Toronto has been awarded the WNBA’s first franchise outside the United States, with the expansion team set to begin play in 2026.
The Larry Tanenbaum-led Kilmer Sports Ventures is paying $50 million for the team. Tanenbaum also is the chairman and a minority owner of Maple Leaf Sports and Entertainment, the Toronto sports giant that 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 said 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.”
Toronto will be the WNBA’s 14th franchise, with the expansion Golden State Valkyries set to start play next year.
“Our Toronto sports franchises are thriving, but we have been missing one critical piece — women’s professional sports,” Tanenbaum said. “The world is finally taking notice of something that’s been there all along — the immense talent, passion, and competition in women’s sports.
“So once again, I saw an opportunity and knew we were in the right place at the right time to bring Canada’s first WNBA team to Toronto. And now we have, making sports history.”
The Toronto team will play at 8,700-seat Coca-Cola Coliseum at Exhibition Place and will have the opportunity to move up to Scotiabank Arena on occasion. Opened in 1921, Coca-Cola Coliseum also is the home of the American Hockey League’s Toronto Marlies.
“Women’s sports is good business,” Tanenbaum said. “Just look around — it’s not a moment, but a movement, and it’s just the beginning. The investment that we’ll put into the franchise will also be no different than the other franchises.”
Tanenbaum said the team also will play some games in Vancouver and Montreal.
As far as the name of the team, he said that they’d take their time and “solicit public input.”
Kilmer Sports Ventures, created as a stand-alone company to operate the team, has committed to building a practice facility, but until that is ready, it will train at University of Toronto’s Goldring Centre for High Performance Sport.
Engelbert said WNBA exhibition games in Canada the last two seasons showed the passion of the fans in the country for women’s basketball.
“When I was up for the preseason game, Kia [Nurse] and I did a youth clinic,” Engelbert said. “The reaction from young girls to Kia and what she stands for, they so admire her.”
Nurse is one of a handful of Canadian players playing in the WNBA, with more on the way.
“No doubt it’s helpful to have household names,” Engelbert said.
The commissioner expects the league to get to 16 teams by 2028.
“We’ve already had a lot of interest, and it got more tangible and serious from a fair amount of cities after the draft,” Engelbert said. “We are in a good position to get to 16 by certainly ‘27-28.”