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# FTB: MLSE for sale?
- URL: https://www.pensionplanpuppets.com/toronto-maple-leafs-news-nhl-news-omers-mlse-ale/
- Published: 2023-06-22T10:00:08.000Z
- Updated: 2023-06-22T11:16:24.000Z
- Description: Are the Maple Leafs for sale? Will our blog name be relevant again?
- Author: Adam Selvig
- Tags: From The Branches

Well, well, well. Look who's smart for not changing their name.

Folks, the Toronto Maple Leafs may be for sale and a pension plan is very interested. Okay, it's just a part of the Maple Leafs. Larry Tanenbaum, who owns 25% of Maple Leafs Sports & Entertainment, is reportedly selling all or part of his share to OMERS.

[Maple Leafs, Raptors Parent Nears Stake Sale at $8B ValuationMaple Leaf Sports & Entertainment chairman Larry Tanenbaum is close to selling a share of his MLSE holdings to OMERS—a pension plan for 540,000 Ontario municipal employees—at an enterprise valu…![](https://www.sportico.com/wp-content/themes/vip/pmc-sportico-2020/assets/app/icons/apple-touch-icon.png)Scott SoshnickSportico.com![](https://www.sportico.com/wp-content/uploads/2023/06/GettyImages-1150397060-e1687364399136.jpg?w=1024)](https://www.sportico.com/business/team-sales/2023/mlse-nears-stake-sale-at-8-billion-valuation-1234726890/?ref=pensionplanpuppets.com)

OMERS is the Ontario Municipal Employees Retirement System, a pension program for, well, Municipal Employees. 

It would be a great investment for OMERS, the valuation of MLSE from the above Sportico article is around $8 billion. Now, it won't grow as large as the teachers saw. When MLSE was formed in 1996 they bought 49% of the business for about $45 million. When they sold to Bell & Rogers, they made $1.32 billion.

Not a bad investment. Let's not talk about their venture into Crypto, however.

So, this would be a welcome sale. Of course, OMERS is a bigger name owner than the Bell pension plan that is current an owner. Yeah. Bet you didn't know our name was always relevant.

Elsewhere in the new, the Hockey Hall of Fame inductees were named for 2023.

[HHOF | 2023 Induction Press ReleasesHockey Hall of Fame Induction 2023 press releases.![](https://store.hhof.com/favicon/apple-touch-icon.png)Hockey Hall of FameHockey Hall of Fame![](https://www.hhof.com/images_social/HHOF_social_induction_pressreleases.jpg)](https://store.hhof.com/induction/induction2023/pressreleases.html?ref=pensionplanpuppets.com#:~:text=Hockey%20Hall%20of%20Fame%20Announces%202023%20Inductees%20Ken,Henrik%20Lundqvist%20Caroline%20Ouellette%20Pierre%20Turgeon%20Mike%20Vernon)

Ken Hitchcock and Pierre Lacroix were named as builders. 

Tom Barrasso, Henrik Lunqvist, Mike Vernon, and Pierre Turgeon were named in the men's slots. 

Caroline Ouellette and \[pass\] were named for the women's available slots.

Notable in his absence was noted USSR defector Alexander Mogilny. 

[Alex Mogilny once again snubbed by Hockey Hall of FameThe ex-Canucks winger changed the game by defecting from the Soviet Union and was one of the elite right wingers in the NHL in the 1990s.![](https://dcs-static.gprod.postmedia.digital/13.8.2/websites/images/apple-touch-icons/iphone-retina/icon-vp.png)Patrick JohnstonThe Province![](https://smartcdn.gprod.postmedia.digital/theprovince/wp-content/uploads/2023/06/m-prv0410canucks08_92478859.jpg)](https://theprovince.com/sports/hockey/nhl/vancouver-canucks/alex-mogilny-snubbed-by-hockey-hall-of-fame?ref=pensionplanpuppets.com)

How he's been ignored since his eligibility is amazing. It's anti-Leafs bias, I say.

> Person I spoke with last night said not to expect Russian candidates to gain entry into [#HHOF](https://twitter.com/hashtag/HHOF?src=hash&ref%5Fsrc=twsrc%5Etfw&ref=pensionplanpuppets.com) anytime soon given global politics. Said the already high bar for Russian players to gain entry is higher because “it’s easier not to put in Russian right now.”
> 
> — Rob Rossi (@Real\_RobRossi) [June 21, 2023](https://twitter.com/Real%5FRobRossi/status/1671597782241533956?ref%5Fsrc=twsrc%5Etfw&ref=pensionplanpuppets.com)

Lucky for them they have a handy excuse ***this*** year. Explain the past decade.

A bunch of people I've never heard of will be at the NHL Awards in Nashville

[2023 NHL Awards presenters include Rinne, Rucker, YearwoodThe National Hockey League (NHL) today announced a lineup of hockey stars, country music artists and entertainers that will serve as presenters for the 2023 NHL Awards™ on Monday, June 26.![](https://www-league.nhlstatic.com/nhl.com/builds/site-core/61bd612c3f2047a546b73f16a1eae6fabe363889_1686672750/images/iOS/apple-icon-144x144.png)NHL.com![](https://cms.nhl.bamgrid.com/images/photos/343478344/1024x576/cut.jpg)](https://www.nhl.com/news/2023-nhl-awards-presenters-announced/c-344955622?tid=280504338&ref=pensionplanpuppets.com)

The NHL won't raise the cap more than one player.

> With NHL free agency on the horizon, it's believed the 2023-24 salary cap ceiling will be set at $83.5M -- an indication the NHL and NHLPA won't negotiate a higher increase than the $1M called for in their MOU.
> 
> — Chris Johnston (@reporterchris) [June 21, 2023](https://twitter.com/reporterchris/status/1671545321904648283?ref%5Fsrc=twsrc%5Etfw&ref=pensionplanpuppets.com)

The Hershey Bears *(Washington Capitals)* defeated the Coachella Valley Firebirds *(Seattle Kraken)* in overtime last night to win the Calder Cup.

> YOU ROARED FOR US. WE ROAR FOR YOU. [pic.twitter.com/SWejK1Igwu](https://t.co/SWejK1Igwu?ref=pensionplanpuppets.com)
> 
> — Hershey Bears (@TheHersheyBears) [June 22, 2023](https://twitter.com/TheHersheyBears/status/1671752032041197568?ref%5Fsrc=twsrc%5Etfw&ref=pensionplanpuppets.com)

Finally, a trip far, far, far, from home to find a very small, but loyal, hockey community.

[https://thehockeynews.com/womens/international/worlds-most-remote-womens-hockey-community-falkland-islands](https://thehockeynews.com/womens/international/worlds-most-remote-womens-hockey-community-falkland-islands?ref=pensionplanpuppets.com)

Enjoy your day everyone!