{"id":354905,"date":"2026-06-23T00:36:23","date_gmt":"2026-06-22T19:06:23","guid":{"rendered":"https:\/\/ebiztoday.news\/?p=354905"},"modified":"2026-06-23T00:36:23","modified_gmt":"2026-06-22T19:06:23","slug":"tanenbaums-kilmer-sports-ventures-invests-in-pwhl","status":"publish","type":"post","link":"https:\/\/ebiztoday.news\/index.php\/2026\/06\/23\/tanenbaums-kilmer-sports-ventures-invests-in-pwhl\/","title":{"rendered":"Tanenbaum\u2019s Kilmer Sports Ventures invests in PWHL"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<p>TORONTO \u2013 Toronto businessman Larry Tanenbaum is once more investing in women\u2019s sports.<\/p>\n<p>Tanenbaum\u2019s Kilmer Sports Ventures and the Detroit-based Ilitch Corporations have officially bought into the Skilled Women\u2019s Hockey League, being named strategic partners on Monday. A source told The Canadian Press that Kilmer invested US$100 million directly into the PWHL and that each firms shall be holding advisory somewhat than operational roles.<\/p>\n<p>They&#8217;re the PWHL\u2019s first outside investors because the league was established in 2023.<\/p>\n<p>\u201cHockey is in our DNA as Canadians, and that keenness brought us to the PWHL as its first Canadian investor,\u201d said Tanenbaum, Kilmer\u2019s chairman. \u201cConstructing world-class women\u2019s sports organizations that encourage the subsequent generation of athletes, fans, and leaders is the way you create something that actually lasts.\u201d<\/p>\n<p>The foundational support that launched the PWHL three years ago, together with the league\u2019s continued funding thus far, has been provided by Mark and Kimbra Walter, through the Mark Walter Group.<\/p>\n<div class=\"c-ad c-ad--bigbox l-article__ad c-ad--tallSticky\">\n<p>Story continues below commercial<\/p>\n<\/p><\/div>\n<p>Mark Walter can be the owner and chairman of Major League Baseball\u2019s Los Angeles Dodgers, the National Basketball Association\u2019s Los Angeles Lakers, the Women\u2019s National Basketball Association\u2019s Los Angeles Sparks and other sports properties.<\/p>\n<p>Tanenbaum, through Kilmer, is the founder and owner of the WNBA\u2019s Toronto Tempo. He\u2019s also a minority owner of Maple Leaf Sports &#038; Entertainment, the parent company of the NHL\u2019s Maple Leafs and NBA\u2019s Raptors, amongst other Toronto-based sports properties, through Kilmer.<\/p>\n<div class=\"l-article__part\" data-shortcode=\"related_videos\">\n<div class=\"l-inlineStories l-inlineStories--video\">\n<p>\n\t\t\t\t\t\t<span class=\"l-inlineStories__title\">Related Videos<\/span>\n\t\t\t\t\t<\/p>\n<section id=\"miniplayer-carousel\" class=\"l-videoCarousel l-videoCarousel--embed c-carousel\" data-video-carousel-play-inline=\"true\" data-video-carousel-init=\"false\" aria-label=\"Video carousel contains 10 videos.\">\n<div class=\"l-videoCarousel__inner\">\n<div class=\"l-videoCarousel__featured\">\n<div class=\"c-video c-videoPlay \" data-iframe-receiver=\"\" data-autoplay=\"\" data-displayinline-featured=\"true\" data-displayinline-type=\"video\" data-displayinline-player-id=\"miniplayer\" data-displayinline-video-id=\"11825789\" data-displayinline-ratio=\"16:9\" data-displayinline=\"https:\/\/globalnews.ca\/video\/embed\/playlist\/11825789,11811263,11806034,11736470,11520120,11519608,11499192,11272226,11267415,11265148\/?poster=https%3A%2F%2Fi0.wp.com%2Fmedia.globalnews.ca%2Fvideostatic%2Fnews%2Fwv28i7p5ns-6q7q8t8jh8%2FONLINEGNMFRIDANBERLINSTILL.jpg%3Fw%3D1200%26quality%3D70%26strip%3Dall#autoplay&#038;stickyiframe=miniplayer\" data-displayinline-playlist=\"11825789,11811263,11806034,11736470,11520120,11519608,11499192,11272226,11267415,11265148\" data-displayinline-sticky=\"true\" data-permutive-data=\"{\"content\":{\"name\":\"Canadian teams continue battling through the playoffs\",\"type\":\"video\",\"sections\":[\"videos\",\"toronto\",\"sports\"],\"keywords\":[\"canadian-sports\",\"connor-mcdavid\",\"dan-berlin\",\"edmonton-oilers\",\"global-news-morning\",\"montreal-canadiens\",\"nba\",\"nhl\",\"playoffs\",\"scotty-barnes\",\"short-clip\",\"toronto-raptors\",\"global-news-morning-toronto\"],\"iab\":{\"categories\":[\"News\",\"Sports\",\"News\/Sports