In this new weekly segment, we’re curating the top stories in Canadian Sports Business from the week that was.
The gift from U of T Alumni Tenniel Chu is the largest gift from an individual to U of T Scarborough’s department of management Full Story
Last year Forbes valued the Sens at $355 Million. A big driver of value for the team is talks of a new downtown arena. So even if the team isn’t really for sale, it would be wise for a potential buyer to have clarity on the new arena before signing a cheque. Full Story
Winnipeg’s professional sports clubs are in line for about $16.3 million of government assistance next year, thanks to a combination of gaming revenue as well as tax breaks, tax refunds and tax exemptions. Full Story
“I know an Olympic bid, deep in my heart, would be something that would be extraordinary,” Hehr said in an interview with CBC Sports. Full Story
Under the proposed Alberta law, ticket sellers would have to perform “due diligence” to block bots on their websites, and cancel any tickets snapped up through the software. Full Story
There has been lots of speculation about whether Newfoundland and Labrador is ready to welcome a professional basketball team. Full Story
Speaking as a member of the bid committee, Doug Geddie said they anticipate it would have an economic impact of $12 to $15 million as well as once again shining a spotlight on the city. Full Story