Billionaire Larry Tanenbaum Bets Big on Women's Sports After MLSE Exit

Billionaire Larry Tanenbaum Bets Big on Women's Sports After MLSE Exit

Nearly 21,000 WNBA fans packed Montreal’s Bell Centre on a warm July evening, breaking the league’s regular-season attendance record. Only the city doesn’t have a professional women’s basketball team.

Larry Tanenbaum Doubles Down on Women’s Sports Following $4.35 Billion MLSE Deal - OloriSuperGal

Canadian billionaire Larry Tanenbaum is making a major bet on women’s sports after agreeing to sell Kilmer Sports Inc.’s 25% stake in Maple Leaf Sports & Entertainment Ltd. (MLSE) to Rogers Communications Inc. for C$4.35 billion ($3.1 billion). After decades as one of Canada’s most influential sports owners, Tanenbaum is now focusing on a rapidly growing sector. His biggest investment is the Toronto Tempo, the Women’s National Basketball Associa…