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Forbes Daily Briefing

Love And Money: Why The Girlfriends Of Top Tennis Players Are Making Millions

Forbes Daily Briefing

Forbes

News, Tech News, Business

4.418 Ratings

🗓️ 26 August 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

Paige Lorenze, Morgan Riddle, Ayan Broomfield and others dating tennis pros are signing up as many sponsorship deals as their romantic doubles partners. Inside the lucrative racket that advertisers can’t resist.

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Transcript

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0:00.0

Here's your Forbes Daily Briefing for Monday, August 26th.

0:05.0

Today on Forbes Love and Money

0:08.0

Why The Girlfriends of Top Tennis Players Are Making Millions For many professional tennis players are making millions.

0:13.0

For many professional tennis players, the U.S. Open represents the busiest few weeks on the calendar.

0:19.0

Given the proximity to deep-pocketed American brands, it's a chance to schmoo's current sponsors

0:24.9

at events off the court and attract new ones with stellar play in front of thousands of

0:29.6

fans in New York, plus millions more on TV.

0:33.5

But in a handful of cases, the players aren't even the busiest people in their own camp.

0:39.5

Paige Lorenz, a social media creator and entrepreneur who has been dating American star Tommy Paul since

0:45.8

22 says quote I have probably as many brand deals as Tommy does during the US

0:51.6

open the 26 year old Lorenz deals as Tommy does during the US Open.

0:53.0

The 26-year-old Lorenz says she expects to post on social media or appear at events for more than 15 sponsors over the next two weeks,

1:02.0

as well as host a pop-up event for her own clothing brand, Dairy Boy.

1:07.0

Lorenz is one of many tennis world influencers experiencing a breakthrough year as brands attempt to reach audiences that aren't traditional

1:14.8

sports fans.

1:15.8

Lorenz estimates that her followers, nearly 700,000 on Instagram, are around 80% female, and that only 10 to 15% are tennis fans.

1:26.8

The trend holds across many sports, especially in the cases of professional athlete partners

1:31.9

including Kiley Kelsey, Aisha Curry, and a handful of

1:35.4

soccer and Formula One wives and girlfriends. But it's tennis that has the greatest appeal to marketers

1:41.3

because of its year-long globetroting schedule, its historic

1:45.0

association with affluent consumers, and the tradition of including cutaways

1:49.0

to the players box as part of national TV broadcasts.

...

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