Mylan World Team Tennis co-founder Billie Jean King sold her a majority ownership stake of the league to Mark Ein and Fred Luddy, the league announced on Monday. Ein is the founder and owner of the Washington Kastles and Luddy is the owner of the San Diego Aviators.
“After 42 seasons of World TeamTennis, Ilana (Kloss) and I feel this is the time to pass the baton to Mark Ein and Fred Luddy, and entrust the legacy of WTT as an innovative force in tennis to them and their team,” said King. “I will continue to be part of the league as a minority owner and as the owner of the Philadelphia Freedoms, and I am confident the league will continue to grow and prosper under Mark and Fred’s leadership.”
Ein and Luddy will use their strong entrepreneurial background to continue to expand the league, and bring tennis events to new markets across the country.
“This is such a fabulous product, some of the best men and women players in the world forming a team combined with a forward-thinking scoring system and high energy atmosphere, the opportunity for growth is phenomenal,” said Fred Luddy. “We look forward to building on this wonderful legacy.”
King founded WTT in 1974 based on her philosophy for gender equality and has been running continuously for over 40 years.
The 2017 season runs from July 16-August 5 and will feature prominent players such as Venus Williams, Andy Roddick and Martina Hingis.
Sports business professor Rick Horrow sits down with Arlington mayor Jeff Williams to talk about growth and value.
By Rick Horrow
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The latest viral sensation stems from Drake's new song 'In My Feelings' and it's breaking the internet. There's something about these challenges that interest the sports world and professional athletes themselves.
Remember when the Miami Heat released their Harlem Shake music video? This viral sensation would be the start of many more to come.
A year later, in 2014, the ALS Ice Bucket Challenge took center stage. The New York Jets released their music video after being nominated by the Jimmy Fallon from The Tonight Show and the New England Patriots.
In March of 2016, the “Running Man” was created after University of Maryland basketball players Jared Nickens and Jaylen Brantley posted an Instagram video dancing to Ghost Town DJ's 1996 classic "My Boo".
Then came the Mannequin Challenge, where people remained frozen while “Black Beatles” by Rae Sremmurd played in the background. The New York Giants joined in on the fun from their locker room.
This year's craze all began when social media star @TheShiggyShow posted a video interpreting Drake's lyrics through dance moves.
Upper Marlboro, Md. native and DeMatha Catholic High School alum Victor Oladipo posted his challenge on Instagram Tuesday.
Oladipo just continues to show he is a true renaissance man. First showing off his vocals at last month's NBA Awards and now this. That man is one smooth cat.