After much speculation, the Ontario Teachers Pension Plan has decided not to sell their controlling share of Maple Leafs Sports and Entertainment.
Other parties have expressed an interest in purchasing the Teachers' 80% stake in MLSE, which controls the Toronto Maple Leafs, Toronto Raptors, Toronto FC, and the Air Canada Centre. In March, The Pension Fund begun a review of their position, which fueled speculation that Toronto's NHL, NBA, and MLS franchises might be sold. However, the Teachers review has been completed and their decision is to "maintain its stake in MLSE."
Fri, Nov 25, 2011 11:33:00 AM