Reported 5 months ago
The WNBA has awarded a franchise to Toronto, marking the league's first team outside the US. Canadian billionaire Larry Tanenbaum's firm, Kilmer Sports Ventures, will invest $115 million to bring the team to Toronto for the 2026 season. Tanenbaum, known for his sports and real estate ventures, sees this move as an opportunity to expand the league's audience in Canada. Despite initial rejection by Maple Leaf Sports & Entertainment Ltd., Tanenbaum's decision aligns with the WNBA's growing popularity and potential long-term value.
Source: YAHOO