I signed since I don't plan to open a volleyball business, but I raised it with the venue owner who basically said their lawyers suggested it and that only one other person objected to it over the last three years. He was willing to strike it out.
Anyway - people/businesses with clauses like this need feedback or they won't change it. I let the sand volleyball place know that I thought it was a scummy tactic, and that pushing something like that onto the rank and file patrons of a business is not appropriate for someone who chairs the community improvement district that the business is located in.
My takeaway was also that the vast majority of people just don't read what they sign.