Maple Leaf Sports & Entertainment: Difference between revisions
No edit summary |
|||
Line 43: | Line 43: | ||
'''Toronto MLS Expansion''' |
'''Toronto MLS Expansion''' |
||
[[Major League Soccer]] has promised to award MLSE an expansion team for the 2007 season provided the city of Toronto builds a soccer specific stadium ([[Exhibition Place Stadium]]). On October 26th, 2005, Toronto city council voted in favour of a proposal to |
[[Major League Soccer]] has promised to award MLSE an expansion team for the 2007 season provided the city of Toronto builds a soccer specific stadium ([[Exhibition Place Stadium]]). On October 26th, 2005, Toronto city council voted in favour of a proposal to support the construction of a 20,000 seat soccer stadium at [[Exhibition Place]] in partnership with MLSE and both the federal and provincial governments. This stadium would also house the 2007 [[FIFA World Youth Championship]], which will be hosted by several cities across [[Canada]]. MLSE will operate the building for the city of Toronto, who remain the owners of the structure. The stadium started construction in January of 2006 and should be ready in 2007. |
||
[[Category:Entertainment companies of Canada]] |
[[Category:Entertainment companies of Canada]] |
Revision as of 06:27, 22 February 2006
Maple Leaf Sports & Entertainment (MLSE) are the owners and operators of the Toronto Maple Leafs National Hockey League hockey team and the Toronto Raptors National Basketball Association team in Toronto, Ontario, Canada. Along with owning professional sports teams, the company is also involved in real estate and property management.
Ownership
As of 2003:
- 58% - Ontario Teachers' Pension Plan
- 15% - Bell Globemedia
- 14% - TD Capital Group
- 13% - Kilmer Sports Inc. (Owned by Larry Tanenbaum)
Maple Leaf Sports & Entertainment Ltd. Board of Directors
- Larry Tanenbaum (non-executive Chairman) - Kilmer Sports
- Robert Bertram - Ontario Teachers' Pension Plan
- Dean Metcalf - Teachers' Merchant Bank
- James Leech - Teachers' Merchant Bank
- Ivan Fecan-Bell - Globemedia
- John MacIntyre - TD Capital Group
- Dale Lastman - Goodmans LLP
- Richard Peddie - CEO, Maple Leaf Sports & Entertainment Ltd.
Assets
- Toronto Maple Leafs professional hockey team (2005 value: $325 million USD according to Forbes magazine).
- Toronto Raptors professional basketball team (2004 value: $297 million USD according to Forbes magazine).
- Air Canada Centre multi-purpose arena in downtown Toronto, Canada ($265 million CAD)
- Toronto Marlies American Hockey League team.
- Leafs TV (Toronto Maple Leafs 24 hour television network and the only network in North America dedicated to one sports team)
- Raptors NBA TV (Toronto Raptors 24 hour television network)
- Raptors NBA TV HD (Toronto Raptors 24 hour High Definition television network)
- Valuations done by Forbes are not based on actual numbers provided by MLSE. In 2003, MLSE was internally valued at over 1 Billion by the Ontario Teachers' Pension Plan in its annual report
- The Maple Leafs are one of two Canadian organizations who were part of The Original Six NHL teams. They are the second oldest Canadian hockey franchise, and one of the founding members of the NHL.
- The Raptors joined the NBA in 1995, and are currently the only Canadian team in the league.
Recent news
Maple Leaf Square In April 2005 MLSE announced that they would be working with Cadillac Fairview (wholly owned subsidiary of Ontario Teachers' Pension Plan). and Lanterra Developments to build 'Maple Leaf Square', a major entertainment complex situated next to the Air Canada Centre (arena) in downtown Toronto. The $350 million (CAD) will be a mix use facility including office space, residential condo towers and 170,000 square feet of retail and dining space.
Oshawa Gardens
In June 2005 MLSE announced plans to operate and program a new mixed use arena in Oshawa, Ontario which will also be home to the Ontario Hockey League's Oshawa Generals junior league hockey team. The new facility will be located at the corner of Athol and Mary Streets in downtown Oshawa and should be ready for the 2006 season. Official Website: Oshawa Gardens
Toronto MLS Expansion Major League Soccer has promised to award MLSE an expansion team for the 2007 season provided the city of Toronto builds a soccer specific stadium (Exhibition Place Stadium). On October 26th, 2005, Toronto city council voted in favour of a proposal to support the construction of a 20,000 seat soccer stadium at Exhibition Place in partnership with MLSE and both the federal and provincial governments. This stadium would also house the 2007 FIFA World Youth Championship, which will be hosted by several cities across Canada. MLSE will operate the building for the city of Toronto, who remain the owners of the structure. The stadium started construction in January of 2006 and should be ready in 2007.