BioSteel Sports Nutrition

Last updated
BioSteel Sports Nutrition Inc.
TypePrivate
IndustrySports dietary supplements
Founded2009
FoundersJohn Celenza, Mike Cammalleri
Headquarters,
Canada
Productsbeverages, whey protein
OwnerDC Holdings Ltd
Website biosteel.com

BioSteel Sports Nutrition Inc. is a Canadian company based in Toronto that produces dietary supplement products for athletes and exercise enthusiasts. [1]

Contents

History

Officially founded in 2009 by John Celenza and former professional ice hockey player Mike Cammalleri, BioSteel sports drink was originally sold to professional teams and franchises. [1] [2]

In 2010, Gary Roberts reported that ice hockey players were drinking BioSteel during a Hockey Night in Canada playoff broadcast which led to BioSteel's expansion of their distribution to general consumers. BioSteel is distributed through grocery stores and retail channels across Canada. [3]

In October 2019, Canopy Growth, a Canadian cannabis producer, acquired a 72% stake in BioSteel, with plans to introduce cannabidiol-infused BioSteel products to the market. [4]

BioSteel agreed to a multiyear partnership for sports drinks with the National Hockey League (NHL) and National Hockey League Players' Association (NHLPA) in 2022. [5] [6]

On September 14, 2023, BioSteel Sports filed for Creditor Protection under the CCAA. [7] On September 17, 2023, BioSteel Sports filed for Chapter 15 bankruptcy in Texas. [8]

Hockey camp

BioSteel holds an annual hockey training session of NHL players in Toronto, which lasts four days in late August. [9] [10] Matt Nichol and Gary Roberts, former NHL player, partnered to create a super camp for Toronto-area hockey players. [10] The event, created and organized by BioSteel, is an annual training session before traditional NHL training camps begin. [11] Known as "#Camp," the event takes place at St. Michael's College School Arena. [3] By its second year in 2011, there were 20 NHL players and 16 top prospects in attendance. [9]

All-Canadian basketball game

In 2015, BioSteel and the Athlete Institute launched the high school BioSteel All-Canadian Basketball Game. The competition featured a dunk contest and a three-point contest at Orangeville, Ontario's Athlete Institute, and an all-star game at Ryerson University's Mattamy Centre. The top 24 high schoolers from across Canada took part in the event. [12] [13]

Commercial partners

BioSteel is used by 28 NHL franchises, 14 NBA organizations, 18 MLB teams, and numerous golfers. [1] [6] [9] [14]

BioSteel announced an official partnership with the Toronto Raptors in 2015. The Raptors training facility, which opened in February 2016, was named BioSteel Centre until 2018. [15] [16]

Related Research Articles

<span class="mw-page-title-main">National Hockey League</span> North American professional ice hockey league

The National Hockey League is a professional ice hockey league in North America comprising 32 teams—25 in the United States and 7 in Canada. The Stanley Cup, the oldest professional sports trophy in North America, is awarded annually to the league playoff champion at the end of each season. The NHL is one of the major professional sports leagues in the United States and Canada and is considered to be the top ranked professional ice hockey league in the world, with players from 17 countries as of the 2023–24 season. The International Ice Hockey Federation (IIHF) also views the Stanley Cup as one of the "most important championships available to the sport".

<span class="mw-page-title-main">Gatorade</span> Manufacturer of sports-themed beverage and food products

Gatorade is an American brand of sports-themed beverage and food products, built around its signature line of sports drinks. Gatorade is currently manufactured by PepsiCo and is distributed in over 80 countries. The beverage was first developed in 1965 by a team of researchers led by Dr. Robert Cade. It was originally made for the Gators at the University of Florida to replenish the carbohydrates that the school's student-athletes burned and the combination of water and electrolytes that they lost in sweat during vigorous sports activities.

<span class="mw-page-title-main">World Cup of Hockey</span> Ice hockey tournament for mens national teams

The World Cup of Hockey is an international ice hockey tournament. Inaugurated in 1996, it is the successor to the Canada Cup, which was held every 3 to 5 years from 1976 to 1991 and was the first international hockey championship to allow nations to field their top players. The World Cup has occurred thrice before on an irregular basis, with the United States winning in 1996 and Canada winning in 2004 and 2016. Following the 2016 tournament, it is uncertain if the series will be continued, after the cancellation of the 2020 tournament. The NHL will attempt to hold the next edition of the World Cup in 2025.

CCM Hockey is a Canadian manufacturer of ice hockey equipment. CCM was formerly an initialism for Canada Cycle & Motor Co. Ltd., a bicycle manufacturer that began producing hockey equipment as a secondary business. The original company went bankrupt in 1983, though both product lines were continued under new, separate ownership.

