Current:Home > StocksWNBA heads to Toronto with first international team as league expands -Zenith Investment School
WNBA heads to Toronto with first international team as league expands
View
Date:2025-04-12 14:12:04
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! (55519)
Related
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Fabric and crafts retailer Joann files for Chapter 11 bankruptcy protection: What to know
- Clemson University sues the ACC over its grant of media rights, exit fees
- March Madness as we know it could be on the way out amid seismic changes in college sports
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Federal Reserve may signal fewer interest rate cuts in 2024 after strong inflation reports
- Movie armorer challenges conviction in fatal shooting of cinematographer by Alec Baldwin
- Arizona lawmaker says she plans to have an abortion after learning her pregnancy isn’t viable
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- A Nebraska lawmaker faces backlash for invoking a colleague’s name in a graphic account of rape
Ranking
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- US women will shoot for 8th straight gold as 2024 Paris Olympics basketball draw announced
- How Bruce Willis' Family Is Celebrating His 69th Birthday Amid Dementia Battle
- Selling Sunset's Bre Tiesi Looks Unrecognizable With New Blonde Transformation
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Jon Rahm to serve up Spanish flavor at Masters Club dinner for champions
- Baby giraffe dies of a broken neck at Zoo Miami
- Watch this newborn chick revived by a quick-thinking farmer
Recommendation
B.A. Parker is learning the banjo
March Madness expert picks: Our bracket predictions for 2024 NCAA men's tournament
Minnesota Lynx to retire Maya Moore's No. 23 jersey potentially against Caitlin Clark
Princess Kate sightings fail to quell speculation about her health after photo editing scandal
Why members of two of EPA's influential science advisory committees were let go
The average bonus on Wall Street last year was $176,500. That’s down slightly from 2022
Rep. Cory Mills rescues 23 Americans, including Mitch Albom, from chaos in Haiti
Last suspect in Philadelphia bus stop shooting that wounded 8 is captured in Virginia