Toronto awarded WNBA franchise | CP24 Live at Noon for May. 23, 2024

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 $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 also owns the NHL’s Maple Leafs and NBA’s Raptors along with Toronto's MLS and Canadian Football League franchises.

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