<span class="mw-page-title-main">Gary Bettman</span> NHL Commissioner

Gary Bruce Bettman is an American sports executive who serves as the commissioner of the National Hockey League (NHL), a post he has held since February 1, 1993. Previously, Bettman was a senior vice president and general counsel to the National Basketball Association (NBA). Bettman is a graduate of Cornell University and New York University School of Law. Bettman was elected to the Hockey Hall of Fame in 2018.

<span class="mw-page-title-main">Trevor Linden</span> Canadian ice hockey player (born 1970)

Trevor John Linden is a Canadian former professional ice hockey player and former president of hockey operations and alternate governor of the Vancouver Canucks. He spent 19 seasons in the National Hockey League (NHL), playing centre and right wing with four teams: the Vancouver Canucks, New York Islanders, Montreal Canadiens and Washington Capitals. Before joining the NHL in 1988, Linden helped the Medicine Hat Tigers of the Western Hockey League (WHL) win consecutive Memorial Cup championships. In addition to appearing in two NHL All-Star Games, Linden was a member of the 1998 Canadian Olympic team and participated in the 1996 World Cup of Hockey.

<span class="mw-page-title-main">National Hockey League Players' Association</span> NHL players union

The National Hockey League Players' Association is the labour union for the group of professional hockey players who are under Standard Player Contracts to the 32 member clubs in the National Hockey League (NHL) located in the United States and Canada. The association represents its membership in all matters dealing with their working conditions and contractual rights as well as serving as their exclusive collective bargaining agent.

The 2004–05 NHL lockout was a labor lockout that resulted in the cancellation of the National Hockey League (NHL) season, which would have been its 88th season of play.

Catherine Michelle Granato is an American former ice hockey player and one of the first women to be inducted into the Hockey Hall of Fame in November 2010. She currently works as an assistant general manager for the Vancouver Canucks organization. Granato was the captain of the U.S. women's hockey team that won a gold medal in the 1998 Winter Olympics. She is the younger sister of former NHL player Tony Granato and Buffalo Sabres head coach Don Granato, and a graduate of Providence College. Granato played hockey for Concordia University in Montreal, Quebec, Canada.

<span class="mw-page-title-main">Maple Leaf Sports & Entertainment</span> Canadian sports and real estate company

Maple Leaf Sports & Entertainment Ltd. (MLSE) is a professional sports and commercial real estate company based in Toronto, Ontario, Canada. With assets that include franchises in four of the six major professional sports leagues in the United States and Canada, it is the largest sports and entertainment company in Canada, and one of the largest in North America.

The 1957–58 NHL season was the 41st season of the National Hockey League. The Montreal Canadiens won the Stanley Cup for the third consecutive season, defeating the Boston Bruins four games to two in the best-of-seven final series.

<span class="mw-page-title-main">Brooks Laich</span> Canadian ice hockey player

Evan Brooks Laich is a Canadian former professional ice hockey forward. He played over 750 National Hockey League (NHL) games across four teams: the Ottawa Senators, Washington Capitals, Toronto Maple Leafs and the Los Angeles Kings.

Paul V. Kelly is a prominent Massachusetts-based American lawyer, who served as the fourth executive director of the NHL Players' Association from October 24, 2007, to August 31, 2009, and an executive director of College Hockey, Inc. Kelly is a partner in the Boston office of Jackson Lewis P.C. and is chair of the White Collar & Government Enforcement practice group and co-chair of the Collegiate & Professional Sports Industry practice group.

<span class="mw-page-title-main">Ryan O'Byrne</span> Canadian ice hockey player (born 1984)

Ryan David O'Byrne is a Canadian former professional ice hockey player who played in the National Hockey League (NHL) from 2007 - 2013 with the Montreal Canadiens, Colorado Avalanche and the Toronto Maple Leafs. During this time, O'Byrne founded the Ryan O'Byrne Charity Camp, a non-profit hockey camp for youth. At the conclusion of the 2013 season, O'Byrne went on to play in the Kontinental Hockey League (KHL), Swiss National League (NL), and Swedish Hockey League, before retiring from a ten-year professional hockey career in 2016.

<span class="mw-page-title-main">Tyler Bozak</span> Canadian ice hockey player

Tyler Bozak is a Canadian former professional ice hockey centre. He most recently played for the St. Louis Blues of the National Hockey League (NHL). Bozak has also previously played for the Toronto Maple Leafs. Prior to being signed by the Maple Leafs as a free agent, Bozak had played two seasons at the University of Denver in the National Collegiate Athletic Association (NCAA). In 2018, after nine seasons with the Maple Leafs, Bozak signed with the Blues in free agency. In his first season with the Blues, Bozak won the Stanley Cup, defeating the Boston Bruins in 2019.

