A group led by Toronto billionaire Larry Tanenbaum will bring a new WNBA franchise to Canada, CBC Sports reported early this morning.
Set to begin play in 2026, the team will be owned and operated by Tanenbaum's Kilmer Sports Inc. Tanenbaum is a minority owner and chairman of Maple Leaf Sports & Entertainment, which owns the Toronto Maple Leafs, Raptors, Toronto FC, Argos, and Marlies. He originally explored an expansion team via MLSE, but was turned down by other members of the board.
The Toronto addition will be the WNBA's 14th team. It follows the Bay Area's WNBA Golden State, which will debut in 2025.
An official announcement is expected May 23rd in Toronto, according to reports.
"We continue to engage in productive conversations with interested ownership groups in a number of markets but have no news to report at this time," a WNBA spokesperson said in a statement. Tanenbaum's Kilmer Sports group, meanwhile, told CBC Sports that his organization has “no update at this time.”
In April, commissioner Cathy Engelbert said that Toronto was among the cities being considered for WNBA expansion.
The WNBA has a growing footprint in Canada, as the league's held wildly successful exhibition games north of the US border for the last two seasons.
In 2023, a preseason matchup between Chicago and Minnesota sold out Toronto’s 19,800-capacity Scotiabank Arena. This past Saturday, the league drew more than 16,000 fans to Edmonton for a preseason showdown between LA and Seattle.
The Toronto team will reportedly play at Coca-Cola Coliseum, an 8,000-seat arena which is currently home to the Marlies as well as Toronto’s PWHL franchise.