The WNBA could soon be establishing a new franchise in Toronto.
According to CBC Sports, Billionaire Larry Tanenbaum is pursuing a WNBA expansion team for the city. While Tanenbaum is a minority owner and chairman of Maple Leafs Sports and Entertainment, he is reportedly seeking to form a WNBA team without the MLSE group, which owns the Maple Leafs, Raptors, TFC, Argos and Marlies.
Instead, he is seeking the team through his holding company, the Kilmer Group.
A meeting with WNBA leadership to discuss the bid is expected, with an announcement coming as soon as May.
“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 spokesperson for the league said.
Similarly, the Kilmer Group would not provide further comment on the report.
“Larry Tanenbaum has spent his career building and growing iconic sports franchises,” they said in a statement. “He knows that Toronto has some of the greatest sports fans in the world and is always looking for opportunities to champion professional sports and deliver unrivaled fan experiences in the city he loves. Kilmer will not respond to speculation or provide further comment at this time.”
Back in May of 2023, commissioner Cathy Engelbert had said that Toronto was on a shortlist of 10 cities the league was looking at for expansion after the WNBA played a sold-out WNBA preseason game at Scotiabank Arena.
But Edward Rogers, who is chairman of Rogers Communications, which owns 37.5% of MLSE, reportedly opposed the bid.
In October of last year, the WNBA awarded the NBA’s Golden State Warriors the league’s 13th franchise. Another team was expected to be announced in Portland, before the bid was put on hold due to arena issues.
According to Engelbert, the league aims to have 14 teams by 2025.
The CBC reported that Tanenbaum is looking at Coca-Cola Coliseum on Toronto’s Exhibition grounds as a potential venue for the team. Home to the Marlies of the AHL, the arena has a capacity of roughly 8,000.
Tanenbaum is also considering building a practice facility that would also serve as a home training center for the men’s and women’s national teams.