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Serena Williams Named In WNBA’s Toronto Tempo Ownership Group

Written by on March 4, 2025

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Serena Williams has been away from the game of tennis for just three years, but she’s now making new moves in the world of sports. The WNBA’s latest team, the Toronto Tempo, shared in a press release that Serena Williams has joined an ownership group for the organization.

On Monday (March 3), the WNBA’s website Team News section shared the official press release of the Toronto Tempo.

From the press release:

I am thrilled to announce my ownership role in the first Canadian WNBA team, the Toronto Tempo,” said Serena Williams. ‘This moment is not just about basketball; it is about showcasing the true value and potential of female athletes – I have always said that women’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.

Williams joins an ownership group along with Larry Tanenbaum, Chairman of Kilmer Sports Ventures. The press release also noted that Williams made her professional debut in Canada and her inclusion the ownership group was met with glowing marks from Tempo team president, Teresa Resch.

“Serena is a champion,” Resch shared. “She’s the greatest athlete of all time, and her impact on this team and this country is going to be incredible.”

Resch added, She’s set the bar for women in sport, business and the world – and her commitment to using that success to create opportunities for other women is inspiring – we’re thrilled to be marking the lead-up to International Women’s Day with this announcement.”

Williams will also have some input into jersey designs and will also help the club’s visibility in other ways during her tenure in the ownership group.

Tanenbaum echoed Resch’s statement and made mention of Williams’ image and influence and how it lines up with the mission of the Tempo.

“Serena Williams is an icon, a role model and a force for change in the world” Tanenbaum said. “She’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 – we couldn’t be more honoured to have Serena in our court.”

The league still needs to approve Williams as an owner. The Toronto Tempo will have its first tip-off in 2025 at the Coca-Cola Coliseum

Learn more here.

Photo: Dia Dipasupil / Getty

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