The Business of Tennis

Serena and Venus Williams purchase stake in Tiger Woods' new golf venture

By Baseline Staff Jun 14, 2023
The Business of Tennis

Coco Gauff recorded the third-highest earning season ever for a female athlete

By Stephanie Livaudais Dec 21, 2024
The Business of Tennis

Serena Williams: ‘I would have had 30’ Slams if I didn’t have to play Venus (and she would've had at least 15)

By Liya Davidov Dec 18, 2024
The Business of Tennis

Aryna Sabalenka, Coco Gauff, Iga Swiatek top women’s prize money leaders for 2024

By John Berkok Dec 12, 2024
The Business of Tennis

Matteo Berrettini signs with IMG and IMG Models for representation

By Baseline Staff Dec 12, 2024
The Business of Tennis

Nine of the Top 15 highest-paid female athletes in 2024 were women’s tennis players

By Stephanie Livaudais Dec 06, 2024
The Business of Tennis

A new tradition? Charlotte Sports Foundation brings Carlos Alcaraz-led exhibition to town

By Matt Fitzgerald Dec 06, 2024
The Business of Tennis

Rafael Nadal’s retirement ceremony was based on what he wanted, tennis officials say

By Associated Press Nov 25, 2024
The Business of Tennis

Jannik Sinner surpasses 30 million dollars in career prize money after winning ATP Finals

By John Berkok Nov 18, 2024
The Business of Tennis

ATP Finals contract with Italy extended for five more years to 2030, with location ‘under evaluation’

By Associated Press Nov 18, 2024
The Business of Tennis

Serena and Venus Williams purchase stake in Tiger Woods' new golf venture

The sisters, and Serena's husband and daughter, are the new owners of the Los Angeles Golf Club.

ByBaseline Staff

Published Jun 14, 2023

WATCH: Serena Williams returns to Paris | The Break

Advertising

Fore! The most successful sister act in tennis is now turning its attention to golf. Earlier this week, it was announced that Serena and Venus Williams will join the ownership group of the Los Angeles Golf Club, the first of six teams in the TGL, a new venture by PGA pros Rory McIlroy and Tiger Woods and their agency, TMRW Sports.

TGL, also in partnership with the PGA Tour, is expected to launch in 2024. An innovative, virtual golf competition, it will feature six teams of PGA players going head-to-head in 18-hole match play on a virtual course. Matches will be played on Monday nights during the PGA season, with semifinal and final matches eventually crowning the champion.

The sisters will be joined in LAGC ownership by Alexis Ohanian, Serena Williams' husband, their 5-year-old daughter, Alexis Olympian Ohanian, Jr.; and eventually, their second child. The couple announced Williams' pregnancy last month at the Met Gala.

Players who've committed to competing in TGL, in addition to McIlroy and Woods, include Rickie Fowler, Justin Rose and Adam Scott, and the event has scored a star-studded group of investors outside of Ohanian and the Williams sisters, too. NBA players Stephen Curry, Andre Iguodala, Shaquille O'Neal, Dwyane Wade and Kevin Durant; Formula One driver Lewis Hamilton and women's soccer player Alex Morgan; MLB players Shohei Ohtani and Mike Trout; Buffalo Bills quarterback Josh Allen; WNBA player Diana Taurasi; and Justin Timberlake are among those who've committed.

“We all know what it’s like to be in a football stadium or a basketball arena where you can watch every play, every minute of action unfold right in front of you,” Woods said upon the announcement of the competition last year, per CNN. “It’s something that inherently isn’t possible in traditional golf–and an aspect of TGL that will set it apart and appeal to a new generation of fans.”

In addition to their newest business venture, more traditional greens were also front and center for the Williams sisters this week: On Tuesday, Venus Williams made her return to WTA tennis for the first time in five months, losing to 17-year-old Swiss player Celine Naef in the first round of the WTA 250 in 's-Hertogenbosch. Serena Williams was among the fans in the crowd cheering her on.

Advertising