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

Amherstburg Community Foundation donates $63K to local groups

The group raised nearly $64,000 going to non-profit groups "largely run by volunteers," said Richard Peddie, chair of the Amherstburg Community Foundation. "They need help," he said. "The ...
Posted: June 4, 2020, 6:46 am

Instagram to bring brand pages to Canadians before the end of the year

Karim has also been recognized as a pioneer in podcasting having interviewed people such as such as federal NDP leader Jagmeet Singh, former MLSE boss Richard Peddie, TVO's Steve Paikin, Canadian ...
Posted: June 2, 2020, 5:00 pm

NVIDIA Is Defining the Future of Broadcast and Film Video Production

Jon Peddie Research is a leading research firm for the multimedia ... and are now in some cases, down to minutes,” says Richard Kerris, CTO at ILM, a studio renowned for their work on VFX heavy films ...
Posted: September 10, 2010, 12:28 pm
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