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…