The Toronto Legacy will honour True Heroes not once a year but every time the lights go on. Its purpose to inspire and awaken the dreams within every single child, exemplified by Herb Carnegie's Future Aces Row. Future Aces will sit on the front row, the best seats in the house providing each child with a once in a lifetime memory. The Toronto Legacy will
donate 25% of annual net profits to some of the World's most respected charities and foundations dedicated in providing hope.

Toronto, ON (June 5, 2009) - The Toronto Legacy Group announced today its intentions and unparallel vision for a NHL expansion franchise in the City of Toronto. Formally known as the Toronto Legacy, the hockey club plans to donate an unprecedented 25 per cent of its annual net profits to cancer research, scholarship foundations and children's charities if deemed worthy by the NHL of an expansion franchise. If successful, the Toronto Legacy Group will also designate 100 per cent of seat licence fees as its initial contribution to some of the world's most respected foundations and charities.

Conceived in 2004 by a young Canadian hockey fan and encouraged by his friends and associates, the Toronto Legacy Group has been working for over five years to make the dream of a second NHL team in Toronto a reality. Andrew Lopez, Creator, of the Toronto Legacy Group, along with Frank Cianciulli, Chairman and CEO, Wish Group, have worked together to gain the support of CEOs, investors, architects and designers in efforts to create a once in a life-time opportunity for the City of Toronto.

"Another hockey team in Toronto will have great impact on the economy in the GTA and surrounding regions bursting with fans," said Jeffrey O'Brien, CEO, One Financial Corporation -- the first company to submit a letter of intent. "Thousands of jobs and services would be created on many levels with a ripple effect, strengthening Southern Ontario's economy for generations to come and millions in tax revenues would benefit all three levels of government."

Proposed Vision:

25 percent of the Toronto Legacy's net annual profits will be divided amongst foundations and non-profit organizations. The first organization intended to receive funding is the Order of Canada Recipient Herbert H. Carnegie's Future Aces Foundation that provides scholarships to at-risk youth across Canada and the U.S. In honour of Mr. Carnegie's contribution to inspire and awaken the potential of youth over the last five decades, the Toronto Legacy will name its front row, the best seats in the house "Future Aces Row." This row will host free of charge Organizations such as Big Brothers/Big Sisters, scholarship recipients and Minor Hockey Teams in every game of the year in perpetuity.

Site plan includes: arena of approximately 30,000 seats with private boxes, community athletic centre, 50 metre Olympic swimming pool, four outdoor rinks, two office towers, four residential condominiums, a hotel, a running trail, and public park space and pond. Award-winning design consultant Chris Koroknay, Principal, CK Design and a former Director at world-renowned Yabu Pushelberg, will develop site plan. This monument to Canadian sport is designed to provide the next generation of Canadian children and scholarship recipients from around the world an environment of excellence. The desired location is the historic Downsview Park, a 40-acre land parcel near the corner of the Allen Expressway and Sheppard Avenue West.

A key component of the Toronto Legacy will include approximately 15,000 seats at a ticket price of $50 for every available game to make hockey affordable for all fans.

Plans for the name of the Toronto Legacy's home will honour one of Canada's finest heroes.

The total cost of the economic development for the City of Toronto and the GTA is estimated at $1 billion, which would be privately financed

"The Toronto Legacy will inspire honour, excellence and fair play, especially in those that need it most while giving back to communities on an unprecedented level and fostering grassroots initiatives that will create hope for the next generations of Canadian, American and World youth," said Andrew Lopez. "
To demand greatness and team spirit not just from the players, living the dream of every boy and girl in every corner of the world where one can skate, but also from each and every fan in the example they set for the kids in the front row and every child at the game on any given night."

For more information contact Toronto Legacy Group info@torontolegacy.com