The AVP Tour today announced it has closed its doors due to financial hardship, cutting short the 2010 season. AVP ownership is not funding the tour and the AVP has been unsuccessful at finding new investors.
“On behalf of AVP staff we want to express our sincere gratitude to fans, players, partners and sponsors,” said Jason Hodell, AVP CEO. “Words cannot express our profound disappointment.”
“Through the course of this investor search we have encountered individuals and groups with intelligence, common sense and a passion for the game of beach volleyball,” said Mike Dodd, AVP commissioner. “Unfortunately, the time constraints were such that pulling the trigger on the amount of money necessary to salvage this season were too great. Ironically this sad news comes as we approach the 50th anniversary of the Manhattan Open, our sport’s crown jewel and the one event that showed us all we could dream big. The Open has seen its ups and downs over the years and always persevered. I’m sure our sport will do the same.”
Created in 1983 as a players’ association, the AVP first ran the United States’ domestic tour in 1988. For the past 23 years the AVP Tour has featured arguably the best beach volleyball in the world, with AVP athletes winning at least one gold medal in every Olympics since beach volleyball became an Olympic sport in 1996.