
WNBA to expand to Cleveland, Detroit and Philadelphia by 2030
Cleveland will begin play in 2028, Detroit in 2029 and Philadelphia the season after, assuming they get approval from the NBA and WNBA Board of Governors. Toronto and Portland will enter the league next year.
'The demand for women's basketball has never been higher, and we are thrilled to welcome Cleveland, Detroit, and Philadelphia to the WNBA family,' WNBA Commissioner Cathy Engelbert said.
'This historic expansion is a powerful reflection of our league's extraordinary momentum, the depth of talent across the game, and the surging demand for investment in women's professional basketball.'
All three new teams announced Monday have NBA ownership groups. Each paid a US$250-million expansion fee, which is about five times as much as Golden State dished out for a team a few years ago. All three teams will also be investing more money through building practice facilities and other such amenities.
'It's such a natural fit that when you already have this basketball-related infrastructure, these strategies, cultures that you find to be successful, combinations of personnel that you find to be successful,' said Nic Barlage, CEO of Rock Entertainment Group and the Cavaliers. 'Extending that into the WNBA, is just a natural next progression, especially if you have a desire to grow like we do.'
Both Cleveland and Detroit had WNBA teams in the past and Philadelphia was the home for an ABL team.
'This is a huge win for Detroit and the WNBA,' Detroit Pistons owner Tom Gores said. 'Today marks the long-hoped-for return of the WNBA to a city with deep basketball roots and a championship tradition. Detroit played a key role in the league's early growth, and we're proud to reignite that legacy as the WNBA ascends to new heights. Our plans will bring new energy, investment and infrastructure to our city and the WNBA, and additional resources to our community.'
Detroit sports stars Grant Hill, Chris Webber and Jared Goff will have minority ownership stakes in the team.
The Cleveland and Detroit ownership groups said the Rockers and Shock — the names of the previous teams — would be considered but they'd do their due diligence before deciding on what the franchises will be called.
'Rockers will be a part of the mix for sure, but we are at this point, we're not going to commit to a brand identity because we want to really get into it with our fans, do some research, be very thorough and thoughtful in that process,' Barlage said.
The Detroit and Cleveland teams will play at the NBA arenas that currently exist, while Philadelphia is planning on a new building that will be completed hopefully by 2030.
'We tell the city it's going to open in 2031. We're hoping for 2030,' said Harris Blitzer Sports & Entertainment Managing Partner and co-founder Josh Harris, who owns the 76ers. 'So we're trying to under-promise and overdeliver. But, right now it's 2031, so that we have a year gap, you know. We've got the Xfinity center, the Wells Fargo, they'll play there.'
Adding these three teams will give the league more natural rivalries with another team on the East Coast and Detroit and Cleveland near each other.
'I think there's some great historical rivalries in the NBA among these cities and, I think that will carry over to the WNBA,' Detroit Pistons vice president Arn Tellem said. 'I would love nothing more to have a rivalry like we do in the NBA with Cleveland and Indiana, Philadelphia and New York and all these great cities and, and I think we will.'
Engelbert said she was impressed with the number of cities that bid for expansion teams, a list that included St. Louis; Kansas City, Mo.; Austin, Texas; Nashville, Tenn.; Miami; Denver; Charlotte, N.C.; and Houston.
'There are a variety of cities that obviously bid, and one of those I wanted to shout out — because they have such a strong history in this league and their great ownership group — is Houston,' Engelbert said. 'The Houston Comets were just an amazing one, the first four inaugural championships in the WNBA. So I would say that's the one, obviously, we have our eye on. (Owner) Tilman (Feritta) has been a great supporter of the WNBA, and we'll stay tuned on that.'
Engelbert went on to say that she wanted to spread out the expansion over a few years to not dilute the talent pool.
'We didn't know the demand would be where the demand ended up when we ran the process last fall into the winter,' Engelbert said. 'Given the very high demand and supply, we wanted to evaluate, too, because we're very careful about, you know, making sure we're balancing the number of roster spots, the number of teams.
'But one thing I'm very struck by as we get into a new media deal, as the media market evolves, you know, being in these three big basketball cities is going to help from a media perspective, a corporate partners perspective.'
All the metrics, such as attendance, television ratings and sponsorships, have been on the rise the last few seasons.
'You're seeing the key performance indicators around the business, but then also just the communal impact of having a women's professional sports team,' Barlage said.
'The largest growing segment of our Cavs youth academy, which serves 60,000 kids across the state of Ohio and upstate New York, the fastest growing segment is girls. You know, it's growing at a 30 per cent clip year over year in participation rates. And so for us to be able to create role models, to be able to create symbols of progress, to create having ambassadors within the community representing all of these things.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
3 hours ago
- Globe and Mail
GE Vernova to Invest $41M in Facility Expansion: Time to Buy the Stock?
