Richard Peddie
Encyclopedia
Richard A. Peddie is the President and CEO of Maple Leafs Sports and Entertainment.
Since taking over MLSE, he has tripled its value to over $1.5 billion. As of 2008, the Toronto Maple Leafs, valued at $448 million, are the most valuable franchise in the National Hockey League
.
In July, 2006, Peddie made an announcement that Leafs' ticket prices would be lower for the 2006–2007 season, due to the Conservative government's 1% tax cut to the GST
. Peddie was criticized for his statement about MLSE executives that "[they're] not the money-grubbing characters [they're] often made out to be," especially because this "price-lowering" only cemented the sentiment. The savings on each ticket ranged from $0.35 to $1.73. The lower prices were short lived, as they rose by 6% for the 2007–08 NHL season.
Richard Peddie is married to Colleen McAnoy. He is a graduate of the University of Windsor
holding both Degree in Business Administration and an Honorary Doctor of Laws.
Since taking over MLSE, he has tripled its value to over $1.5 billion. As of 2008, the Toronto Maple Leafs, valued at $448 million, are the most valuable franchise in the National Hockey League
National Hockey League
The National Hockey League is an unincorporated not-for-profit association which operates a major professional ice hockey league of 30 franchised member clubs, of which 7 are currently located in Canada and 23 in the United States...
.
In July, 2006, Peddie made an announcement that Leafs' ticket prices would be lower for the 2006–2007 season, due to the Conservative government's 1% tax cut to the GST
Goods and Services Tax (Canada)
The Goods and Services Tax is a multi-level value added tax introduced in Canada on January 1, 1991, by then Prime Minister Brian Mulroney and his finance minister Michael Wilson. The GST replaced a hidden 13.5% Manufacturers' Sales Tax ; Mulroney claimed the GST was implemented because the MST...
. Peddie was criticized for his statement about MLSE executives that "[they're] not the money-grubbing characters [they're] often made out to be," especially because this "price-lowering" only cemented the sentiment. The savings on each ticket ranged from $0.35 to $1.73. The lower prices were short lived, as they rose by 6% for the 2007–08 NHL season.
Richard Peddie is married to Colleen McAnoy. He is a graduate of the University of Windsor
University of Windsor
The University of Windsor is a public comprehensive and research university in Windsor, Ontario, Canada. It is Canada's southernmost university. It has a student population of approximately 15,000 full-time and part-time undergraduate students and over 1000 graduate students...
holding both Degree in Business Administration and an Honorary Doctor of Laws.