<span class="mw-page-title-main">Mississauga Power</span> Former basketball team in Mississauga, Canada

The Mississauga Power were a Canadian professional basketball team based in Mississauga, Ontario, that competed in the National Basketball League of Canada (NBL). Established in 2011 as the Oshawa Power, they played in the Central Division. The Oshawa team began play in the inaugural NBL Canada season, along with the London Lightning, Moncton Miracles, and Summerside Storm and three Premier Basketball League (PBL) teams.

<span class="mw-page-title-main">Brenden Dillon</span> Canadian ice hockey player

Brenden Dillon is a Canadian professional ice hockey player currently playing for the Winnipeg Jets of the National Hockey League (NHL). Dillon has previously played in the NHL for the Dallas Stars, San Jose Sharks and Washington Capitals. Undrafted, and prior to turning professional, Dillon played four seasons of major junior ice hockey in the Western Hockey League (WHL) with the Seattle Thunderbirds.

The 2012–13 NHL lockout was a labor dispute between the National Hockey League (NHL) and the National Hockey League Players' Association (NHLPA) that began at 11:59 pm EDT on September 15, 2012. A tentative deal on a new collective bargaining agreement (CBA) was reached on January 6, 2013, with its ratification and signing of a memorandum of understanding on the agreement completed by January 12, 2013, 119 days after the expiry of the previous CBA.

<span class="mw-page-title-main">OVO Athletic Centre</span> Basketball practice facility in Toronto, Canada

The OVO Athletic Centre, formerly the BioSteel Centre and the Toronto Raptors Training Centre, is a basketball practice facility in Toronto, Ontario, Canada. Opened on February 10, 2016, the facility is home to the Toronto Raptors of the National Basketball Association (NBA), and owned by the team's owner, Maple Leaf Sports & Entertainment (MLSE). It is located on leased public land in Exhibition Place, near Dufferin Street and the Gardiner Expressway, west of downtown. It is named for October's Very Own, the Canadian lifestyle brand founded by Aubrey "Drake" Graham, Oliver El-Khatib, and Noah "40" Shebib.

The Hockey Diversity Alliance is a group of current and former National Hockey League players aiming to fight racism in ice hockey.

References

  1. 1 2 3 Darren Heitner (September 9, 2013). "How BioSteel Sports Supplements Has Quietly Infiltrated The Athlete Nutrition Market". Forbes. Retrieved November 30, 2015.
  2. Alex Silverman (January 13, 2015). "BioSteel sports drink to make U.S. foray In Texas with Dez Bryant endorsement". Dallas Business Journal. Retrieved November 30, 2015.
  3. 1 2 John Lorinc (April 2, 2015). "Goodbye Gatorade: how Biosteel is (very quietly) taking over the NHL". Canadian Business. Retrieved November 30, 2015.
  4. LoRé, Michael. "Canopy Growth And BioSteel To Introduce CBD Products To Sports Nutrition Market". Forbes. Retrieved November 22, 2019.
  5. "BioSteel named official hydration partner of NHL, NHLPA". NHL.com. Retrieved 2022-08-11.
  6. 1 2 Michael LoRé (7 July 2022). "BioSteel Named Official Hydration Partner Of NHL, NHLPA". Forbes. Retrieved 22 February 2023.
  7. "BioSteel Files For Bankruptcy". Sportico. September 14, 2023. Retrieved September 14, 2023.
  8. "BioSteel Sports files for Chapter 15 bankruptcy in Texas court". Bloomberg. September 17, 2023. Retrieved September 17, 2023.
  9. 1 2 3 "Move over Gatorade, there's a new fuel for NHL players". The Globe and Mail. August 23, 2011. Retrieved November 30, 2015.
  10. 1 2 Michael Blinn (August 29, 2014). "NHL stars' offseason hockey camp has a viral edge". Sports Illustrated. Retrieved November 30, 2015.
  11. Allan Muir (August 20, 2015). "NHL stars havin' fun at BioSteel summer camp". Sports Illustrated. Retrieved November 30, 2015.
  12. Alex Ballingall (April 13, 2015). "BioSteel all-Canadian basketball game to showcase country's top high school talent". The Star. Retrieved November 30, 2015.
  13. Jason Shergill (April 7, 2015). "BioSteel All-Canadian game will help put Canadian ballers on the map". The Gateway. Retrieved November 30, 2015.
  14. Luke Fox (August 20, 2015). "McDavid, Hall combine to win BioSteel Cup". Sports Net. Retrieved November 30, 2015.
  15. Gino Bottero (13 November 2015). "Raptors announce BioSteel as official partner, namesake of new training facility". The Score. Retrieved November 30, 2015.
  16. "Raptors Welcome BioSteel As Official Partner". Sun Times. November 11, 2015. Archived from the original on December 8, 2015. Retrieved November 30, 2015.