INTRODUCTION The Maple Leaf Sports and Entertainment company (MLSE) was founded in 1998 when the Toronto Maple Leafs merged with the newest NBA team at the time, the Toronto Raptors. This amounted to one of the best motivators for Toronto pride and was one of the most beneficial merges for the city. Since their start in 1927, the Maple Leafs have been able to fill arena seats and hold onto their fans’ loyalty. They clinched five Stanley Cups in the 1940s and were able to win 4 more cups throughout the 50s and 60s. Despite a three decade drought that followed, their loyal fan base kept supporting them. However, the Maple Leaf Sports company is much more than players on the ice, the Stanley Cup wins and losses, and the fan base; the team has …show more content…
The Ballard Family Holding held a majority advantage in Maple Leaf Gardens Limited for two decades until Ballard was served jail time for defrauding the company. In the interim, Ballard’s son Bill took his place until he was released. Bill decided to focus on concert promotion in the venue while the Leafs kept declining in NHL standings. Once Ballard was back in control he continued to gain more control over the company but ran into several complications with loans which ultimately reduced his estate holding when he died in 1990. Nevertheless Ballard owned 80 percent of MLG. The estate was put into the hands of Donald Crump, Steve Stavro and Donald Giffin. This naturally led to a war between the three over who would gain the most control. Stavro was ultimately victorious by claiming 60.3 per cent of the company. After Stavro took over as chair and CEO of MLG in 1991, he put two million dollars into the arena, doubled the annual salary budget, and allowed the team a chance to actually win. “Under Stavro, revenue for the club increased from $37.5 million in 1991 to $56.2 million in 1993” (Funding Universe, 2004). However, the increase in players’ …show more content…
The company needed to start promoting more, having more events and venture into the world of broadcasting. In 1996, Stavro brought in Larry Tenenbaum, an investor, to invest 21 million dollars for a 25% share in the company (Funding Universe, 2004). In 1998, the company spent 600 million dollars to acquire the Toronto Raptors, build the Air Canada Centre (ACC) which would house both teams and have luxury suites and pay the Leaf’s salaries and management (Funding Universe, 2004). Richard Peddie, former University of Windsor Odette School of Business Graduate, was then named CEO and President of Operations as well as continuing on as President for the Raptors (Funding Universe, 2004). Peddie used his expertise to re-vamp various websites and obtain licenses to run a pair of TV specialty stations for both teams. He also created a deal where corporate sponsors must invest in both the Leafs and the Raptors rather than just the Leafs. During this time, ticket sales matched player’s salaries one-to-one for both teams, so profits were made in the form of advertising sponsorships, corporate sponsorships, broadcasting rights, merchandising, concessions and event
Fortunately for the NHL, they had/ have the Chicago Blackhawks, the Franchise to bring hockey back. The Chicago Blackhawks started the 2012-2013 series with a 24 point streak, meaning that they went 24 games with at least 1 point gained in each game. As many people don’t pay attention until the season has hit 20 or so games, the Hawks, had come to break the lockout of that particular attention span causing more attention towards not only the NHL , but for the Blackhawks themselves. As fans joined the progressing bandwagon, the NHL was gratefully coming out of the “drought” with numourus sponsorships with companies, and gaining profit from their
Loonie is still upset about Cal being their new coach. He is so upset that he doesn’t even show up for practices. One night Cal knocks on Loonie’s front door.”I just hate to see a guy with a game as yours throw it away’. This quote makes a huge difference in the history. Loonie starts to feel more confident with his new coach around but he also comeback for practices and he finally decides to play for him.
In 1993, the Toronto Blue Jays went to the World Series as the American League Champion against the National League Champion the Atlanta Braves, the Series opened in Atlanta where Toronto lost their game one of the Series 3-1, faith was not lost as the Jays went on and win the next three games 5-4, 3-2, 2-1. By this time, the fans had real high faith, and even though the Braves dominated the fifth game 7-2, if the Blue Jays win one more the title is theirs, and so it was when the Jays won the sixth game 4-3 winning the 1992 World Series. Canadian Baseball had never been so successful before. When the 1993 season comes, the Blue Jays once again end up first place in their division with a 96-67 record and won all the playoffs games to advance to the World Series for a second time in a row against the National League Champions the Philadelphia Phillies. Th...
