Good for the Teachers union. Wish I could get a piece of MLSE.
VanAgain
Pension Plan Puppets is back on the menu.
22Skidoo11
So we go from 2/3 corporate ownership to 100% corporate ownership… Not great Bob.
Edit: Larry’s not selling his entire stake. So it’ll be interesting to see what he keeps. I’d guess like 5%.
nriney
This is probablyā¦ not good
NatureGivesAndTakes
This might be why both the Leafs and Raptors are running it back instead of rocking the boat by making big changes. Corporations don’t see sports teams the same way fans do.
LeafsRealist
Greatest trick Shanny ever pulled was convincing the world it was actually about the on ice product.
StockWillingness2748
Anyone got the goods? Blocked by paywall. Is bell and rogers getting a larger stake? Or new buyers?
CdnRageBear
Alright everyone, I say we buy the team, Iāll pitch in $20.
StellarLightyear
Eventually, the economics of sport and the necessary passion that athletes need to have to make the sport appealing, will come to a head. We have less than 50 years of history in the ābusiness of sportā and I think it has the potential to eat itself. The more financials become the dominant narrative of ownership, management, athletes, and fans, the less genuine the competitive nature of the sport becomes.
I think the answer eventually becomes more community and fan owned sports teams with fractional ownership. Itās the only model that truly makes sense. The current model will destroy itself over time. Guaranteed.
stellosartois
Larry Tanenbaum wasnts to sell his share of MLSE which is 25% to OMERS/Ontario Municipal Employees Retirement System
10 Comments
Good for the Teachers union. Wish I could get a piece of MLSE.
Pension Plan Puppets is back on the menu.
So we go from 2/3 corporate ownership to 100% corporate ownership… Not great Bob.
Edit: Larry’s not selling his entire stake. So it’ll be interesting to see what he keeps. I’d guess like 5%.
This is probablyā¦ not good
This might be why both the Leafs and Raptors are running it back instead of rocking the boat by making big changes. Corporations don’t see sports teams the same way fans do.
Greatest trick Shanny ever pulled was convincing the world it was actually about the on ice product.
Anyone got the goods? Blocked by paywall. Is bell and rogers getting a larger stake? Or new buyers?
Alright everyone, I say we buy the team, Iāll pitch in $20.
Eventually, the economics of sport and the necessary passion that athletes need to have to make the sport appealing, will come to a head. We have less than 50 years of history in the ābusiness of sportā and I think it has the potential to eat itself. The more financials become the dominant narrative of ownership, management, athletes, and fans, the less genuine the competitive nature of the sport becomes.
I think the answer eventually becomes more community and fan owned sports teams with fractional ownership. Itās the only model that truly makes sense. The current model will destroy itself over time. Guaranteed.
Larry Tanenbaum wasnts to sell his share of MLSE which is 25% to OMERS/Ontario Municipal Employees Retirement System