Serena Williams Joins WNBA Ownership Group in Toronto

Serena Williams Joins Toronto Tempo as Managing Partner

Tennis superstar Serena Williams is continuing her investment in women’s sports with a new ownership stake in the Women’s National Basketball Association’s (WNBA) Toronto Tempo. The team, the WNBA’s first expansion team in Canada, will begin play in the 2026 season and is also owned by Larry Tanenbaum, chairman of Kilmer Sports Ventures.

Williams’ Role and Investment

As a managing partner, Williams will play an active role in the team’s visual look, including jersey designs, merchandise collaborations, and other creative initiatives. The size of her stake was not disclosed. The deal is pending final approval from the league.

Tennis Superstar’s Off-Court Portfolio

Since retiring from tennis in August 2022, Williams has been busy building her off-court portfolio. She is also a minority owner in the National Women’s Soccer League’s Angel City FC, the National Football League’s Miami Dolphins, and TGL’s Los Angeles Golf Club.

Team President’s Praise

"Serena is a champion," said Teresa Resch, president of the Tempo Basketball Club. "She’s the greatest athlete of all time, and her impact on this team and this country is going to be incredible."

Conclusion

The addition of Serena Williams to the Toronto Tempo’s ownership group is a significant step forward for women’s sports. Her investment and involvement will undoubtedly bring a new level of visibility and excitement to the team and the WNBA as a whole.

Frequently Asked Questions

Q: What is the size of Serena Williams’ stake in the Toronto Tempo?
A: The size of Williams’ stake was not disclosed.

Q: What will be Serena Williams’ role with the Toronto Tempo?
A: Williams will play an active role in the team’s visual look, including jersey designs, merchandise collaborations, and other creative initiatives.

Q: How will Serena Williams’ involvement impact the team and the WNBA?
A: Her involvement is expected to bring a new level of visibility and excitement to the team and the WNBA, and will likely have a positive impact on the growth of women’s sports.