{"id":377672,"date":"2025-12-30T10:17:23","date_gmt":"2025-12-30T10:17:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/377672\/"},"modified":"2025-12-30T10:17:23","modified_gmt":"2025-12-30T10:17:23","slug":"serena-williams-takes-ownership-stake-in-toronto-tempo","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/377672\/","title":{"rendered":"SERENA WILLIAMS TAKES OWNERSHIP STAKE IN TORONTO TEMPO"},"content":{"rendered":"<p class=\"prntac\">One of sport&#8217;s greatest champions joins Canada&#8217;s first\u00a0WNBA team&#8217;s ownership group<\/p>\n<p>TORONTO, March 3, 2025 \/PRNewswire\/ &#8211; Serena Williams, one of the world&#8217;s most celebrated athletes, will be a new owner of the Tempo, the team announced today.<\/p>\n<p>Williams joins the team&#8217;s ownership group alongside Larry Tanenbaum, Chairman of Kilmer Sports Ventures.\u00a0<\/p>\n<p>          <a href=\"#\" class=\"tabfocus\" role=\"button\"><img title=\"One of sport's greatest champions joins Canada\u2019s first WNBA team as a Managing Partner (CNW Group\/Toronto Tempo)\" data-getimg=\"https:\/\/mma.prnewswire.com\/media\/2631958\/Toronto_Tempo_SERENA_WILLIAMS_TAKES_OWNERSHIP_STAKE_IN_TORONTO_T.jpg?w=500\" id=\"imageid_2\" alt=\"One of sport's greatest champions joins Canada\u2019s first WNBA team as a Managing Partner (CNW Group\/Toronto Tempo)\" class=\"gallery-thumb img-responsive\" rel=\"newsImage\" itemprop=\"contentUrl\" loading=\"lazy\"\/><\/a><\/p>\n<p>        One of sport&#8217;s greatest champions joins Canada\u2019s first WNBA team as a Managing Partner (CNW Group\/Toronto Tempo)<\/p>\n<p>&#8220;I am thrilled to announce my ownership role in the first Canadian WNBA team, the Toronto Tempo,&#8221; said Serena Williams. &#8220;This moment is not just about basketball; it is about showcasing the true value and potential of female athletes \u2014 I have always said that women&#8217;s sports are an incredible investment opportunity. I am excited to partner with Larry and all of Canada in creating this new WNBA franchise and legacy.&#8221;<\/p>\n<p>Williams made her professional debut in Canada in 1995, kick-starting a record-setting career that saw her claim 73 WTA Tour-level singles titles, including 23 major women&#8217;s singles titles \u2014 the most in the Open Era.\u00a0<\/p>\n<p>&#8220;Serena is a champion,&#8221; explains Teresa Resch, President, Tempo Basketball Club. &#8220;She&#8217;s the greatest athlete of all time, and her impact on this team and this country is going to be incredible. She&#8217;s set the bar for women in sport, business and the world &#8211; and her commitment to using that success to create opportunities for other women is inspiring &#8211; we&#8217;re thrilled to be marking the lead-up to International Women&#8217;s Day with this announcement.&#8221;<\/p>\n<p>As part of her ownership role, Williams will contribute to bringing the Tempo to life visually. She&#8217;ll play an active role in future jersey designs and will help forge unique merchandise collaborations with the team.<\/p>\n<p>&#8220;Serena Williams is an icon, a role model and a force for change in the world&#8221; Tanenbaum concludes. &#8220;She&#8217;s earned every bit of her incredible success with hard work, tenacity and determination in the face of countless challenges. She exemplifies the very best of what the Tempo stand for &#8211; we couldn&#8217;t be more honoured to have Serena in our court.&#8221;<\/p>\n<p>The Tempo will begin playing at the Coca-Cola Coliseum in 2026, and will also host regular-season games across Canada. More information about the team, including details on how to register for the Season Ticket\u00a0Waitlist, is available at tempo.wnba.com.<\/p>\n<p>Williams&#8217; investment in the team is pending final league approval.<\/p>\n<p>About Toronto Tempo<\/p>\n<p>In May 2024, the Women&#8217;s National Basketball Association (WNBA) announced its expansion into Canada by awarding Toronto an expansion team, the league&#8217;s first outside the United States. The new team, owned by Kilmer Sports Ventures, will begin play in the 2026 season as the WNBA&#8217;s 14th franchise. Sephora Canada is the team&#8217;s first announced founding partner. Larry Tanenbaum, Chairman of Kilmer Sports Ventures and a 30-year veteran of building championship-caliber teams, is also Chairman of the NBA Board of Governors and Chairman of Maple Leaf Sports &amp; Entertainment, which owns the NBA&#8217;s Toronto Raptors, NHL&#8217;s Toronto Maple Leafs, MLS&#8217; Toronto FC and other professional sports franchises. Under his leadership, the Raptors won their first\u00a0NBA championship in 2019.<\/p>\n<p>SOURCE Toronto Tempo<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=TO31615&amp;Transmission_Id=202503031200PR_NEWS_USPR_____TO31615&amp;DateId=20250303\" style=\"border:0px; width:1px; height:1px;\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"One of sport&#8217;s greatest champions joins Canada&#8217;s first\u00a0WNBA team&#8217;s ownership group TORONTO, March 3, 2025 \/PRNewswire\/ &#8211; Serena&hellip;\n","protected":false},"author":2,"featured_media":377673,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[99,434],"class_list":{"0":"post-377672","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-wnba","8":"tag-sports","9":"tag-wnba"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/377672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=377672"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/377672\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/377673"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=377672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=377672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=377672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}