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TGL Team Owned by Serena Williams Secures Nearly $90M Investment

TGL Team Owned by Serena Williams Secures Nearly $90M Investment

Summary

The Los Angeles Golf Club, owned by Alexis Ohanian and others, has received a significant investment estimated at nearly $90 million from Ilitch Sports + Entertainment. This investment is part of the expanding TGL league, where famous golfers like Tiger Woods and Rory McIlroy will participate. The league is also exploring new franchises and launching a possible women's league to grow the sport.

Key Facts

  • The Los Angeles Golf Club secured a major investment, estimated at about $90 million.
  • Ilitch Sports + Entertainment invested in the club and will also handle sponsorship and operations.
  • Alexis Ohanian and Serena Williams, along with other notable figures, are investors in the Los Angeles Golf Club.
  • TGL is featuring well-known golfers, including Tiger Woods and Rory McIlroy.
  • The league is filing trademarks for possible new teams in Texas and Chicago.
  • TMRW Sports, the parent company of TGL, is considering launching a women's golf league.
  • The potential launch of the WTGL aims to transform women's golf, with support from well-known investors and athletes.
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