- calendar_today June 22, 2026
TORONTO METRO – The professional womens hockey league is poised for significant growth as Toronto businessman Larry Tanenbaum’s Kilmer Sports Ventures and Detroit-based Ilitch Companies become the league’s first external investors, anchoring new momentum in the Toronto Metro region.
Transformational PWHL Investment Sets New Milestone
In a landmark move for women’s sports investment, Kilmer Sports Ventures has invested $100 million USD into the Professional Women’s Hockey League (PWHL). As part of the deal, both Kilmer Sports Ventures and Ilitch Companies will take on advisory roles aimed at shaping the league’s strategic direction and long-term success.
Larry Tanenbaum: Championing Women’s Sports Excellence
Larry Tanenbaum, a leading figure in the Toronto Metro sports landscape, underscored his commitment to advancing women’s athletics through this bold investment. In addition to his stake in Maple Leaf Sports & Entertainment and ownership of the WNBA’s Toronto Tempo, Tanenbaum’s involvement signals a broader push to support professional women’s sports across North America.
Ilitch Companies Bring Detroit Sports Legacy to PWHL
Detroit’s Ilitch Companies—well-known for overseeing the Detroit Red Wings and Tigers—have joined as strategic partners with a focus on growing the game’s reach and fostering new opportunities for athletes. Their expertise in professional sports management, as well as regional ties, are anticipated to accelerate league expansion.
PWHL Expansion and New Teams Energize Region
The professional womens hockey league, established in 2023 and initially funded by the Mark Walter Group, will expand to 12 teams for the 2026–27 season. This women’s hockey expansion includes new franchises in Detroit and Hamilton, reflecting rising interest across Ontario and the broader Toronto Metro community.
Toronto Tempo’s New Performance Centre
Looking ahead, the Toronto Tempo plans to open a dedicated performance centre in Toronto by 2028. This investment in professional women’s hockey infrastructure highlights a commitment to player development, health, and local community engagement—further embedding women’s sports into the city’s fabric.
Growth Indicators: Sponsorship and Market Response
The PWHL’s business impact is already clear. This season, the league has achieved a 35% rise in sponsorships and a 50% surge in merchandise sales, demonstrating robust public and corporate interest. Additionally, over 682 million social media impressions reflect the league’s mounting popularity and engagement with fans globally.
A Vision for the Future: Collaboration and Expansion
Support from organizations like Kilmer Sports Ventures and Ilitch Companies positions the professional womens hockey league for sustained momentum. As the pwhl investment drives forward new opportunities and community connections, stakeholders predict additional pwhl new teams and deeper integration with institutions such as Toronto’s schools and youth programs.
Regional Impact and Next Steps
This cross-border collaboration is expected to boost opportunities for aspiring athletes in Toronto Metro, Detroit, and beyond. By leveraging the expertise of larry tanenbaum, the legacy of the detroit red wings, and the business acumen of ilitch companies, the PWHL charts a confident path forward. The recent injection of capital, coupled with rising pwhl sponsorship growth and robust community support, marks a new era for professional women’s hockey and sets a model for strategic women’s sports investment in the region.




