colorado, Nevada, Pennsylvania, and the UK. The prices of the products are set such that they can be afforded and are still high-quality.
Duzter also keeps adding to the products offered and acquiring more customers. The firm has established a solid base with its dedication to creating comfortable and functional equipment for hockey players.
Conclusion
Duzter’s experience on Shark Tank was successful. They left the show with an offer from Mark Cuban. Since their time on the show, the business has continued to prosper. They remain in operation and are trying to build their brand. The business’s products can now be purchased online and at stores in many places.
Duzter’s emphasis on comfortable hockey equipment has made them popular in the marketplace. As of 2024, they continue to make sales and expand their business.
Hi! I’m Fatima Muhammad, a writer with a passion for international relations, strategic analysis, and global affairs. As a bachelor’s student in International Relations, I love exploring geopolitical trends, economic policies, and global power shifts. I specialize in breaking down complex topics into clear, engaging content that informs and sparks discussions. As someone who enjoys both business strategy and great storytelling, one of my favourite shows is Shark Tank. I love the show from the bold ideas to the unexpected deals. Beyond writing, I have a creative side I enjoy graphic design and storytelling, which helps me bring a unique perspective to my work.
