Serena Williams just became an owner of Canada's new WNBA team

The Toronto Tempo just got a big boost.
Serena Williams is now a part-owner of Canada’s first WNBA team, the club announced today. The greatest women’s tennis player ever joins the Toronto ownership group, alongside Larry Tanenbaum.
“I am thrilled to announce my ownership role in the first Canadian WNBA team, the Toronto Tempo,â Williams said in a media release. “This moment is not just about basketball; it is about showcasing the true value and potential of female athletes â I have always said that womenâs 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.â
The team said Williams will “contribute to bringing the Tempo to life visually,” including playing an active role in future jersey designs and merchandise collaborations.
New court, new game đ
Weâre thrilled to announce that @SerenaWilliams â legendary tennis
pro â has joined the team as the newest owner of the Toronto Tempo. pic.twitter.com/kRPYNvdoya— Toronto Tempo (@TempoBasketball) March 3, 2025
âSerena is a champion,â said Tempo president Teresa Resch. âSheâs the greatest athlete of all time, and her impact on this team and this country is going to be incredible. Sheâs set the bar for women in sport, business and the world â and her commitment to using that success to create opportunities for other women is inspiring â weâre thrilled to be marking the lead-up to International Womenâs Day with this announcement.â
âSerena Williams is an icon, a role model and a force for change in the world,â Tanenbaum added. âSheâs 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 â we couldnât be more honoured to have Serena in our court.â
The Tempo will play their inaugural WNBA season in 2026, with home games at the Coca-Cola Coliseum in Toronto. The team has promised to play regular season games across Canada, though, including Vancouver and Montreal.
âWe canât wait to settle into our home at Coca-Cola Coliseum,â Toronto GM Monica Wright Rogers said recently. âBut weâll also be bringing this team to Montreal and Vancouver as part of our mission and our mandate to represent all Canadians. This is so much more than a team. Itâs a movement to grow the game of womenâs basketball in Canada.â
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