Universal Tennis, the Company behind the global tennis rating system UTR Powered by Oracle, has announced a new strategic investment and partnership with TEAM8, a leading sports and entertainment company owned by Roger Federer, Tony Godsick, Ian McKinnon and Dirk Ziff. TEAM8, the creator and principal owner of the exciting new Laver Cup tennis competition, is joined by additional significant investors participating in this financing including Blue Ridge Capital’s founder John Griffin, and existing shareholders Mark Hurd, CEO of Oracle, and Mark Leschly, Chairman and CEO of Universal Tennis.
Get ready for the inaugural Racquet & Paddle Sports Conference, to be held Jan. 23-25 in Orlando, Fla., incorporating an expanded Tennis Owners & Managers Conference. The new racquet sports event will be co-located with the PGA Merchandise Show at the Orange County Convention Center and will include an Innovation & Tech Demo Event at the USTA National Campus in Lake Nona.
Chris Renner, the new CEO of World TeamTennis, is also the newest member of the TIA Board of Directors. Renner joined WTT in July, taking over from longtime CEO Ilana Kloss.
The Tennis Industry Association will present special sessions on commerce and retailing in conjunction with the 11th annual Tennis Forum, held in New York City next week. The sessions will be on Tuesday, Aug. 28, at the Grand Hyatt New York, starting at 9 a.m.
The total value of the U.S. tennis economy grew by just over 1% last year, crossing the $6 billion threshold for the first time. The data is from the Tennis Industry Association’s annual “Economic Index,” created to evaluate the total worth of the U.S. tennis industry to the overall economy. The 2017 index value measured 110, the highest since the Tennis Economic Index value was first released in 2008.
Do you have an innovative product or service for the tennis industry? Apply now for the fourth edition of the popular Tennis Industry Innovation Challenge, which will take place during the inaugural Racquet & Paddle Sports Conference, to be held Jan. 23-25 in Orlando, Fla.
The USTA today announced that for the first time, broadcast coverage will be featured from all tournament courts – up to sixteen. All men’s and women’s singles and doubles matches, as well as mixed doubles matches, during the 2018 US Open are scheduled to be produced from Monday, August 27, through Sunday, September 9.
The USTA announced the names of 13 vocalists, ages 14 and under, who will perform patriotic-themed songs during the night sessions of the 2018 US Open and at Arthur Ashe Kids’ Day. The lineup for this year’s US Open will feature a new slate of talent from throughout the New York tristate area, as well as from Florida, Illinois and Michigan to name a few.
The International Tennis Hall of Fame (ITHF) has announced that for the first time in its 64-year history, fans will have the opportunity to vote for the incoming class of Hall of Famers. Fan Voting is the International Tennis Hall of Fame's newest initiative to bring global sports fans across the world closer to the sport of tennis, its history, and the Hall of Fame.
The tennis industry will come together on Monday, Aug. 27, at the 11th annual Tennis Industry Association (TIA) Tennis Forum, which will be at the Grand Hyatt New York from 8 to 9:30 a.m. The Tennis Forum will include the latest news and research about the state of the tennis industry, business insights, updates on grow-the-game initiatives including the U.S. Tennis Association’s Net Generation, and recognition of the 2018 Tennis Industry Hall of Fame inductees.