News\"],\"tags\":[\"Billie Jean King\",\"Detroit Red Wings\",\"Detroit Tigers\",\"Larry Tanenbaum\",\"Little Caesars Arena\",\"Montreal Victoire\",\"National Hockey League\",\"Ottawa\",\"Ottawa Charge\",\"Professional Women's Hockey League\",\"The Canadian Press\",\"Toronto Maple Leafs\",\"Toronto Tempo\",\"Women's National Basketball Association\"]}}}\">\n<div class=\"c-video__inner \">\n\t\t\t\t\t<span class=\"c-video__placeholder\"><br \/>\n\t\t\t\t\t\t<img decoding=\"async\" class=\"c-video__image\" alt=\"Click to play video: 'Canadian teams continue battling through the playoffs'\" width=\"640\" height=\"360\" src=\"https:\/\/i0.wp.com\/media.globalnews.ca\/videostatic\/news\/wv28i7p5ns-6q7q8t8jh8\/ONLINEGNMFRIDANBERLINSTILL.jpg?w=1040&#038;quality=70&#038;strip=all\" loading=\"lazy\" srcset=\"\" sizes=\"auto, \" data-sizes=\"(min-width: 1040px) 1040px,(min-width: 720px) 720px,450px\"><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"c-video__overlay\"><\/p>\n<p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<time class=\"c-video__duration\">5:19<\/time><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"c-video__title\">Canadian teams proceed battling through the playoffs<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"l-videoCarousel__glide glide \">\n<div class=\"glide__arrows c-carousel__buttons l-videoCarousel__buttons\" data-glide-el=\"controls\">\n\t<button class=\"glide__arrow glide__arrow--left c-carousel__button c-carousel__prev l-videoCarousel__button l-videoCarousel__prev c-longform-gallery__prev\" data-glide-dir=\"<\"><\/p>\n<p>\t\t<span class=\"sr-only\">Previous Video<\/span><br \/>\n\t<\/button><br \/>\n\t<button class=\"glide__arrow glide__arrow--right c-carousel__button c-carousel__next l-videoCarousel__button l-videoCarousel__next c-longform-gallery__next\" data-glide-dir=\">&#8220;><\/p>\n<p>\t\t<span class=\"sr-only\">Next Video<\/span><br \/>\n\t<\/button><br \/>\n\t\t<button class=\"c-carousel__goto\" data-glide-dir=\"=0\" aria-hidden=\"true\" tabindex=\"-1\"><\/button>\n\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>\t\t<!-- video stream item --><\/p>\n<\/section><\/div>\n<\/p><\/div>\n<p>\u201cWe saw that chance first with the Tempo, Canada\u2019s first WNBA team, and now we\u2019re proud to deepen that commitment through this significant investment within the PWHL,\u201d said Tanenbaum of investing more cash into women\u2019s sports. \u201cWhat Mark Walter and PWHL senior leadership have built so quickly is incredible, and we\u2019re honoured to be a part of this league and the whole lot it stands for.\u201d<\/p>\n<div class=\"c-inlineSignup\" data-newsletter-inline=\"\">\n<div class=\"c-inlineSignup__image\">\n\t\t\t\t\t<img decoding=\"async\" width=\"170\" height=\"225\" loading=\"lazy\" src=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/images\/skyline\/national.jpg\" alt=\"Get daily Canada news delivered to your inbox so you'll never miss the day's top stories.\">\n\t\t\t\t<\/div>\n<div class=\"c-inlineSignup__content\">\n<h2 class=\"c-inlineSignup__title\">Get day by day National news<\/h2>\n<p>Get day by day Canada news delivered to your inbox so you may never miss the day&#8217;s top stories.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p>The Tempo and the City of Toronto announced on April 17 plans to develop the team\u2019s first dedicated performance centre at Exhibition Place.<\/p>\n<div class=\"c-ad c-ad--bigbox l-article__ad c-ad--tallSticky\">\n<p>Story continues below commercial<\/p>\n<\/p><\/div>\n<p>Scheduled to open in 2028, the purpose-built facility will function each a high-performance training home for the Tempo and a hub for grassroots engagement. The Tempo will use the centre to deliver development programming with community groups.<\/p>\n<p>Ilitch Corporations is the parent of Ilitch Sports + Entertainment, the owner of the NHL\u2019s Detroit Red Wings and MLB\u2019s Detroit Tigers, in addition to Little Caesars Arena in downtown Detroit.