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.
Jan 30, 2015, 10:59 PM EST
It took Kobe Bryant being injured for Cousins to make the squad.
Jan 30, 2015, 9:49 PM EST
If it can happen to Duncan….
Jan 30, 2015, 8:45 PM EST
Robin Lopez has a long rap sheet of mascot abuse.
Jan 30, 2015, 7:51 PM EST
Jeff Green could get more run.
Jan 30, 2015, 6:56 PM EST
This is not a serious injury, but they will miss him defending Blake Griffin.
Jan 30, 2015, 5:59 PM EST
All of those teams could use point guard depth.
Jan 30, 2015, 5:16 PM EST
Thank the new television contract.
Jan 30, 2015, 4:29 PM EST
“So if you see me diving on the floor and people say ‘what is he doing?’ I can’t help but be the player that I am.” —Jimmy Butler on playing in the All-Star Game
Jan 30, 2015, 3:29 PM EST
He should be. He was robbed.
Jan 30, 2015, 2:51 PM EST
I’ll take Stephen Curry
Jan 30, 2015, 2:09 PM EST
NBA Commissioner has delivered on All-Star Break. Back-to-backs next?
Jan 30, 2015, 1:34 PM EST
Who wil start for Kobe?
Jan 30, 2015, 12:49 PM EST
Will center stick with Mavericks this time?
Jan 30, 2015, 12:11 PM EST
Sliding into your DMs like…
Jan 30, 2015, 11:33 AM EST
Kings center waits five years, burns Clay Travis for tweet
Jan 30, 2015, 10:54 AM EST
Vaughn’s firing seems imminent
Jan 30, 2015, 10:13 AM EST
Who are the aWWWWWWWWWWWWWWWWWks?
Jan 30, 2015, 9:34 AM EST
Did anyone think he would get injured and say, “nah, I don’t want to fight through this” and walk away?
Jan 30, 2015, 8:58 AM EST
The Bulls have a great passing front line.
Jan 30, 2015, 8:37 AM EST
Already facing scrutiny, Vaughn oversaw 15-point loss to Bucks last night
- Jimmy Butler even plans to play defense in the All-Star Game 7
- Damian Lillard “disappointed,” “disrespected” not to make All-Star team 41
- DeMarcus Cousins replaces Kobe Bryant in All-Star game 10
- Tyson Chandler, better than ever, thinking legacy 8
- Report: Magic close to firing Jacque Vaughn 15
- Three Things We Learned in NBA Thursday: The All-Star Rosters need to be expanded 29
- One day after having surgery, Kobe Bryant came to see Pau Gasol 7
- Report: Dwight Howard could miss “extended time” with knee injury 5