Aug 21, 2014, 3:04 PM EDT
Tim Leiweke played a major role in getting Staples Center built in Los Angeles, and most recently, has been the CEO of Maple Leaf Sports and Entertainment, which owns the Toronto Raptors.
Rumors began to surface that Leiweke would be leaving the company on Wednesday, and he even issued a denial.
But a day later, MLSE has confirmed that Leiweke is in fact stepping down.
From The Canadian Press:
Maple Leaf Sports & Entertainment has started looking for a new chief executive officer.
Current CEO Tim Leiweke will continue in his role until June 30, 2015 or until a successor is appointed, MLSE said Thursday in a statement. …
Leiweke, who also serves as MLSE president, joined the company in April of 2013. He plans to pursue his goal of owning and operating his own business following his departure from MLSE.
“It’s an honour to lead MLSE, a world-class organization in a city and a country so passionate about sports. But with new opportunities on the horizon, it’s time for me to begin the transition from sports and entertainment executive to entrepreneur,” Leiweke said. “Right now, my total focus is here at MLSE and I look forward to working with the Board and MLSE team to continue strengthening our franchises while ensuring a smooth transition to a new leader.”
It’s unclear what Leiweke’s next step will be; the rumor is he wants to come back to Los Angeles and run the Clippers for new owner Steve Ballmer, or perhaps work with the NFL instead.
In addition to the Raptors, MLSE owns the NHL’s Maple Leafs and Toronto FC of Major League Soccer. Leiweke was instrumental in helping to bring the NBA’s All-Star weekend to Toronto in 2016.
Mar 29, 2015, 5:00 PM EDT
You needed this in your life.
Mar 29, 2015, 3:30 PM EDT
Obviously, the Spurs will match any offer he gets.
Mar 29, 2015, 2:00 PM EDT
This likely means the end of the Nate Robinson era.
Mar 29, 2015, 12:30 PM EDT
Most expect another lockout following the 2016-17 season.
Mar 29, 2015, 11:00 AM EDT
Great execution by the Blazers.
Mar 29, 2015, 9:30 AM EDT
Kanter found a way to motivate the Jazz in the dog days of the season, and the Thunder lost in part because of it.
Mar 29, 2015, 8:00 AM EDT
“You don’t have to be best friends to come out here and work together.”
Mar 29, 2015, 12:26 AM EDT
The Golden State Warriors are the team to beat out West.
Enes Kanter rips Jazz, calls his time there a ‘three-and-a-half-year frustration'; gets booed by fans
Mar 28, 2015, 11:00 PM EDT
Kanter was traded to the Thunder midseason.
Mar 28, 2015, 9:30 PM EDT
MJ’s still got it.
Lakers coach Byron Scott says opposing players have told him during games they’d ‘love to be in L.A. next year’
Mar 28, 2015, 8:00 PM EDT
Big, if true.
Mar 28, 2015, 6:30 PM EDT
Legislation was signed into law in Indiana last week, and has been criticized as one that could legalize discrimination.
Mar 28, 2015, 5:00 PM EDT
Hornets, still fighting for a playoff spot, catch a break.
Mar 28, 2015, 3:30 PM EDT
Van Gundy coached five seasons in Orlando, but was fired after the way the Dwight Howard debacle played out.
Mar 28, 2015, 2:00 PM EDT
Kerr was joking, and making light of a mini-controversy that occurred recently with the Cavaliers.
Mar 28, 2015, 12:30 PM EDT
Clark played key bench minutes the same day he was signed.
Mar 28, 2015, 11:00 AM EDT
Cuban went off after the Mavericks were blown out by the Spurs.
Mar 28, 2015, 9:45 AM EDT
Warriors keep rolling, while the Grizzlies are starting to feel like a first round loss.
Mar 28, 2015, 8:30 AM EDT
Highlight-reel play came near the end of a loss to the Nets.
Mar 27, 2015, 11:44 PM EDT
LeBron refused to be dismissive of a seemingly harmless regular season loss.
- NBA players’ union head believes new labor deal can be reached without a work stoppage 2
- Kendrick Perkins says you’re blowing the LeBron James/Kevin Love thing way out of proportion 15
- Mark Cuban rips officials, NBA: ‘It’s criminal’ how Monta Ellis doesn’t get calls 23
- Shaquille O’Neal says he regrets leaving Magic for Lakers 43
- Cavaliers coach David Blatt: ‘LeBron James is our MVP’ 22
- No Durant, what does that mean for Thunder in these playoffs? Trouble. 15
- Kevin Durant to have third foot surgery; is done for season, playoffs 39
- Goran Dragic leading feisty Heat’s playoff push 29