If it wasn’t a business for him he would not have dissolved his sports business company and named himself president of both teams. He would sit back and pay some other people to do all of that, and simply bask in the glow of being an owner.
as for Toronto, this was some time ago to have been revealed as a scheme Trump put his pal Mike Caputo up to really pump up the Bon Jovi group as the villains who were going to be moving the team. He in turn created the phony “12th Man Thunder” Bills backer group, who in turn went around doing anti Bon Jovi stunts at bars etc that got regional and national press.
Trump didn’t have the money to outbid that group, so he hatched this scheme. Caputo recruited some locals who lived near the stadium. Trump as the instigator was kept secret by the groups local leader, who admitted to really cranking up the anti-Toronto angle, the the point where the media attention got so loud that Texas AM sued the leader for copywriter infringement. This went badly for A and M nationally so the leader of this group swindled 25 k out of the school—and then dialed up the “they will move the Bills to Toronto” volume to 11.
after Pegula got the nod, the group actually continued as a sort of charity with free tickets.
so, shockingly, it all turned out to be another shady business dirty pool scheme by the “strawberry blonde”. Go figure.
this all came out years ago