Anyone as shocked as I am?
And I quote: "How can the $1.75 billion owners of the most valuable franchise in hockey continue to so mismanage one of the NHL's most storied teams? The Leafs still haven't won a Stanley Cup in 42 years, and the deep pockets of its parent organization have done little to reverse that trend. But it's not some fat-cat collective running the team from its penthouse suite -- since 1994, MLSE's primary investor has been the Ontario Teachers' Pension Plan. Unfortunately, the dysfunctional relationship between the two principals -- Richard Peddie and Larry Tannenbaum -- continues to trickle down to the on-ice product, as MLSE is too busy running too many sports properties and breaking ground on too many real estate projects to pay enough attention to the Leafs".
I'm embarrassed and I'm not even a hockey guy.
See the rest of the article here http://sportsillustrated.cnn.com/2009/hockey/nhl/05/08/nhl.owners/index.html
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