I saw this scrolling across the BNN ticker at McDonald's when I was grabbing lunch.
Source
I thought it was interesting that a company would be interested in MLSE during the lockout. I figured that it may be a sign that business people think that the outcome of the lockout will lead to franchises that offer a greater ROI. But then I remember that the Raptors are just one component of the MLSE sports conglomerate.
I also came across this...
The EGO premium imo, (outside of the players and owners individual ego) is an interesting component that does play a role in the ongoing labour dispute.
source
what do you guys think, would the raps (and leafs?) be better off if the were owned by an individual majority owner like Tanenbaum as opposed to a majority owner that is larger entity like rogers or OTPP?
According to a report in Wednesday’s Toronto Star, Providence Equity Partners is looking at the Ontario Teachers' Pension Plan's 80 per cent stake in Maple Leaf Sports & Entertainment.
I thought it was interesting that a company would be interested in MLSE during the lockout. I figured that it may be a sign that business people think that the outcome of the lockout will lead to franchises that offer a greater ROI. But then I remember that the Raptors are just one component of the MLSE sports conglomerate.
I also came across this...
banking sources familiar with the company dismissed the idea the parent of the Toronto Maple Leafs could wind up in the hands of a U.S. equity fund.
is higher than the perceived market value, the banker said, and has what he calls an “ego premium” added to the price. The most desirable sports properties, such as the Maple Leafs, New York Yankees or Boston Red Sox, can have ego premiums because of the belief some buyers will be willing to pay more than market value for the cachet of owning them.
However, the banker said, financial institutions or corporations have to answer to clients or shareholders and are interested only in paying market value.
However, the banker said, financial institutions or corporations have to answer to clients or shareholders and are interested only in paying market value.
Another obstacle to any sale is MLSE chairman Larry Tanenbaum. He owns the other 20.5 per cent of the company and has the right of first refusal on Teachers’ shares. While Tanenbaum has never indicated his plans publicly, those close to him say he would try to buy Teachers shares if another offer were made.
source
what do you guys think, would the raps (and leafs?) be better off if the were owned by an individual majority owner like Tanenbaum as opposed to a majority owner that is larger entity like rogers or OTPP?
Comment