INDIAN WELLS, Calif.—On a warm Monday night at the Indian Wells Tennis Garden, Mylan World Team Tennis (WTT) celebrated its 40th birthday. Hosted by league co-founder Billie Jean King and CEO/commissioner Ilana Kloss, attendees included dozens of players from all of the league’s five decades, including Roy Emerson, Chris Evert, Lindsay Davenport, and Andy Roddick. Fitting indeed that WTT would mark this occasion at the venue of the BNP Paribas Open, the spectacular dual-gender tournament that’s also turned 40 this year.

If in ways big and small each of us is formed by the decade we were born in, consider that these two properties—and make no mistake, this story is as much about real estate as tennis—began in the game’s Wild West era, the 1970s. These were the early years of Open tennis, a period teeming with so much tumult that to decode all that happened you’d need a team of political scientists, economists, and sociologists. Though both league and tournament began with a splash, as early as age five each was threatened with extinction, and not for the only time.

The common thread between these two: A pair of windmill-tilting leaders born within three months of one another. It’s intriguing to note that King and Pasarell were the top-ranked Americans in 1967, the final year of tennis’ amateur era. Having played well into their 20s during the days when players were paid under the table and tournaments were mostly held at genteel clubs, King and Pasarell raged with a desire for tennis players to earn a legitimate living. When the sport went open in 1968, they stormed the gates, King the star of the fledgling women’s tour and the creation of the WTA in 1973, Pasarell among the founders of a player’s association that by 1972 would be christened the ATP.

Tennis’ territories were in disarray. That’s hard to believe given their current status, but through much of the ’70s the four majors were scarcely omnipotent. Nary a top player went to Australia. Roland Garros’ mix of facilities and prize money was at best second-rate. The U.S. Open was clearly getting too big for its old-school and old-money facility in Forest Hills. Even Wimbledon suffered, the depth of its men’s field in 1972 and ’73 gutted by political factors. Said King, “In those years it was about building the tour and creating opportunities.” So long, country club days. Hello, arena nights.

World Team Tennis began in 1974, a 44-match season—yes, 44—that ran from May to August with a break for Wimbledon. From ’74 to ’78, the lineups were rich, featuring such stars as Rod Laver, John Newcombe, Jimmy Connors, Bjorn Borg, Ilie Nastase, Martina Navratilova, Evonne Goolagong, Virginia Wade, Evert, and, of course, King. Less than a decade earlier, King and her mates had competed in white clothes and struck white tennis balls. Now, in the Technicolor ’70s, everything exploded.

From the start, World Team Tennis became the sport’s de facto innovation center for such new approaches as vocal fans, roving umpires, multi-colored courts, glittery outfits, music on changeovers, playing service lets, no-ad scoring, and on-court coaching. Experimentation, community, and access quickly became the league’s watchwords. Said Kloss, “We’re small, we’re nimble, we can try things, see if they work and if they don’t, quickly try something else.”

But by the end of the 1978 season, despite such wealthy owners as future Los Angeles Lakers head Jerry Buss and current New England Patriots honcho Bob Kraft, the league’s business model had toppled. There was no WTT season in 1979 or 1980.

1980 was also a pivotal year in the history of what is now called the BNP Paribas Open. The Palm Springs-area tournament had begun in 1976, an ATP-run event that from the start showed considerable promise. Held that first year in Rancho Mirage at Mission Hills Country Club, the first field included stars Laver, Borg, and Connors. By 1980 it also boasted an impressive $250,000 purse.

The winner turned out to be the weather. The 1980 tournament was gutted by a massive flood that forced all play to be cancelled at the semifinal stage. The ATP contemplated ditching it once and for all. “People thought the desert wasn’t the place to have a tournament,” said Ray Moore, a former pro, ATP board member throughout the ’70s and current BNP Paribas Open CEO. “But Charlie had vision.” Pasarell, Moore noted, made persuasive comparisons to such locales as Augusta, Georgia, the small town that hosted golf’s incredibly successful Masters tournament.

By 1980, Pasarell had been living in the desert for several years. An ATP board member, he delicately grabbed control of the event and knew that to some degree he’d have to compete to some degree for player and public attention with nearby tour spots in Las Vegas, Los Angeles, and San Francisco. Pasarell next took a step that would chart the tournament’s destiny: He moved it to a new venue, the La Quinta Hotel. The point here wasn’t that La Quinta was the perfect spot. The point was the recognition that tennis events went hand in hand with real estate, construction, and a certain financial accountability that was vital to meet the growing prize-money demands of players—and the increasing number of fans flocking from all over the world to the desert.

Outgrowing La Quinta, Pasarell and Moore built a new facility—including a hotel—in nearby Indian Wells that opened in 1987. “Charlie knew he was going to need a first-rate stadium,” said Butch Buchholz, a former pro who in the course of his career has served as WTT commissioner, ATP executive director, and the founder/tournament director of the Miami Open dual-gender event played in Key Biscayne, Florida.

By 1990, when the ATP reinvented the tour, creating a new calendar and hierarchy of tournaments, Indian Wells earned designation as what was informally dubbed the “Super Nine” and is now known as a Masters 1000 event—the level of tournament just below the Grand Slams. By 2014, all of the other events in the western U.S. had vanished.

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Bit by bit, WTT also figured out a way to sustain itself. The 1981 season was much shorter and featured just four teams, all located in California. More pointedly, instead of each owner competing with each other in a free-agency environment, player contracts were handled strictly by the league. By the ’90s and ’00s, what WTT calls “marquee” players—such as Connors, Navratilova, the Williams sisters, Roddick, and many others—also got in on the action.

