Richard Peddie
From Wikipedia, the free encyclopedia
Richard Peddie is the president and CEO of Maple Leaf Sports and Entertainment (MLSE), which is the company that owns and operates the Toronto Maple Leafs, the Toronto Raptors, the Toronto Marlies, Toronto F.C. and the Air Canada Centre. Has a reputation of being concerned with huge profits and not the struggling teams (Toronto Maple Leafs and Toronto Raptors) he is the CEO and President for.
In July, 2006, Peddie made an announcement that Leafs' ticket prices would be lower for the 2006-2007 season- thanks to the Conservative government's 1% tax cut to the GST. This announcement was highly criticized, and Peddie has been lambasted 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 further.[1] The savings on each ticket will range from $0.35 to $1.73.
Richard Peddie is Married to Colleen MacAvoy.