Skip to content

CEO Tim Leiweke leaving MLSE, which owns the Raptors

Aug 21, 2014, 3:04 PM EDT

Masai Uriji; Drake; Tim Leiweke Masai Uriji; Drake; Tim Leiweke

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.

Latest Posts
  1. Ricky Rubio with half-court alley-oop to Andrew Wiggins (VIDEO)

    Sep 30, 2014, 9:30 AM EDT

    Timberwolves New Players Getty Images

    We could see a lot more of this during the season.

  2. Byron Scott expects Kobe Bryant to score 23-24 points per game

    Sep 30, 2014, 12:15 AM EDT

    Kobe Bryant, Tony Allen Kobe Bryant, Tony Allen

    Lakers might need Kobe’s scoring, but they shouldn’t count on that much from aging star

  3. Cleveland Cavaliers now huge draw, expensive ticket at home, on road

    Sep 29, 2014, 10:15 PM EDT

    Cleveland Cavaliers Media Day Getty Images

    Road tickets to see the Cavaliers are $131.33 higher per seat than the second most expensive team, the Lakers.

  4. Trey Burke, in wake of nude-photo scandal: ‘My judgments will be much better’

    Sep 29, 2014, 7:37 PM EDT

    Utah Jazz v Atlanta Hawks Getty Images

    Jazz general manager Dennis Lindsey disappointed in what he’s learned so far about photos

  5. James Harden admits he needs to be better on defense. It’s a start, I guess.

    Sep 29, 2014, 6:42 PM EDT

    Houston Rockets Media Day Getty Images

    If James Harden doesn’t play focused defense this season it’s Kevin McHale that pays the price.

  6. Carmelo Anthony says he re-signed in New York because of ‘unfinished business’ with Knicks

    Sep 29, 2014, 5:44 PM EDT

    Carmelo Anthony Carmelo Anthony

    Anthony said it wouldn’t have felt right leaving after he forced his way to New York midway through the 2011 season.

  7. Erik Spoelstra nearly chose Grateful Dead tickets over chance to join Heat

    Sep 29, 2014, 4:52 PM EDT

    Erik Spoelstra Erik Spoelstra

    Spoelstra applied only on a bet with his German teammates

  8. Report: Kevin Durant says he wants to play in 2016 Olympics (his free agent summer)

    Sep 29, 2014, 4:05 PM EDT

    Team USA Showcase Getty Images

    KD has some words for those that questioned his motivation this summer, and they are not the words of Mr. Nice Guy.

  9. It’s official, Celtics sign Evan Turner to two-year deal

    Sep 29, 2014, 2:50 PM EDT

    Indiana Pacers v Washington Wizards Getty Images

    Can he fit in the Celtics’ system better than he did in Indiana?

  10. Danny Granger reveals he had another knee surgery

    Sep 29, 2014, 2:10 PM EDT

    Danny Granger Danny Granger

    Without LeBron James, how many setbacks – even small ones – can the Heat overcome?

  11. Hornets GM: It was important for franchise to act “decisively and quickly” on Jeff Taylor domestic assault arrest

    Sep 29, 2014, 1:29 PM EDT

    Mike Dunlap, Jeffery Taylor Mike Dunlap, Jeffery Taylor

    The Hornets made the right move so far, keeping Taylor away from team activities while the investigation goes forward.

Featured video

What players stood out at World Cup?
Top 10 NBA Player Searches
  1. R. Rondo (3667)
  2. L. James (3647)
  3. K. Bryant (3079)
  4. E. Bledsoe (2560)
  5. R. Allen (2359)
  1. D. Wade (2345)
  2. D. Williams (2254)
  3. K. Leonard (2021)
  4. D. Rose (1974)
  5. M. Smart (1876)