The WNBA will be expanding from 12 teams to 14 over the next two seasons. In 2025, the Golden State Valkyries will begin play and in 2026, Toronto will have their own team. The Valkyries are owned by Joe Lacob and the Golden State Warriors ownership group while the Toronto team is owned solely by Larry Tanenbaum’s Kilmer Sports Group as opposed to Maple Leaf Sports & Entertainment, the conglomerate that owns the Toronto Raptors. Tanenbaum is the chairman of MLSE as well.
Anyway, when these two new teams begin play, the WNBA will have two expansion drafts for them.