Item 5.02(c) and (e) - Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On March 13, 2009, Escalade's Board of Directors appointed Ms. Deborah Meinert as Vice President and Chief Financial Officer. Ms. Meinert, age 51, joined Escalade in November, 2007 as Escalade's corporate controller. Prior to that time, Ms. Meinert served as Assistant Controller and Internal Auditor at United Components in Evansville, Indiana. Prior to 2004 Ms. Meinert worked in public accounting for Brown, Smith, and Settle, LLC and Harding & Shymanski, LLC, both located in Evansville, Indiana.

Ms. Meinert has no family relationship with any other executive officer or director of Escalade. Ms. Meinert has not been involved in any related party transaction with Escalade.

In connection with Ms. Meinert's promotion to Chief Financial Officer, Ms. Meinert will be provided the following:

• Annual base salary of $132,000 for fiscal year 2009, subject to annual review and increases by Escalade's Compensation Committee of its Board of Directors for 2010 and future years;

• Annual cash bonus and equity awards, based on company and personal performance, and subject to full discretion of Escalade's Compensation Committee of its Board of Directors; and

• Participation in Escalade's health and welfare plans, consistent with company policy.

Item 8.01 - Other Events

Escalade issued the press release attached hereto as Exhibit 99.1 on March 17, 2009 announcing the appointment of Ms. Meinert as Chief Financial Officer.

Item 9.01 - Financial Statements and Exhibits

(c) Exhibits Exhibit Description 99.1 Press release dated March 17, 2009