In 1988, Gordy sold-out Motown to MCA and investment group Boston Ventures for $61 million. That very same year, he was inducted into the Rock and Roll Hall of Fame. Today, Gordy remains active within the show biz, writing songs, producing records and dealing with the new established Motown Historical museum in Motown.
Shortly after he retired, he was named the Executive Director for Canada’s Men’s Olympic Hockey team. Gretzky used his great leadership skills to help guide the team to winning Gold Medals in 2002 after a 50 year drought. It is easy to see that Gretzky’s presence helped end the streak and earn Canada a medal. While Gretzky had acquired his position with the Canadian team, he also took a position for the N.H.L.’s Phoenix Coyotes. He first bought part of the Coyotes before eventually becoming the team’s head coach in 2005.
The National Hockey League was founded in 1917. It started in Montreal and Quebec in Canada. There are thirty teams from the USA and Canada. Although the teams are based in Canada and the United States the players come from about twenty different countries from across the world.
The 125 year history of the Stanley Cup is very rich and intricate. The Stanley Cup was donated in 1892 by Lord Stanley of Preston. He was the Governor General of Canada in 1892 and the son of the 14th Earl of Derby (Rourke). Lord Stanley donated the
Jackson, T., "NHL's Heroes and History - 1880 -1926 ," July 2, 2011, Web, http://www.youtube.com/watch?v=bg9qBRs8sX4&feature=related.
Based on the information provided in the document, The new Economics of the NHL, by T. Keller, it states, “Only one 5fth of the NHL’s teams are Canadian, yet the country’s fans account for nearly one third of the league’s revenues” (Keller, 2011). This demonstrates that despite Canada’s relatively low population to the United States and lower team numbers in the country, Canada still accounts for one third of the NHL’s revenues. Even when Canadian dedication is compared to hockey in the United States, who has more NHL teams and higher population, Canadians still contribute significantly to the leagues overall sales. If Canada had even more teams in different locations, such as Quebec, this revenue contribution could possibly grow even more and further establish the bond Canada has with hockey
On Sundays in the fall people all over the world are watching pro football. But do they know how it came to be or how the rules have gotten to be the way they are today? Most people don’t, so I am going to tell you all about it.
Being an athletic director seems like an amazing job because of the interaction with people and being around athletics. A lot of kids are involved in at least one sport, if not more, during their life time. Being an athletic director would give the opportunities for the kids to enjoy the sport or sports they are in by having an organized program and making it a good experience for them. An athletic director’s job is very important, they make sure every thing is in tact and organized. They make the schedules and let everyone know what is going on.
...alaries and lower ticket prices, the NHL should concentrate on where they are wanted and loved, the northern U.S. and Canada. Hockey means a lot to Canadians and children. It does not make any sense that the NHL is concentrating on the South and not helping out teams in Canada or bringing more teams to Canada. When the NHL realizes where hockey matters and where people want hockey, they will be able to be profitable and increase fan support. There is no point trying to force hockey on the southern U.S. because it is not wanted there. Time and money should be spent on helping loyal fans go to games in the North, rather than trying to lure in new fans in the South. The Southern hockey experiment should end now before loyal fans become fed up with pro hockey. If the NHL does not do something soon, it may be too late and NHL fans will be lost forever.
When I think of what it means to be Canadian, one of the first things that come to mind is hockey. This is true for many Canadian’s as hockey was and is an integral piece of the formation of the national identity. However, when people think of playing hockey their attention usually turns to the men in the National Hockey League or other top men’s leagues and tournaments. Even so, Canada has come a long way from its beginnings, when women were not even considered persons under the law until 1929. While it has taken many decades for women to receive more recognition in the world of sport, today shows great improvements from the past. A key reason that women are not treated the same way as men in regards to hockey is due to how the game began;
Canadiens Hockey Club has a positive impact on the city of Montreal as a whole.
Samantha Ureno Professor Zia English 99 22 January 2016 The Science Behind Sports Authority “Nothing in a grocery store is where it is by accident. Every item on a shelf has been planned” (Paco Underhill). In the articles, “The Science of Shopping” by Malcolm Gladwell and “How Target Knows What You Want Before You Do” by Charles Duhigg, these authors exemplify effective marketing strategies which were composed by Paco Underhill and Andrew Pole. Underhill is an environmental psychologist; additionally he employs the basic idea that one’s surroundings influences ones behavior and invented structuring man-made environments to make them conducive to retail purposes.