The American exhaustion Serena Williams announced Monday that it was made of a participation in the Toronto Tempo, the WNBA Women’s Professional Basketball League team that will begin to compete in 2026.
In a WNBA statement, Williams, 43, highlighted the financial aspect of the operation by ensuring that women’s sport is a great opportunity for investors.
“This moment does not refer only to basketball. It is to show the true value and potential of female athletes. I have always said that women’s sport is an incredible investment opportunity, ”said the tennis player, considered one of the most important in history and winner of 23 major titles.
Neither WNBA nor Williams revealed the amount of participation in the Toronto Tempo.
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In May 2024, the WNBA announced that it had decided to grant Toronto a Franchise of the Women’s League. The team, the fourteenth of the League, was granted to the company Kilmer Sports Ventures, owned by the Canadian billionaire Larry Tanenbaum, president of the Maple Leaf Sport and Entertainment Administration Board (MLSE).
MLSE controls among other teams the Raptors (NBA), Maple Leafs (NHL, the Professional Ice Hockey League), Toronto FC (MLS, the Professional Soccer League) and Argos (CFL, the Canadian American Professional League of North American Soccer), although Toronto Tempo is not linked to the Canadian sports giant.
According to Canadian media, Kilmer Sports paid 115 million US dollars to get the Toronto Tempo franchise.
With EFE information
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