Ball Cap Liner

Adam Pauze, from Aurora, Ontario, and Cliff Floyd, from Davie, Florida, previously appeared on Season 9 with the Maximum Drywall Axe, now licensed to a major Chinese tool manufacturer and sold at Canadian Tire and Lowe's. This pitch was for the Ball Cap Liner, a protective headband made of a hard shell material about 75 percent as strong as metal and a foam that stiffens on impact, designed to fit discreetly inside baseball caps for fielders, coaches, and umpires, and also tested for medical use with people prone to self-injury. The product costs about $10 to make and would retail for $49 to $59; it passed impact testing at 69 miles per hour for high school level play, with further testing underway for Major League level impacts of 83 miles per hour. The company had no sales yet but had meetings scheduled with Dick's Sporting Goods, and Adam and Cliff asked for $150,000 for 10 percent equity, valuing the company at $1.5 million.

Jim Treliving and Manjit Minhas both went out, saying the founders had the contacts and experience to succeed without a Dragon's equity. Michael Wekerle offered $150,000 as a royalty deal of $2.50 per unit for 15 years; Joe Mimran joined him, splitting the investment but proposing a 10 percent royalty on all sales instead; Michele Romanow then joined both, adding help with marketing and a crowdfunding campaign. Adam and Cliff accepted the three-way deal.

Ball Cap Liner is still operating and sells through its website.