Per the report, Engelbert will visit arenas and
gyms where an expansion team could play games or practice and
meet with a trio of investors: Robert Cohen, chairman and CEO of
IMA Financial Group; Navin Dimond, CEO and co-founder of
Stonebridge Companies, a hospitality and hotel development
company; and his daughter, Ashley Dimond, the director of
strategy at Stonebridge.
The 12-team league is looking to add teams, perhaps as early as
the 2025 season.
Among the 10 cities reportedly under consideration are Toronto,
Philadelphia, Nashville and Charlotte.
It is not yet known what the cost of an expansion franchise will
be.
--Field Level Media
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