tennis.com.au sold for an estimated US$50k to US$70k
Tennis Australia, Australia's tennis governing body, announced that it bought the domain tennis.com.au for a "hefty fee", but "less than a six figure sum", from a Sydney-based domain investor group. The exact purchase price was not disclosed but is estimated to be in the upper five figures (Australian dollars), which amounts to approximately US$50,000 to US$70,000.
Defending the decision to do business with an unnamed Sydney-based domain investor group that had not actually used the domain for an active website, Tennis Australia CEO Steve Wood commented, "It's quite common, I might say, that domain names are bought and traded and so on. And we're very excited now that we've got that."
Congratulations to all the parties involved! Tennis.com.au is a top quality domain and certainly worth the purchase price. And the site looks quite impressive, too.
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a good investment at that price. surprising a TV or sports company did not have the foresight to bid higher and get it for their use.
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