InsideOut Sports + Entertainment announced on Friday that the Champions Series tennis circuit has been renamed the PowerShares Series. As the marketing agent for PowerShares QQQ Trust, an ETF based on the NASDAQ 100 index, Invesco PowerShares signed a multi-year agreement in 2011 to become the title sponsor of the InsideOut owned tennis tour.
The PowerShares Series will feature Andre Agassi, Pete Sampras, John McEnroe, Jimmy Connors, Jim Courier and other Grand Slam winners competing in twelve one-night tournaments across the United States this 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.
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 #1 ranked player, followed by Jim Courier and Andre Agassi.
Event details, including ticket in...