By Richard Pagliaro | @TennisNow | Monday, March 3, 2025
Photograph credit score: Toronto Tempo Fb
Singles star Serena Williams continues displaying group spirit in her post-playing days.
Entrepreneur Serena has expanded her sports activities portfolio as co-owner of a brand new group.
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Former world No. 1 Serena is a co-owner of Toronto Tempo, a brand new enlargement WNBA franchise set to start out play in 2026.
In a press release saying Serena’s possession, the franchise mentioned the tennis legend will play an lively position as an proprietor.
“I’m thrilled to announce my possession position within the first Canadian WNBA group, 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 at all times mentioned that ladies’s sports activities are an unbelievable funding alternative. I’m excited to companion 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 studies Serena has an estimated web value of about $340 million.
“I like sports activities and I am so grateful for every thing I gained competing on the court docket,” Serena mentioned. “I am thrilled to have the ability to play a job in constructing these alternatives for extra girls.”
The 23-time Grand Slam champion recalled her tennis roots wind again to Canada.
“Canada has at all times 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 after 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 making an attempt to purchase TikTok.
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