Toronto has been awarded the WNBA’s first franchise outside the United States, with the expansion team set to begin play in 2026.
Larry Tanenbaum-led Kilmer Sports Ventures is paying $115 million for the team. Tanenbaum also is the chairman and a minority owner of Maple Leaf Sports and Entertainment, the Toronto sports giant that also owns the NHL’s Maple Leafs and NBA’s Raptors along with Toronto’s MLS and Canadian Football League franchises.
“Growing internationally, I’ve been trying to think through next steps on a global platform,” WNBA Commissioner Cathy Engelbert told The Associated Press ahead of the official announcement Thursday morning. “It helps us reach new audiences and bring in new partners. The thing I love about going to another country is that the young girls and boys get to see professional basketball for women is important, too.”