Franchise Sales News

Kingston will soon take its place on the provincial soccer map. The Kingston Sentinels, led by sports executive Paul Barbeau and Victory Group Ventures, are set to join League1 Ontario’s League2 Division in 2026, with both men’s and women’s teams...
Diamond Sports Canada Inc., a sports investment subsidiary of Global Sports Fund Management Group, has completed its acquisition of the Ottawa BlackJacks, the Canadian Elite Basketball League’s (CEBL) first expansion franchise. Marking the first privately funded and international ownership in...
In what could become a transformative moment for the WNBA and women’s sports more broadly, Connecticut Sun ownership is changing hands for a record $325 million, according to multiple reports. The sale, led by Boston Celtics minority owner Steve Pagliuca,...
The sale of the Los Angeles Lakers for a reported $10 billion may have grabbed headlines around the world, but it’s far from a one-off. Just months earlier, the Boston Celtics were sold for $6 billion, and the Tampa Bay...
Major League Baseball appears set for another ownership shakeup, with reports indicating that Tampa Bay Rays owner Stu Sternberg has agreed in principle to sell the team for $1.7 billion. The deal, first reported by The Athletic, would transfer control...
Hamilton’s downtown sports and entertainment scene is getting a major reboot. The newly renamed TD Coliseum — formerly FirstOntario Centre — is set to reopen later this year following a $280 million renovation. And while concerts and major events are...
The price of admission to the National Hockey League has officially reached a new level — $2 billion. According to NHL insider Frank Seravalli, Commissioner Gary Bettman informed prospective ownership groups that any future expansion franchise will come with a...

Our News Allan Cup Hockey League Continues to Grow, Eyes 6th Franchise By David Dasilva | July 3, 2025 The Allan Cup Hockey League (ACH) is entering an exciting new chapter. With the recent additions of the Cambridge Hornets and...

The sports world was rocked last week with news that the Buss family has agreed to sell a majority stake in the Los Angeles Lakers to investor Mark Walter — at a reported $10 billion valuation, the highest ever for...
The conversation around NHL expansion is heating up again — and this time, it’s Atlanta back in the spotlight. Last week, Forsyth County approved a $3 billion+ development project known as The Gathering at South Forsyth, a sprawling entertainment complex...
The Women’s Football Alliance (WFA), the largest, longest running, and most competitive women’s tackle football league in the world, is officially expanding to Canada. In a major step forward for the growth of women’s sports, the WFA has partnered with...
As the 2025 Memorial Cup heads into its final stages, junior hockey is once again taking centre stage in Canadian sport—and offering a timely reminder of the value and visibility of CHL team ownership. Hosted in Rimouski, Québec, the Memorial...
The 2025 Centennial Cup wrapped up this past weekend, once again reinforcing its status as the most prestigious event in Canadian Junior A hockey. Organized by Hockey Canada and the Canadian Junior Hockey League (CJHL), the tournament brought together ten...
In late 2024, the Ontario Hockey League (OHL) announced its intention to aggressively expand for the first time in more than two decades, creating a rare opportunity for new ownership groups to join one of Canada’s premier junior hockey leagues....

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