2023-09-19 18:53:53
BioSteel Sports Nutrition Inc.’s list of creditors is impressive.
According to a list published by the company which sought shelter from its creditors last week, it owes more than $439 million to various entities.
NHL Enterprises, a subsidiary of the National Hockey League, tops the list of sports creditors with $8.7 million.
Followed, in particular, by the Los Angeles Lakers ($2.5 million), the Miami Heat ($1 million), the American Soccer Federation ($676,000), the Brooklyn Nets ($367,000), the 76ers of Philadelphia ($297,000), USA Hockey ($197,000) and Hurricanes Hockey ($96,000).
In an effort to diversify its business, cannabis company Canopy Growth Group became majority owner of BioSteel in 2019, but has since announced plans to sell due to low profitability.
BioSteel was founded in 2009 by John Celenza and former NHL player Mike Cammalleri.
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