As we were all reminded recently, there are good sports owners and there are bad sports owners. Maple Leaf Sports & Entertainment Ltd. is firmly in the good guy camp.
MLSE, as they are better known in their home town, own the Toronto Maple Leafs of the NHL, the Toronto Raptors of the NBA, the Toronto FC of MLS, the Toronto Marlies minor league hockey team, as well as the Air Canada Centre that the Maple Leafs and Raptors both play in.
Founded nearly 90 years ago, MLSE today is a financial behemoth, as evidenced by its $1.66 billion value as recently estimated by Forbes magazine (MLSE is privately-held). Its teams are not bad, either. Though they didn’t make the playoffs this year, the Leafs remain one of the most storied franchises in the NHL, with the second-most Stanley Cup championships behind rival Montreal Canadians. The Raptors, meanwhile, are having…
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