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Tennis legend Serena Williams joins WNBA expansion team Toronto Tempo as part owner
Majority owner Larry Tanenbaum says he ‘couldn’t be more honoured’Serena Williams, the 23-time major champion who is considered by some the greatest tennis player of all time, is joining Tempo ownership, the WNBA team announced on Monday.

“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,” Williams said in a press release.

Also part of the Tempo leadership group is president Teresa Resch, who left her previous gig with the Toronto Raptors on March 4, 2024.

Now, almost one year later, her newest co-worker is Serena Williams.

“It feels real now, doesn’t it?” Resch, who was officially named president in May, told CBC Sports.

Williams joins Larry Tanenbaum, the chairman of Kilmer Sports Ventures, which controls the team, as Tempo owners.

Tanenbaum was previously a 25 per cent owner of Maple Leafs Sports and Entertainment, which owns the NHL’s Maple Leafs, NBA’s Raptors, CFL’s Argos and MLS’ Toronto FC. He has since sold some of his shares in the company but remains chairman of its board of governors for now.

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