GE Vernova Inc. ( GEV ) recently announced a plan to invest $41 million to expand generator capacity at its Schenectady, NY, facility, in a bid to meet rising global energy demand. The investment will enhance the company's gas power capacity through expanding the assembly and testing of the H65 and H84 generators, which pair with its most efficient HA gas turbines. This expansion comes as part of the company's larger plan of investing $9 billion through 2028, with GEV having announced $720 million in investments at its U.S. manufacturing facilities so far this year. This strategic expansion solidifies GE Vernova's pivotal role in the global energy transition, making it an increasingly attractive investment for those seeking a resilient and forward-looking energy stock. However, before making an investment, it would be prudent to delve deep into the company's recent performance at the bourses, future growth prospects as well as risks (if any) to investing in the same. This way, one can make an informed decision. GEV Stock Outperforms Industry, Sector & S&P 500 Shares of GE Vernova have surged an impressive 33.1% in the past three months, outperforming the Zacks Alternative-Energy industry 's growth of 13.7% and the broader Zacks Oils-Energy sector 's rise of 5.5%. It has also outpaced the S&P 500's growth of 10.9% over the same period. A similar stellar performance has been delivered by other industry players, such as Bloom Energy ( BE ) and Talen Energy Corp. ( TLN ), whose shares have surged 136.7% and 56.4%, respectively, in the past three months. What's Been Pushing GEV Stock Up? GE Vernova's advanced technologies support industries across the board in the global shift to sustainable energy, reducing emissions. Its expanding clean energy and low-carbon footprint initiatives, as mentioned below, are boosting investor confidence, which must have resulted in its significant three-month share price growth. Impressively, in July 2025, GEV received an order to supply 29 LM2500XPRESS units to Crusoe AI data centers. In the same month, GE Vernova announced second-quarter 2025 results, which highlighted a 4% increase in orders, 11% growth in revenues and a more than $5 billion rise in backlog. The company also announced its decision to acquire France's AI-specialist, Alteia, to integrate its AI-powered visual intelligence platform into utility operations. GEV also received a contract to build a critical substation in Germany. Further, its nuclear energy unit and Fortum entered into an early works agreement to enhance the potential deployment of the BWRX-300 small modular reactor (SMR) in Finland and Sweden. In June, the company announced plans to invest $50 million to establish a cutting-edge Canadian BWRX-300 Engineering and Service Centre in the Durham region near the Ontario Power Generation Darlington New Nuclear Project site. In the same month, GE Vernova received a contract to upgrade three GT26 gas turbines at Uniper's Grain power plant, starting 2026. Earlier in May, GEV secured an order for five 7H-Class gas turbines from Saudi Arabia. Will GEV Hold On To Its Winning Streak? The International Energy Agency ('IEA') projects wind to become the second largest source of global renewable electricity generation, surpassing hydropower, by 2030-end, with onshore wind capacity additions expected to almost double and continue dominating wind capacity growth. This should bode well for GE Vernova's wind business, supported by consistent investments and a 57,000-unit turbine fleet. Moreover, investments into the grid, the backbone of the electric power system, is projected to double through 2030 and overtake worldwide renewable power investment, according to the IEA. This should also benefit GE Vernova over the long run, with more than 95% of power transmission utilities in the world equipped with components from its Electrification segment. In line with this, the Zacks Consensus Estimate for GEV's long-term (three-to-five years) earnings growth rate is pegged at a solid 18%. In fact, the growing investment in renewable-sourced electricity worldwide has also been bolstering the long-term growth prospects of other clean energy stocks, such as TLN and BE. Notably, the long-term earnings growth rate for TLN is 15.5%, while that for BE is 28%. Now, let's take a quick look at GEV's near-term estimates to see if that also depicts the same growth story. Estimates for GEV The Zacks Consensus Estimate for GEV's 2025 and 2026 sales implies an improvement of 6.7% and 11.4%, respectively, year over year. A similar improvement can be witnessed in the company's 2025 and 2026 earnings estimates. Moreover, GEV's near-term earnings estimate has moved north over the past 60 days. The upward revision in earnings estimates indicates analysts' increasing confidence in the stock's earnings-generating capabilities. Risks of Investing in GEV Stock Despite boasting solid growth opportunities, GE Vernova does face a few challenges and a prudent investor should be aware of those. Notably, the global supply-chain crisis has been a common challenge affecting manufacturers across industries in recent times, with GE Vernova being no exception. The company relies on complex global supply networks for components used in its gas turbines, wind turbines and grid infrastructure. Specifically, it purchases approximately $20 billion in materials and components sourced from over 100 countries. Therefore, disruptions in the availability of raw materials, such as steel and rare earth elements, along with logistical delays, have affected and may adversely impact GE Vernova's production timelines and hike its input costs, thereby hurting its bottom line. Moreover, the installation and maintenance of offshore wind turbines can be particularly affected by weather-related scheduling delays due to their complex infrastructure, higher wind speeds and the challenges of accessing offshore sites. Realizing the challenging market environment of the offshore wind industry, GE Vernova has halted its engagement in new offshore wind turbine orders since last year. So, offshore wind remains a challenging business for the company. GEV Stock Trading at a Premium In terms of valuation, GEV's forward 12-month price-to-earnings (P/E) is 53.16X, a premium to its peer group's average of 15.99X. This suggests that investors will be paying a higher price than the company's expected earnings growth compared to its peers. Its industry peers are also trading at a premium to the peer group average. While TLN is trading at a forward 12-month earnings of 24.35X, BE is trading at 68.38X. Final Thoughts To conclude, investors interested in GE Vernova may wait for a better entry point, considering its premium valuation and challenges in the offshore wind business. However, those who already own this Zacks Rank #3 (Hold) stock may continue to retain it, given its robust price performance, consistent order wins in key clean energy segments, and solid earnings growth potential supported by optimistic sales estimates. