This is the story of a St. Louis Park
boy who made a fortune by figuring out how he could play
hockey in the summer.
Scott Olson didn't invent the concept of
rollerblades, but he did develop "softer, polyurethane
wheels for better traction and dual bearings for greater
speed." Neighbors remember him and his friend Tommy
Howard playing hockey in the street at Coolidge and 43 1/2
Street - in the summer. He developed the skate and
created
Rollerblade, Inc. in 1979.
Unfortunately, he was a better idea man than businessman,
and ended selling the company to Robert Naegele of the
billboard Naegeles. Scott left the organization in
1985, at the behest of the company; he says he was "given
the boot." Next came a five year lawsuit that resulted
in his collecting six figure royalties every year.
He created and sold another company - Innovative Sports
Systems - that marketed another invention, the Switchit
Skate, which switches from in-line rollers to ice skating
blades. That company was sold in 1991.
And then there was that bike he developed that friend Tommy
rode from New York to Florida.
Scott was born in 1959 and graduated from St. Louis Park
High School in 1977. His father Charles was a teacher
at Susan Lindgren Elementary School. Growing up in St.
Louis Park, Scott lived at 2916 Jersey.
This information comes from a variety of sources: newspapers, books, yearbooks, phone directories, interviews, etc. Given the varied sources, we cannot guarantee that all of this information is correct, and welcome any additions and corrections. Please contact us with your contributions and comments.