If not commanding as much of the tennis calendar as it had in the ’70s, WTT continued to serve its purpose in sharpening the skills of certain players in certain ways. Connors’ great run at the ’91 U.S. Open was preceded by a summer playing World Team Tennis. Roddick, currently part of the Austin Aces ownership group, loves the cross-generational aspect. In the summer of 2000, when Roddick was 17, he played an entire season for Boise. “Everyday I got to play guys in the Top 150,” said Roddick. “That was huge for my confidence.” Within a year, Roddick had won his first ATP World Tour singles title. “And now,” he said, “I’m the one up against younger players trying to show them I can play.”

Said Evert, “It’s interesting how often when there’s an upset at the U.S. Open, or a young player making her way up the ranks, you’ll see that she played World Team Tennis.” Such was the case with rising star Madison Keys, who at the age of 14 beat Serena Williams in a WTT match.

King and Kloss also noted that as more events have left North America, WTT plays a role in helping bring tennis to the people. “To see it up close is what really gets a player excited about the game,” said King. Roddick’s first experience watching pro tennis came when he attended a World Team Tennis match in San Antonio starring Connors. “It’s that 14-year-old who comes to the tennis and sees it that way who’s going to stay in the game,” said Kloss. “We know this because we were all that kid.”

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But just like a tennis player grubbing through a match, neither Indian Wells nor WTT can ever feel completely comfortable. Soon after Pasarell and Moore relocated in 2000 to yet another new venue—the current spot, known as the Indian Wells Tennis Garden—their world was rocked. A sponsorship deal the ATP had arranged with a sports marketing firm called ISL had disintegrated, costing each of the “Super Nine” millions. The events of 9/11 further rocked the sponsorship economy.

And while the tournament was popular, aided even more by the combined presence of men and women beginning in 1996, for the rest of the year the big new stadium was hardly a profit center. For much of the 2000s, rumors flew that the tournament would relocate to such spots as China or the Middle East. Then came a savior in the form of billionaire Larry Ellison.

Introduced to Moore and Pasarell by ex-pro Sandy Mayer, Ellison purchased the tournament in late 2009. While Pasarell left the event in 2012, Moore has remained, overseeing such innovations as Hawk-Eye on every court, the opening of a new stadium, and current plans for yet another arena.

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So what impact has each entity had on the sport? Indian Wells and WTT each draw on one of the sport’s most unique and appealing aspects: Men and women competing at the same venue. Indian Wells has followed the more familiar route of creating a tournament. Following current trends, growth will continue and attendance numbers will rise each year as Moore and Ellison try to walk the line between scope and intimacy, access and affordability.

World Team Tennis will likely continue as an incubator of ideas and community engagement, as demonstrated by such leaders as Mark Ein, owner of the Washington Kastles team that has won the last four championships and along the way captured the imagination of President Obama and First Lady Michelle. But perhaps, in the same way the Olympics has been a catalyst for tennis’ growth in many countries around the world, WTT’s impact reaches deeper. No form of recreational tennis is more popular than league play. And just imagine how much more popular and presentable college tennis would be if men and women competed in a one-court format like that in WTT.

Those who’ve known King and Pasarell since adolescence often describe each as dreamy, prone to gazing skyward and speaking far into the future. What inspires this sensibility? Nature is impossible to gauge. Nurture easier. King’s populist spirit of inclusion was sharpened in the Ivy League of tennis sections, Southern California, the young Billie Jean Moffitt at once witnessing (and becoming) one of the best players in the world but also well aware that she was at heart a jock with a blue-collar background. Said King, “I’ve always wanted to bring this game to as many people as possible.” Pasarell grew up in Puerto Rico, raised in a wealthy patrician family.

Taught to play by a prominent instructor originally from Southern California, Welby Van Horn, Pasarell’s best friend Arthur Ashe had often described his mate’s strokes as “textbook.” The signature shot in Pasarell’s game: A full-bodied and expansive service motion, complete with a major hip turn and fueled by Pasarell’s willingness to strike big and bold—all you’d expect from a man who’d launch a tournament now considered the unofficial fifth Slam. Said Donald Dell, the first significant tennis agent who worked closely with Pasarell, Ashe, and Stan Smith (Connors and Roddick were also clients), “Charlie believed in the event. He had the guts to dream and dream big.”

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Each dreamer subsequently shared and delegated much leadership to supremely agile people. Kloss and Moore are both South Africans, each having come of age less in a nation of dreams and more one of political pragmatism. All the delicate diplomatic skills these two sharpened growing up amid apartheid have made them exceptionally competent in navigating the thickets of tennis. For what it’s worth, as pros Kloss and Moore were each known for superb shot selection and rarely making an unforced error.

Far beyond the politics and the economics is the tennis itself and the sport’s sober realities. One year a friend of King’s watched a men’s semifinal with her at Wimbledon. Seven days later the two met at a World Team Tennis match. When King was asked to juxtapose the most regal venue in tennis with a court that had just sprung up in a shopping center parking lot, this woman who’d started on the public courts Southern California and gone on to win a record 20 Wimbledon titles issued a simple response: “Competition is competition.”

A child of the tennis boom ‘70s, Joel Drucker was 14 when he attended a Los Angeles Strings World Team Tennis match during the league’s first year, 1974. He began covering the BNP Paribas Open in 1983 when it was played at La Quinta.