Around the Net
Toronto Maple Leafs Worth $1 Billion
- Forbes, Thursday, November 29, 2012 9:37 AM
In May, Tom Stillman acquired the St. Louis Blues and a bunch of other related assets for just $130 million. One month later, the NHL approved the Ontario Teachers’ Pension Plan sale of its controlling interest in Maple Leaf Sports & Entertainment–which owns the Maple Leafs. Forbes extracted the value of the Leafs alone and figured it was bought for $1 billion. That's a big disparity: The average National Hockey League team is now worth $282 million but the spread between the rich and poor teams is dramatic.
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