The annual award takes in performances on the regular Tour and grand slams.
Wimbledon champion Djokovic takes the men's prize for the fourth time having won seven titles this season and the year-end top ranking for the third time in four years.
Williams wins the award for the fifth time in a career which has brought her 18 grand slam singles titles -- the most recent at this year's U.S. Open.
"I'm so honored to be named ITF World Champion for the fifth time. This was a year of challenges and triumphs, so to win another Grand Slam and retain my year-end No. 1 ranking is an accomplishment I'm very proud of," she said.
"I'm grateful to have the support of the tennis community in every way possible. I can't wait for 2015."
Americans Bob and Mike Bryan were named ITF men's doubles champions while Sara Errani and Roberta Vinci of Italy won the women's honour.
Given how hotly debated their rivalry has been it's impossible to imagine the two will not be compared way past their retirement. This is not like ANY other rivalry as the one unanimously considered to be the most talented tennis player ever is NOT winning. And that's if Nadal falls short of No. 17. If not, that super talented player WILL be losing.
Think that will light some fire under Federer to completely destroy Nadal post-tennis? That same fire will push Nadal if he fails to reach or pass 17.
Heck, if none of that happens there STILL will be enough there to evoke competition.
Regarding dynamic, think Nadal is the underdog now? Considering Federer's popularity and contacts worldwide, he WILL be expected as usual to thrash the unsophisticated and crude Nadal at EVERYTHING.
Nadal may have already thrown the gauntlet with the tennis academy that's opening in 2016. Wouldn't it be far easier for everybody if Federer starts one of his own too, if for nothing else just for the bananas to bananas comparison so we can arrive at a far truer result? Besides, graduates from each location will further extend the fight - without the two facing each other - on the tennis court. That will also eliminate the need to wait for Nadal to procreate - with or without the condom - so the next generation can duke it out. It DID happen with daughters of Ali and Frazier, after all.
What if Federer beats the crap out of Nadal in retirement - specially if it's as black and white H2H as tennis academy? Will that mitigate some of the hurt from being had so soundly and comprehensively on the court? Or just the mere possibility of not winning in a such truer contest produce fear of adding to the current misery thereby forcing him to opt for a far 'ambigious' match up?
Either way, the two clowns are NOT going anywhere just like Tom and Jerry.
.......Bottle sponsor? Accurate watch with alarms to keep moving? Short shorts - and tight?
Starting from the Fall 2015 season, the Spanish tennis player will be the global brand ambassador for Tommy Hilfiger underwear and Tommy Hilfiger Tailored collections. The first campaign starring Nadal will be shot in early 2015 in his native Spain, with the images breaking online and in print worldwide in autumn.
"Rafael Nadal has been a longtime personal friend and supporter of our brand, and I’m continuously inspired by his dedication and passion for his sport," said Tommy Hilfiger. "Rafael embodies an effortless sense of style that exemplifies and reflects our brand spirit – he’s confident, fun and cool."
Widely acknowledged as one of the sport's greatest players, at the age of 24 Nadal became the youngest athlete to complete the “Grand Slam” and is only the second male player in the world to have completed the 'Career Golden Slam' (winning the French Open, Australian Open, US Open, Wimbledon, and Olympic gold).
On the other side of the obesity scale is a grouping of economists, scientists and psychologists, with an obesity rate of 14.2%. Other professions with low obesity rates are athletes, actors and reporters.
If Federer, Nadal and Djokovic failed to bag the Calendar Slam, it's not freaking happening ever?
If Federer, Nadal, Djokovic, Murray coming together at one time couldn't boost worldwide interest in tennis to it's peak level, it's not freaking happening ever? Heck, there's a real possibility that the graph will dip FAR below it's ever been once these clowns leave?
If Wawrinka is still in 'touch' with Federer despite worldwide accusations of convoluted orientation, marriage, endless stream of twins, failed Annacone experiment, Mirka's weight.........it's not freaking happening ever?
If Nadal hasn't given up on-court coaching and delaying tactics despite global spotlight / rule reinforcement, it's not freaking happening ever? Heck, it will be the first chapter @ his academy.
If Sandy Hook incident couldn't move the needle on gun control, it's not freaking happening ever?
If nobody has married Serena yet, it's not freaking happening ever - given the impossible likelihood of her losing even a pound of weight ANYTIME? She is 33.
If Mirka hasn't lost any weight when the pre-poked condom did not even exist, it's not freaking happening ever?
If Woods has failed to pass Nicklaus, it's not freaking happening ever?
If Kobe failed to pass Jordan, it's not freaking happening ever? LeJames is too weak mentally?
If Nalbandian hasn't won a Slam yet,..............
If Stepanek has deflected the pre-poked condom syndrome so far,......................