http://www.thestar.com/Sports/article/201765
The Larry Tanenbaum era has been a disaster for the hockey side of the operation. Good for profit and asset acquisition, but bad for hockey and therein lies the real problem here. Maple Leaf Sports and Entertainment, with Tanenbaum at the controls backed by the Teachers' Pension Plan money, has become primarily a real estate company that dabbles, mostly unsuccessfully, in sports.
Ownership of the Leafs should be committed to one thing only: making Toronto the flagship franchise in the league, the desired location for every hockey player. Whatever it costs to have the best scouting and development departments, spend it. Whatever it takes at every level, do it. Make winning the focus, not condos and soccer teams and stuff that doesn't matter. Forget about making endless profits they don't need and put all emphasis and resources into ending the hockey embarrassment.
Such a sea change comes only from ownership and it, by far, is the Leafs' weakest position.