Found December 09, 2011 on Kukla's Korner:
from Eric Duhatschek of the Glob and Mail, So let me get this straight: Maple Leaf Sports and Entertainment is transferred Friday from one massively profit-driven ownership group – the Ontario Teachers Pension Plan – to another (the unlikely consortium of telecom giants BCE and Rogers) and some immediately conclude that it’ll be a disaster for the Toronto Maple Leafs’ on-ice fortunes. Well, no, we’ll beg to differ. In today’s NHL, it takes two things to win – good management and a little bit of good luck. In a salary-capped world, ownership is a neutral factor, unless ownership is unstable and forces its managerial group to operate at a financial disadvantage, by imposing a strict budget on its operations. That was never the case in Toronto under the Teachers’ stewardship and it won’t be the case in Toronto under the new BCE-Rogers umbrella either. continued plus additional NHL topics…

Is It All About The Money For New Toronto Ownership Group?

from David Shoalts of the Globe and Mail, There was little good news for long-suffering Toronto Maple Leafs fans in Friday’s sale of the majority share in Maple Leaf Sports and Entertainment, unless they happen to own a big chunk of shares in either BCE Inc., or Rogers Communications, Inc. All of the talk at the press conference announcing the media giants are now partners along...

Caps Stick Together in 4-2 Win Over Toronto

Having your teammate’s back is an accepted trait in hockey, and it was on full display last night during the Capitals’ 4-2 win over the Toronto Maple Leafs. First, Jason Chimera got feisty after Luke Schenn landed a bone-rattling hit on Brooks Laich in the Leafs’ zone. Chimera and Schenn exchanged pleasantries soon afterwards, and although the referees broke up the incident...

Ontario Teachers Pension Plan sells 75% Stake of MLSE to Rogers Communications, Bell Canada

Maple Leaf Sports + Entertainment went through a huge change today as the majority owner, the Ontario Teachers' Pension Plan, sold its 79.53% share for $1.32 billion. The new majority ownership will be split between Canada's two media giants Bell and Rogers Communications. This deal comes at a time where the OTPP had initially closed the door on idea of selling after the...

Report: Bell Canada, Rogers on verge of deal for MLSE

Bell Canada Enterprises Inc. and Rogers Communications Inc. are on the verge of a deal that would see both telecommunications companies buy a majority stake in Maple Leaf Sports and Entertainment, The (Toronto) Globe and Mail reported on Friday. MLSE has called a press conference for 9:30 a.m. ET. The newspaper reported that the companies have reached an agreement with the Ontario...

Maple Leafs Sold in $1.3 Billion Deal

The Toronto Maple Leafs have some new owners as telecom giants Rogers and Bell Canada are teaming up to buy a majority stake in Canada's biggest sports franchise company, Maple Leaf Sports & Entertainment, for about $1.3 billion.The two companies, fierce rivals in the business of cellphone and Internet services, said Friday they will each pay current owner the Ontario Teachers...

Colborne Assigned To Marlies

Brian Burke, President and General Manager of the Toronto Maple Leafs, announced Thursday that the hockey club has assigned forward Joe Colborne to the Toronto Marlies. Colborne, 21, has playe...

Own a Game Worn Jersey

The Dale Hunter Era has begun. Now you can walk into the Verizon Center Team Store on Friday before the Caps meet the Toronto Maple Leafs and walk out with a piece of Hunter’s first NHL triumph. The Capitals and MeiGray Group, the team&rs...

Leafs Sold to Rogers and Bell, No Longer Pension Plan Puppets (Toronto Mike)

So this just happened... The Ontario Teachers’ Pension Plan has sold its 79.53 per cent stake in Maple Leaf Sports and Entertainment to Rogers Communications and BCE for more than $1.2 billion. BCE is fancy talk for Bell. That's right, Bell and Rogers now each own 37.5% of MLSE, which owns, among other things, the Toronto Maple Leafs, the Toronto Raptors, TFC and the Toronto...

Dennis Wideman leads Capitals past Maple Leafs, 4-2

Wideman scores three power-play goals — his first career hat trick — and has an assist for Washington.Wideman scores three power-play goals — his first career hat trick — and has an assist for Washington.
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