Alex Shnaider wants to buy MLSE?

[andyo]

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Well, I don't know what you're hearing, but that would certainly be surprising considering that Larry Tenenbaum is Richard's uncle and helped integrate Peddie into the president of basketball operations at MLSE (then Palestra group circa 1993) from his position of chief operating officer at Netstar Communications.

Mr. Tenenbaum did smarten up and, with the hiring of Mr. Colangelo two years ago, moved Mr. Peddie away from micromanaging basketball duties as he appointed Bryan president of basketball operations as well as general manager. Peddie has returned to his larger role of president & CEO of MLSE where he has been very successful delivering a high return on equity to shareholders.

To my knowledge, Mr. Tenenbaum has never attempted to fire his nephew.

Wow, Larry is Peddie's Uncle I never knew that.........I'm not denying this but how do you know this? I've never heard this in my life...

As for the points I brought up, its only the word of mouth I heard from various resources around the web so I could be wrong. But I vaguely remember hearing something along the lines of Larry either trying to take Peddie out or trying to take the leafs management out (JFJ etc.. while Peddie is the one who is adamant on keeping JFJ) on the FAN 590. Apparently this is because Peddie is afraid a top level executive could steal his job in the near future or something along those lines, all speculation of course.

[Homer Jay]

I've never understood why people blame Teachers. I always thought they were a silent partner (just there for the $$$) and Tannenbaum effectively was in charge.

So Teachers kept their noses out of decisions, no?

Teacher's fund insists the company runs a yearly profit. Something like a minimum 7% above expenses yearly. Other than that they don't care about individual personnel decisions. It is important to note that does mean one of the team's can run at a loss if the other makes enough money.

[Tom Baker]

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Teacher's fund insists the company runs a yearly profit. Something like a minimum 7% above expenses yearly. Other than that they don't care about individual personnel decisions. It is important to note that does mean one of the team's can run at a loss if the other makes enough money.

Thanks. That's along the lines of what I thought happened.

[Ill Mago]

I think it's pretty cool that Teachers own our team.

[RapTelligence]

I've never understood why people blame Teachers. I always thought they were a silent partner (just there for the $$$) and Tannenbaum effectively was in charge.

So Teachers kept their noses out of decisions, no?

Exactly. They have approved every budget. They have not acted like Harold Ballard. The problem lies elsewhere. i.e. terrible management. The Leafs always had one of the highest payroll. They spent nearly as much as the Detriot Red Wings. The diffrence between the Detriot and Toronto is management.

[RapTelligence]

Peedie is not related to Tannnebuam.

[dagger]

Globe and Mail suggests a sale to Shnaider is a real long shot.

http://www.theglobeandmail.com/servlet/ ... columnists

[RapTelligence]

I would not worry about this Snaider guy taking over. He bought the Jordan F1 team for a bargain 50 million or so. He got it for a discount because he assumed alot of the Jordan F1 debt. He did nothing to improve the team after he bought. Under his reign his F1 team was the most misnaged F! team in the sport and he lost alot of the engineering talent. He used drivers like Narain Kartikeyan only because he bought huge sponsorship money from the Indian automotive titan TATA. When the F1 team prices went up, he quickly dumped the team.

[Homer Jay]

He won't get it. If it goes to anybody outside of teacher's it will more than likely be Rogers. Other possibility would be Bell Globemedia. It has become a real fashion for broadcasters to start buying up teams

Judging by the way Rogers is willing to spend money on the Jays I don't think we would mind them as the owner at all.

[gangstaff]

Ha, Domi the dummy running the Leafs would be awesome, they'd be so horrible that TSN might stop trying to stuff them down my throat.

[Taiyab_K]

When someone said Peddie was afraid of losing his job. I thought Bryan brought Maurizio specifically for that, down the line I think Colangelo wants to climb high up into MLSE.

[r_gill]

This is pretty much a non story, if the teachers ever sell than Tannenbaum will buy their stake in MLSE.

Also I don't know why people blame the teachers either, yes they do want a profit every year from MLSE but it is not like that was the reason the Raptors sucked or the Leafs currently suck. Since they took over the controlling stake of MLSE till the NHL salary cap was implemented the Leafs were one of the highest spending teams in the NHL. Raptor and Leaf suckage is more due to the fact that the MLSE board and Richard Peddie meddled with hockey and basketball operations, and hired inexperienced GMs. The very fact that Ferguson still has a job after 2 and half subpar years, a system devoid of prospects and a team saddled with a bunch of unmovable contracts is just baffling.

[J Dilla]

When someone said Peddie was afraid of losing his job. I thought Bryan brought Maurizio specifically for that, down the line I think Colangelo wants to climb high up into MLSE.

BC might do Peddie's job well, but the only part of your comment that concerns me is Stupidzio Retardini running the Raptors. We'll be back to the Rob Babcock days.

[Cafguy]

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BC might do Peddie's job well, but the only part of your comment that concerns me is Stupidzio Retardini running the Raptors. We'll be back to the Rob Babcock days.

No you didn't. (shakes head from shoulder to shoulder)

[whoknows]

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BC might do Peddie's job well, but the only part of your comment that concerns me is Stupidzio Retardini running the Raptors. We'll be back to the Rob Babcock days.

Do you care to elaborate more?

Please refrain from making terrible comments unless you back them up!

[andyo]

This is pretty much a non story, if the teachers ever sell than Tannenbaum will buy their stake in MLSE.

Also I don't know why people blame the teachers either, yes they do want a profit every year from MLSE but it is not like that was the reason the Raptors sucked or the Leafs currently suck. Since they took over the controlling stake of MLSE till the NHL salary cap was implemented the Leafs were one of the highest spending teams in the NHL. Raptor and Leaf suckage is more due to the fact that the MLSE board and Richard Peddie meddled with hockey and basketball operations, and hired inexperienced GMs. The very fact that Ferguson still has a job after 2 and half subpar years, a system devoid of prospects and a team saddled with a bunch of unmovable contracts is just baffling.

First of all, the teachers definitely aren't no Mark Cuban or George Steinbrenner, and even if those expectations are too high... you mention how Richard Peddie is ruining hockey and basketball operations? Well, from what I hear, the only thing keeping Peddie's job is the teachers..who fully support him. The leafs were one of the highest spending clubs in the NHL..and deservingly so, but with the revenue they commanded yearly...I mean have you seen their ticket prices vs the rest of the league...they should have had been the highest spending club with that type of annual revenue and I'm pretty sure they weren't, I'd think that they weren't even in the top 3.

To be honest, I think Ted Rogers would probably be the ideal owner for any Toronto franchise..maybe Larry too.

[RapTelligence]

Ted Rogers bought the Blue Jays to bolster the content for his TV properties. Most Blue Jays games are run on Rogers Sportsnet. He spends the money but does he spend as much as the Yankees and the Red Sox? No. Does he spend on scouting as much as the Yankess and Red Sox. I do not believe so. Does he spend the money on top notch GM talent? No.

Ted Rogers only interest in the MLSE properties is to again bolster the content for his TV properties. He will do enough to keep the teams competitive so the ratings stay profitable.

I don't see much difference in Ted Rogers approach and the current one. I would not mind Ted, but I do not expect a Mark Cuban.

The problems I have with the current regime is the top heavy corporate structure that bogs down decision making.