Current:Home > StocksWNBA heads to Toronto with first international team as league expands -FinanceMind
WNBA heads to Toronto with first international team as league expands
View
Date:2025-04-12 06:41:45
Toronto will now be the new home of a WNBA team, the first franchise outside of the United States. Today the Women's National Basketball Association announced it is expanding to Canada, awarding Toronto an expansion team set to begin playing in 2026. The team name has yet to be announced.
Toronto nearly received unanimous approval with the WNBA board voting 13-0 and the NBA board voting 29-1.The team will be owned and operated by Larry Tanenbaum-led Kilmer Sports Ventures, who paid $115 million for the team. Tanenbaum is also the chairman of Maple Leaf Sports & Entertainment, which owns the NBA's Toronto Raptors, NHL's Toronto Maple Leafs and the MLS' Toronto FC.
Speaking at the news conference today, Tanenbaum said women's sports have arrived. "Today is a game-changing day not only for women's basketball but also for sports in Canada," said Tanenbaum. "This franchise will be Canada's team, and we are so excited to unite the country and inspire pride and passion in fans from coast to coast."
Toronto is expected to play its home games at Coca-Cola Coliseum at Exhibition Place in downtown Toronto, which has 8,700 seats. Tanenbaum said the team will also play in Vancouver and Montreal. They also could have additional games at the Scotiabank Arena.
Toronto will be the WNBA's 14th franchise, as the Golden State Valkyries are set to start playing next season. "Bringing a WNBA team to Toronto represents an important milestone for our league as we continue to expand both domestically and outside the United States," said WNBA Commissioner Cathy Engelbert.
With support of women's basketball on the rise, several cities expressed interest in launching a team after the most recent draft class. With the league selecting Caitlin Clark as the No. 1 overall pick amongst LSU's Angel Reese and South Carolina's Kamilla Cardoso, there have been record numbers of viewership and attendance across the league. Engelbert said the league is expected to grow to 16 teams by 2028.
Teresa Resch, a former Toronto Raptors executive who has previously worked as the vice president of basketball operations and player development, is set to be named as the new team's president.
"It's official: Canada is getting a WNBA team! This landmark deal will give opportunities to our remarkable athletes across the country, and on the biggest stage," Canadian Prime Minister Justin Trudeau said in a statement. "I can't wait to see our Canadian women win on the court."
- In:
- WNBA
veryGood! (22342)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Every Bombshell From Secrets of Miss America
- It's back-to-school shopping time, and everyone wants a bargain
- Lawyers Press International Court to Investigate a ‘Network’ Committing Crimes Against Humanity in Brazil’s Amazon
- Former Syrian official arrested in California who oversaw prison charged with torture
- How Decades of Hard-Earned Protections and Restoration Reversed the Collapse of California’s Treasured Mono Lake
- It's back-to-school shopping time, and everyone wants a bargain
- Fox News hit with another defamation lawsuit — this one over Jan. 6 allegations
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- For the Third Time, Black Residents in Corpus Christi’s Hillcrest Neighborhood File a Civil Rights Complaint to Fend Off Polluting Infrastructure
Ranking
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Surprise, you just signed a contract! How hidden contracts took over the internet
- Larsa Pippen Traumatized By Michael Jordan's Comment About Her Relationship With His Son Marcus
- Bank of America to pay $250 million for illegal fees, fake accounts
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- The ‘Both Siderism’ That Once Dominated Climate Coverage Has Now Become a Staple of Stories About Eating Less Meat
- Got tipping rage? This barista reveals what it's like to be behind the tip screen
- Claire Danes Gives Birth, Welcomes Baby No. 3 With Hugh Dancy
Recommendation
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
How Asimov's 'Foundation' has inspired economists
Once Cheap, Wind and Solar Prices Are Up 34%. What’s the Outlook?
As meat prices hover near record highs, here are 3 ways to save on a July 4 cookout
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Should we invest more in weather forecasting? It may save your life
How Decades of Hard-Earned Protections and Restoration Reversed the Collapse of California’s Treasured Mono Lake
Pikmin 4 review: tiny tactics, a rescue dog and a fresh face