TGL Announces First Team Ownership Group: Alexis Ohanian Forms Los Angeles Golf Club, Joined by Serena Williams & Venus Williams

2023-06-08 23:17

LOS ANGELES--(BUSINESS WIRE)--Jun 8, 2023--

TGL, the new tech-forward, primetime, team golf league developed by Tiger Woods and Rory McIlroy’s TMRW Sports in partnership with the PGA TOUR, has announced the formation of its first of six team ownership groups with Seven Seven Six’s (776) founder Alexis Ohanian, Serena Williams, and Venus Williams. Their Los Angeles Golf Club (LAGC) will be the newest sports team to represent Los Angeles and will compete in TGL’s first season launching in January 2024. The announcement was made today by Ohanian and TGL CEO Mike McCarley.

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Underscoring a successful track record of building community, not only as the creator of Reddit and founder of 776, but also through sport, Ohanian is the principal owner and founding investor of L.A.’s NWSL juggernaut Angel City FC, which has shattered expectations in route to being named Sports Business Journal ’s Team of the Year in 2022, featured in HBO’s docu-series “ Angel City,” and ignited investment in women’s sports worldwide. After a competitive bid process, Ohanian has acquired the rights to a TGL team representing L.A., which will reflect the city’s rich sports culture, thriving technology scene, and diverse community.

“We’re honored to welcome Alexis, Serena, and Venus as one of TGL’s original six team ownership groups,” said McCarley. “Through his ownership of Angel City FC, Alexis has established himself as a trailblazer in the Southern California professional sports scene. In a very short period of time, Angel City has both planted strong roots in the community and built tremendous value. His deep passion for the projects he undertakes combined with his innovative thinking, strategic prowess, and demonstrated success in social media and tech-focused ventures, is important as we build towards the launch of TGL. Alexis and Serena have been a part of the TMRW Sports family as investors and their enthusiasm, along with Venus, for what we’re building with TGL has been infectious. Serena and Venus represent an important part of not just TMRW Sports and TGL’s mission of access to sports for kids and families, but also an important part of the spirit and purpose of LA Golf Club.”

“Los Angeles is the perfect home for our TGL team. This city embodies the intersection of sports, technology, and entertainment, making it an ideal backdrop for the innovation and excitement we aim to bring to the world of golf and its fans,” said Ohanian, founder, 776. “We see tremendous opportunities to leverage technology to bring golf closer to its fans and to provide an immersive and interactive experience that will captivate both seasoned golf enthusiasts and new fans. To wit, my wife Serena and I are delighted that Olympia has taken a liking to golf, so I’m proud to announce that they’re both owners in this club as well – as is the little one on the way! This is another piece of the legacy I’m building with my family, and I hope LAGC can become a part of many other families’ lives too.”

TGL is an innovative, new primetime golf league that fuses technology and live action with teams of PGA TOUR stars competing in a purpose-built arena in Palm Beach, Fla. across a season of matches starting in January 2024. Technology is a foundational element of TGL, offering fans a cutting-edge, shorter format presentation of team golf, featuring some of the PGA TOUR’s biggest superstars. Currently, 12 players committed to playing in TGL have been announced, including Tiger Woods, Rory McIlroy, Jon Rahm, Justin Thomas, Collin Morikawa, Matt Fitzpatrick, Justin Rose, Adam Scott, Xander Schauffele, Max Homa, Billy Horschel, and Rickie Fowler. With currently 5 of the top 10 players in the world, this initial list of committed players has won 28 major championships, 188 PGA TOUR wins, and collectively has ranked as the World No. 1 for 885 weeks.

Teams: Six teams of three PGA TOUR players in head-to-head, match play.
Tech-Forward Venue: A first-of-its-kind experience for golf enabled by a data-rich, virtual course paired with a tech-infused, short-game complex.
Tech-Enabled Fan Experience: High-energy, greenside fan experience with every shot live within a two-hour, primetime televised match.
Season: 15 regular season matches followed by semifinals and finals matches.

About Los Angeles Golf Club

The Los Angeles Golf Club (LAGC) is the inaugural team of TGL, the tech-forward, team golf league developed by Tiger Woods and Rory McIlroy’s TMRW Sports in partnership with the PGA TOUR. Embodying the dynamic spirit of Los Angeles, LAGC sets a higher standard of access by bringing the game of golf into the community and paving the way for a new generation of players, on and off the grass. Formed by Seven Seven Six owner Alexis Ohanian, joined by Serena Williams and Venus Williams, LAGC is uniting communities with cutting-edge technology and immersive experiences to deliver a one-of-a-kind journey under the banner of sport. For more information, please visit: LAGC.com.

About Seven Seven Six

Seven Seven Six (“776”) is a tech company that deploys venture capital founded by founder and investor Alexis Ohanian. Named for the inaugural Olympic games in the year 776 BCE, the firm is chiefly committed to discovering and investing in the broadest range of the greatest founders and equipping them with all the capital, technology resources and support they need. The firm is powered by the in-house developed operating system, Cerebro, designed to connect founders, streamline operations, and enable asynchronous workflows. 776 strives to be the most valuable investing partner to its portfolio companies, extending through the complete startup lifecycle, including its emphasis on founders’ health and well-being with its unparalleled 2% Growth & Caregiving pledge. For more information, please visit: sevensevensix.com.

About TMRW Sports Group: (pronounced “tomorrow sports”)

Founded by Tiger Woods, Rory McIlroy, and sports executive Mike McCarley, TMRW Sports is focused on harnessing technology to build progressive approaches in sports, media, and entertainment to create new pathways for the next generation to enjoy sports. TMRW Sports’ first project, TGL, is an innovative league launched in partnership with the PGA TOUR. TMRW Sports is supported by an all-star roster of athletes, celebrities, and business leaders from the worlds of sports, media, technology, and finance who make up a powerful and diverse investor group. TMRW Sports joins Woods’ TGR Ventures and McIlroy’s Symphony Ventures, and is led by McCarley, founder and CEO. For more, visit TMRWSportsGroup.com.

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CONTACT: TGL Media Contacts:

David Schaefer

SVP, Communications

David.Schaefer@TMRWSportsGroup.com

+46702877637 (mobile and WhatsApp)

407-429-8402 (U.S. mobile)Adam Freifeld

Communications Consultant

Adam.Freifeld@TMRWSportsGroup.com

917-597-7762LAGC Media Contacts:

Kayla Green

Head of Marketing

press@lagc.com

415-794-5891

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: APPS/APPLICATIONS TECHNOLOGY SPORTS ENTERTAINMENT OTHER TECHNOLOGY GOLF ONLINE GENERAL ENTERTAINMENT CELEBRITY

SOURCE: TMRW Sports Group

PUB: 06/08/2023 11:15 AM/DISC: 06/08/2023 11:15 AM

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