Maple Leaf Sports & Entertainment Ltd.

Maple Leaf Sports & Entertainment Ltd.

Toronto sports fans get a double dose of entertainment from this company. Maple Leaf Sports & Entertainment (MLSE) owns and operates two of that city's professional sports franchises, the Toronto Raptors basketball team and the storied Toronto Maple Leafs hockey team, as well as Toronto's Air Canada Centre, where both teams play. In addition to the sports franchises, MLSE operates television channels dedicated to each team. Formed in 1998, the company is controlled by Ontario Teachers' Pension Plan, which owns two-thirds of MLSE. Other shareholders include construction magnate and chairman Larry Tanenbaum (20%), and Toronto-Dominion Bank unit TD Capital.

Maple Leaf Sports & Entertainment Ltd. (MLSE) owns the National Hockey League's Toronto Maple Leafs, the National Basketball Association's Toronto Raptors, and the $265 million Air Canada Centre, as well as Leafs TV and Raptors NBA TV. MLSE, which brought the two professional sports teams under one new roof, has established a reputation as one of the best-run sports franchises in North America. Fans pack the arena paying the highest ticket prices in Canada.

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