
Serena Williams has formally change into a part-owner of Toronto’s inaugural WNBA group.
Taking to social media to announce her new position, Williams i slated to hitch the Toronto Tempo possession group simply forward of its first season. In her social media announcement, Williams will be seen bouncing a tennis ball that then morphs into an official WNBA basketball alongside textual content that reads, “New Courtroom, New Recreation.” The 23-time Grand Slam winner stated in assertion, “This second isn’t just about basketball; it’s about showcasing the true worth and potential of feminine athletes — I’ve at all times stated that ladies’s sports activities are an unbelievable funding alternative. I’m excited to accomplice with Larry [Tanenbaum] and all of Canada in creating this new WNBA franchise and legacy.”
Toronto Tempo is primarily owned by Kilmer Sports activities Ventures, which is chaired by Larry Tanenbaum. Tanenbaum is the chairman of Maple Leaf Sports activities & Leisure, which owns a number of sports activities franchises together with the NBA’s Toronto Raptors, the NHL’s Toronto Maple Leafs and MLS’ Toronto FC. The group is predicted to be led by Teresa Resch and are the fifteenth group within the WNBA. The Toronto Tempo are stated to tip off their first season in 2026.
Tanenbaum stated in his assertion on Williams becoming a member of the possession group, “Serena Williams is an icon, a task mannequin and a pressure for change on this planet. She’s earned each little bit of her unbelievable success with arduous work, tenacity and willpower within the face of numerous challenges. She exemplifies the perfect of what the Tempo stand for — we couldn’t be extra honored to have Serena in our courtroom.” With Tempo, Williams expands her repertoire in sports activities ownerships. She presently has stakes in Miami Dolphins, Angel Metropolis FC and Los Angeles Golf Membership.
New courtroom, new recreation 🏀
We’re thrilled to announce that @SerenaWilliams – legendary tennis
professional – has joined the group as the latest proprietor of the Toronto Tempo. pic.twitter.com/kRPYNvdoya— Toronto Tempo (@TempoBasketball) March 3, 2025