<\/p>\n<p>\u201cThe PWHL\u2019s rise has been one of the crucial compelling stories in skilled sports, and we&#8217;re proud to be a part of that story,\u201d said Chris Ilitch, CEO of Ilitch Corporations. \u201cInvesting within the PWHL means a chance to broaden the sport\u2019s reach, connect with latest fans, and create pathways for athletes for generations to return.<\/p>\n<p>\u201cOur organization has long believed in the facility of hockey to bring communities together and open doors for the subsequent generation.\u201d<\/p>\n<p>Stan Kasten, a member of the PWHL\u2019s advisory board in addition to co-owner and president of the Dodgers, was smitten by Tanenbaum and Illitch joining the league.<\/p>\n<div class=\"c-tabs\">\n<p>\n\t\t\t<button role=\"tab\" class=\"c-tabs__tab c-tabs__tab--active\" type=\"button\">More on Sports<\/button><br \/>\n\t\t\t<button role=\"tab\" class=\"c-tabs__tab\" type=\"button\">More videos<\/button>\n\t\t<\/p>\n<\/p><\/div>\n<p>\u201cThat is so far more than simply writing a cheque,\u201d said Kasten. \u201cTo have the ability to incorporate into our ownership people of this stature, people who find themselves such savvy, longtime sports investors, is the clearest possible signal to all the marketplaces, to fans, to sponsors, to media firms that we&#8217;re well-established and growing.<\/p>\n<div class=\"c-ad c-ad--bigbox l-article__ad c-ad--tallSticky\">\n<p>Story continues below commercial<\/p>\n<\/p><\/div>\n<p>\u201cWe&#8217;ve got the support of individuals like this whose stature, whose experience, whose networks may also help us grow much more and even faster.\u201d<\/p>\n<p>The eight-team league recently announced expansion franchises in Detroit, Hamilton, Las Vegas and San Jose, bringing its total to 12 teams for the 2026-27 season.<\/p>\n<p>Tanenbaum and Illitch are usually not buying stakes in individual teams because the PWHL intends to stay a league-owned business model for the foreseeable future.<\/p>\n<p>\u201cWe&#8217;re a single entity ownership model, which has been instrumental in our rapid growth,\u201d said Kasten. \u201cOur first game was 2 1\/2 years ago. We thought it might take us 10 or 12 years to rise up to 12 teams, however the response has been there from fans and from sponsors and it\u2019s because we don\u2019t have, right away at this stage, different owners with different budgets and different agendas and different considerations in their very own unique markets.<\/p>\n<p>\u201cWe don\u2019t have any of those things to slow us down and so it has enabled us to grow this fast and growing fast was essential.\u201d<\/p>\n<p>The PWHL said its sponsorship portfolio has grown 35 per cent year-over-year, e-commerce merchandise sales have increased by greater than 50 per cent, and its social media channels have generated greater than 682 million impressions.<\/p>\n<p>This report by The Canadian Press was first published June 22, 2026.<\/p>\n<div class=\"c-ad c-ad--bigbox l-article__ad c-ad--tallSticky\">\n<p>Story continues below commercial<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div>\n<p>\n\t\t&#038;copy 2026 The Canadian Press\t<\/p>\n<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO \u2013 Toronto businessman Larry Tanenbaum is once more investing in women\u2019s sports. Tanenbaum\u2019s Kilmer Sports Ventures and the Detroit-based Ilitch Corporations have officially bought into the Skilled Women\u2019s Hockey League, being named strategic partners on Monday. A source told The Canadian Press that Kilmer invested US$100 million directly into the PWHL and that each [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":354906,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[338],"tags":[8083,53099,18340,103,53098,3560],"class_list":["post-354905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sports","tag-invests","tag-kilmer","tag-pwhl","tag-sports","tag-tanenbaums","tag-ventures"],"aioseo_notices":[{"message":"The permalink for this post just changed! 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