'Champions' Tour Gains Poweshares As Title Sponsor

By Tennis Now Staff

Photo Credit: Courtesy of DKC News

Jim Courier - Powershares Tour renamed - NASDAQ

(April 26, 2012) -- Jim Courier and InsideOut Sports + Entertainment announced on Tuesday that the Champions Series tennis circuit has been renamed the PowerShares Series. The new sponsor, Invesco PowerShares, signed on for a multi-year agreement beginning in 2011 to become a title sponsor of the tour.

To commemorate the renaming, Courier was joined by a few other suits, including his InsideOut co-founding partner Jon Venison, at The Opening Bell ceremonies at the NASDAQ MarketSite in New York’s Times Square.

The PowerShares Series, which feature champion tennis players over the age of 30, will this year feature Andre Agassi, Pete Sampras, John McEnroe, Jim Courier and other Grand Slam winners competing in twelve one-night tournaments across the United States in the fall. Each PowerShares Series tournament will showcase four of the legendary players playing in two, 1-set semifinals followed by a 1-set championship match.

“We look forward to a fantastic season of PowerShares Series tennis,” said Venison. “With legendary players competing across the United States this fall, PowerShares Series events will bring top flight tournament tennis and star power to the greatest sporting arenas in the country.”

The champions will compete for a prize pool totaling $1 million to be shared by the top three finishers at the conclusion of the season. Pete Sampras finished the 2011 season as the top-ranked player, followed by Jim Courier and Andre Agassi.

Event details, including ticket information, player fields, dates and venues, will be announced this summer.