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

University of Windsor gets $300K from Richard Peddie

The University of Windsor has received a financial contribution from former Maple Leaf Sports and Entertainment CEO and president Richard Peddie. Peddie has made a donation of $300,000 to the Odette School of Business and the Faculty of Human Kinetics.
Posted: September 26, 2013, 12:46 am

Tom Anselmi inherits Richard Peddie's world of MLSE

TORONTO — Richard Peddie slipped into retirement quietly last winter after a long career in which he incurred death threats and the wrath of sports fans across Toronto, but before he left his 15th-floor office, the outgoing president and chief executive ...
Posted: September 4, 2012, 7:53 pm

AlarmForce Announces Two New Members to Board of Directors

Richard Peddie has resigned from the board of directors effective immediately. AlarmForce's Board of Directors currently consists of the following seven members for the term ending at the 2016 Annual General Meeting to be held in the spring of 2017 ...
Posted: September 28, 2016, 3:47 pm
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