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Closing Bell

Andy Roddick, Venus Williams Take Stakes In World TeamTennis

Andy Roddick and Venus Williams will each own slightly less than 5% of World TeamTennis in a deal announced today. The duo are not paying for their stakes, but will market the summer league, make appearances and be full equity owners, meaning they are subject to cash calls. Roddick and Williams will own 5% each of World TeamTennis Int’l, which owns 75% of the eight-team league. The remainder is largely owned by the USTA. WTT Commissioner & CEO Ilana Kloss said she hoped to broaden the tennis player ownership model “down the road,” along with int'l expansion next year.

Roddick and Williams are longtime WTT competitors, and will be so again this summer.

SBJ Morning Buzzcast: March 18, 2024

Sports Business Awards nominees unveiled; NWSL's historic opening weekend and takeaways from CFP deal

ESPN’s Jay Bilas, BTN’s Meghan McKeown, and a deep dive into AppleTV+’s The Dynasty

On this week’s Sports Media Podcast from the New York Post and Sports Business Journal, ESPN’s Jay Bilas talks all things NCAA. Big Ten Network’s Meghan McKeown shares her insight into the Caitlin Clark craze. The Boston Globe’s Chad Finn chats all things Bean Town. And SBJ’s Xavier Hunter drops in to share his findings on how the NWSL is making a social media push.

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SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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