Aug 21, 2014, 3:04 PM EST
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.
Dec 26, 2014, 2:56 AM EST
The flagrant fouls and ejections we’ve come to expect from these teams were non-existent, as L.A. came away with a “signature win” over the league-leading Warriors.
Dec 25, 2014, 11:48 PM EST
The Bulls blew out the Lakers on Christmas.
Dec 25, 2014, 11:31 PM EST
Wade was brilliant… for a half, anyway. But that was enough.
Dec 25, 2014, 10:16 PM EST
Dec 25, 2014, 9:24 PM EST
Bryant misses his second straight game simply due to a need for rest.
Dec 25, 2014, 6:46 PM EST
With Kevin Durant out, Westbrook puts Oklahoma City on his back, elevates Steven Adams and helps produce 114-106 victory
Dec 25, 2014, 6:10 PM EST
Scott Brooks: Kevin Durant ‘could not go if he wanted to go’
Dec 25, 2014, 4:15 PM EST
Washington was never threatened after the first quarter.
Dec 25, 2014, 2:46 PM EST
A multiple game suspension is following.
Dec 25, 2014, 2:00 PM EST
Well, it’s a pretty easy goal to reach.
Dec 25, 2014, 12:30 PM EST
Kevin Durant would not start as of right now, but expect that to change once he starts playing again.
Dec 25, 2014, 11:00 AM EST
Howard and Smith were AAU teammates.
PBT Christmas Day preview: Late game between Clippers and Warriors will see league’s best rivalry renewed
Dec 25, 2014, 9:30 AM EST
These teams do not like each other.
Dec 25, 2014, 8:00 AM EST
And at No. 1… come on, isn’t it pretty obvious?
Dec 25, 2014, 2:13 AM EST
This will be his fourth game missed with a sprained ankle, they are 1-2 without him the last three.
Dec 24, 2014, 11:00 PM EST
The Wizards are an underrated team in the East. The Knicks… not so much.
Dec 24, 2014, 9:30 PM EST
Previewing the Bulls vs. Lakers matchup at the United Center.
Dec 24, 2014, 9:00 PM EST
Colorways inspired by shoes Michael Jordan wore during his best Christmas Day performance.
Spurs and Thunder, who’ve been best in the West lately, both fighting for position entering Christmas matchup
Dec 24, 2014, 7:00 PM EST
Injuries to Kevin Durant, Russell Westbrook and Kawhi Leonard have put both teams behind the eight ball
Dec 24, 2014, 6:06 PM EST
An additional confirmation that no Deron Williams deal gets done on Sacramento’s side unless they can also get the talented young big man as part of the package.
- Clippers win ‘nice, boring’ Christmas Day battle with Warriors 0
- Miami fans give LeBron warm welcome, Heat team not so much in upset win 6
- Russell Westbrook inspires Thunder to skid-stopping win over Spurs 8
- LeBron James, Stephen Curry leading in early All-Star voting returns 16
- PBT Extra: Top 5 NBA stories of 2014 0
- Five things to watch as NBA takes over Christmas Day 16
- Cavaliers center Anderson Varejao tears Achilles, done for season 30