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Former Deloitte govt launches $350M plan for brand new WNBA workforce

Photo by Erica Denhoff/Icon Sportswire via Getty Images
Picture by Erica Denhoff/Icon Sportswire through Getty Photographs

Quietly working behind the scenes for over a yr, a Canadian funding group is placing collectively a $350 million framework for a WNBA workforce.

The WNBA’s path to 18 franchises is formally set, with three markets lined up.

Cleveland suggestions issues off in 2028, marking the league’s return to Ohio. Detroit comes subsequent in 2029, bringing ladies’s basketball again to a metropolis the place the previous Shock franchise captured three titles. Philadelphia rounds out the enlargement in 2030.

Backed by NBA possession teams dropping $250 million enlargement charges, including these three cities retains the league’s development momentum going.

Vancouver group in talks over a brand new WNBA workforce

A Vancouver funding group led by retired Deloitte govt Invoice Bakk is placing collectively a $350 million framework to convey a A workforce to the town. The committee is laying the groundwork for a possible enlargement bid or relocation, aiming for a 2031 launch.

In an interview with s, retired Deloitte govt Invoice Bakk and managing accomplice Jodi Evans broke down their $350 million imaginative and prescient to convey a WNBA franchise to Vancouver by 2031.

Despite the fact that the league insists it has no quick enlargement plans previous its 18-team cap, Bakk isn’t sweating it. He’s already been speaking with present homeowners and league insiders who informed him the market makes whole sense. “Nothing alongside the best way says we’re loopy on our targets.”

“We wish to be prepared. You by no means know on the earth of sports activities as to when franchises transfer. I do know that’s not one thing that may most likely occur right here. However nonetheless, our standing line is we wish to be prepared for no matter purpose in that time frame.”

In fact, the choice will finally come right down to the brand new commissioner, who’s but to be determined after Cathy Engelbert’s retirement announcement.

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