By Richard Pagliaro | @TennisNow | Monday, March 3, 2025
Picture credit score: Toronto Tempo Fb
Singles star Serena Williams continues exhibiting crew spirit in her post-playing days.
Entrepreneur Serena has expanded her sports activities portfolio as co-owner of a brand new crew.
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Former world No. 1 Serena is a co-owner of Toronto Tempo, a brand new growth WNBA franchise set to start out play in 2026.
In an announcement saying Serena’s possession, the franchise mentioned the tennis legend will play an energetic position as an proprietor.
“I’m thrilled to announce my possession position within the first Canadian WNBA crew, the Toronto Tempo,’ mentioned Serena Williams. “This second is not only about basketball; it’s about showcasing the true worth and potential of feminine athletes.
“I’ve all the time mentioned that ladies’s sports activities are an unimaginable funding alternative. I’m excited to associate with Larry and all of Canada in creating this new WNBA franchise and legacy.”
4-time Olympic gold-medal champion Serena bounces a tennis ball that turns into a basketball in a brand new video saying her possession stake.
It is Serena’s second stake in a sports activities franchise.
Serena Williams and older sister Venus Williams personal a minority share of the NFL’s Miami Dolphins. Forbes stories Serena has an estimated internet price of about $340 million.
“I like sports activities and I am so grateful for the whole lot I gained competing on the court docket,” Serena mentioned. “I am thrilled to have the ability to play a task in constructing these alternatives for extra ladies.”
The 23-time Grand Slam champion recalled her tennis roots wind again to Canada.
“Canada has all the time been a particular place for me,” Serena Stated. “I performed my first skilled tennis [match] in Quebec Metropolis.
“And I like Toronto—the tradition, the meals, the individuals. I received my first Rogers Cup right here once I was 19.”
Information of Serena’s funding within the Toronto Tempo comes on the identical day her husband, Brookly native and Reddit co-founder Alexis Ohanian joined The Folks’s Bid for TikTok as a stratetic advisor to the group attempting to purchase TikTok.