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. #1 Semiconductor Stock to Buy (Not NVDA) The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow. One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Talen Energy Corporation (TLN): Free Stock Analysis Report Bloom Energy Corporation (BE): Free Stock Analysis Report GE Vernova Inc. (GEV): Free Stock Analysis Report


Cision Canada
3 hours ago
- Cision Canada
The Sports Geek Launches Quiz Blitz Daily Sports Trivia
HOUSTON, Aug. 20, 2025 /CNW/ -- The Sports Geek announced the launch of Quiz Blitz, a free-to-play, daily sports trivia game. Quiz Blitz gives sports fans and trivia buffs a fast-paced and engaging way to test their knowledge and compete with friends. With a new question every day, Quiz Blitz rewards quick thinkers with a chance to top the global leaderboard. Quiz Blitz: What to Know Before You Play Quiz Blitz serves up a new question seven days a week. Players receive up to five hints to help them guess the correct athlete, team, or sports topic. Players that answer on the first try to earn 100 points, while each additional hint drops the score by 20 points. Here's an example Quiz Blitz challenge with the points awarded for guessing correctly on each hint! 6'3 NBA Point Guard (100 points) Became a March Madness sensation at a small North Carolina school (80 points) 2021 and 2025 NBA All Star Game MVP (60 points) Drafted in the first round in 2009 (40 points) 2022 NBA Finals MVP (20 points) Did you guess Steph Curry? Track Your Score Players are encouraged to create a free account with The Sports Geek to unlock other game features, including score tracking, guess statistics, streak building, leaderboards, and previous games. Anyone visiting without an account can play Quiz Blitz each day without extra features. Challenge Your Friends Quiz Blitz also makes it easy to bring friends into the action. Each day's game can be shared, allowing players to compete head-to-head among friends or start a rivalry with someone who thinks they know more. The leaderboard keeps track of it all, so players can settle who the real sports genius is in their circle. Quiz Blitz is live now and ready for sports fans who want to test their knowledge one question at a time. There's a new game 7 days a week, making it a great way for sports enthusiasts and trivia nerds to stay sharp, or maybe learn a thing or two. About The Sports Geek The Sports Geek is a website for sportsbooks and casino reviews, along with free betting tips, expert picks, AI predictions, and game guides. With more games and contests on the horizon, The Sports Geek is always finding ways to give sports fans and bettors more opportunities to prove their sports acumen.

National Post
5 hours ago
- National Post
T&S Brass Invests in Canada with New Langley, BC Warehouse
Article content TRAVELERS REST, S.C. — T&S Brass and Bronze Works, Inc., a global leader in commercial faucets and fittings for foodservice, institutional, and laboratory markets, is set to open a new Canadian distribution warehouse in Langley, British Columbia. The facility will officially commence operations on August 18, 2025, offering faster and more efficient service to customers across Canada. Article content 'This expansion is about much more than just opening a new warehouse,' said Ken Gallagher, Vice President of Sales and Marketing for T&S Brass. 'We know our Canadian customers have faced hurdles like unpredictable border clearance or high shipping costs and lead times, challenges that make sourcing critical products much more difficult. By stocking inventory locally and removing these barriers, we are making it easier for our partners to get what they need, when they need it.' Article content Article content The opening of this new location adds to T&S's robust global distribution network, which includes facilities in South Carolina, California, Netherlands, Italy, India and China. For Canadian customers, T&S will now be able to deliver numerous increased benefits, including: Article content Faster Lead Times: Orders shipping from the Langley warehouse will arrive within 2 days, provided items are in Canadian stock. No Brokerage Fees: T&S will cover all brokerage fees for orders fulfilled from the Canadian facility. Free Freight Program: The existing free freight program will continue to apply. Article content Canadian customers can continue placing orders through the T&S E-Store using their current USD price list. Payment processes will remain unchanged. Article content T&S Brass and Bronze Works, Inc., has been a leader in providing innovative equipment solutions to the foodservice and plumbing industries since 1947, when it developed the first pre-rinse unit. Today, with facilities on the east and west coasts of the U.S., in Shanghai, China, and Europe, T&S leads the way in environmental initiatives from eco-friendly manufacturing processes to the development of award-winning water- and energy-conserving products. T&S is among the first commercial plumbing manufacturers to be registered by UL-DQS to ISO 9001 Certification, the most stringent certification a corporation can receive. For more information, go to Article content Article content Article content Article content Article content Contacts Article content Media Contact: Article content Article content Patrick McCurdy Article content Article content Article content