Richard Peddie Net Worth is$1 Billion
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Date of Birth: Jan 1947
Country: Canada
What is Richard Peddie's net worth? Richard Peddie is a Canadian businessman and owner of the Toronto Maple Leafs hockey team who has a net worth of $1 billion. Born in Windsor, Ontario, Richard Peddie graduated from the University of Windsor with a degree in Business Administration. He is most widely recognized as the man who took Maple Leafs Sports and Entertainment and turned it into the most successful National Hockey League business ever. The CEO of the MLSE, Richard Peddie has grown the organization into a 1.5 billion dollar franchise. The Toronto Maple Leafs hockey team is worth $448 million dollars alone. He made headlines in 2006, when he lowered NHL ticket prices and implied that other executives within the MLSE were money hungry. The ticket price decrease was short-lived, however, and prices rose again by the next season. He has stated that the most important part of his tenure as CEO is to satisfy the fans, improve facilities, and grow the franchise.
Richard A. Peddie (born January 1947 in Windsor, Ontario) is the President and CEO of Maple Leafs Sports and Entertainment.
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.
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.

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Richard Peddie Latest News

Take a bow, long-time Raptors supporters

Richard Peddie, the list is long, but the five men who were there on Day 1 and remain cannot be forgotten. Three series to reach the ultimate stage, three close-out games all won at home ...
Posted: May 25, 2019, 9:27 pm

Richard Peddie favours single-event sports betting

Windsor's Richard Peddie, former president and CEO of MLSE, is a supporter of Bill C290, which would legalize single-event sports betting in Canada. Single-event sports betting is an idea whose time ...
Posted: June 18, 2015, 2:40 pm

Former Maple Leaf Sports and Entertainment CEO plans on investing in Amherstburg

Richard Peddie, born and raised in Windsor and graduated from the University of Windsor, has been critical of the location of the incoming mega-hospital. On top of that, he thinks putting the WFCU ...
Posted: November 16, 2018, 12:12 pm
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