Ottawa hockey fans have another reason to feel good about the future of women's professional hockey — the PWHL, home to Ottawa's own franchise, has attracted a significant new investor.
Toronto businessman Larry Tanenbaum, through his company Kilmer Sports Ventures, is making another bet on women's sports with a fresh investment in the Professional Women's Hockey League. Tanenbaum is no stranger to sports ownership, and this move signals growing confidence in the PWHL as a long-term, viable professional league.
Why This Matters for Ottawa
The PWHL launched in 2024 and has quickly built a passionate fanbase, with Ottawa's team among the franchises drawing strong local support. League-level investment from high-profile backers like Tanenbaum helps stabilize operations, grow marketing budgets, and expand the overall footprint of women's hockey in Canada — all of which trickles down to the teams fans here care about.
For Ottawa supporters who've packed arenas to cheer on their squad, news of institutional investment is a sign that the league they love isn't going anywhere. It's the kind of backing that helps leagues pay competitive salaries, attract top talent, and build the infrastructure needed to compete long-term.
Tanenbaum's Track Record
Tanenbaum has a long history in professional sports, making him a credible and well-resourced backer. His interest in women's sports reflects a broader industry trend: investors are recognizing that women's leagues represent significant untapped commercial potential, and the PWHL has already proven it can draw fans and generate buzz.
Kilmer Sports Ventures' involvement adds another layer of corporate credibility to a league that was already making waves in its first two seasons.
A Growing League
The PWHL has been one of the more exciting stories in Canadian sports since its debut. Attendance numbers have impressed, broadcast deals have expanded, and the calibre of play has drawn comparisons to the best women's hockey the world has to offer. Investment from established sports business figures only accelerates that trajectory.
For Ottawa, which has embraced its PWHL team enthusiastically, this is encouraging news heading into the coming seasons.
Source: Global News Ottawa
