Quote:
Report: Canadiens minority stake sold at record $2.5B valuation
Reuters, ESPN
Nov 1, 2023, 06:30 PM ET
Michael Andlauer, who bought the Ottawa Senators for $950 million in September, sold his 10% minority interest in the Montreal Canadiens at a record $2.5 billion enterprise value, Sportico reported Wednesday.
…
The Toronto Maple Leafs were part of an $8 billion valuation this summer, but it was part of a stake in Maple Leaf Sports & Entertainment, which also includes the NBA's Toronto Raptors and Major League Soccer's Toronto FC.
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So if the Habs are worth $2.5B, and the MLSE teams combined are $8B, what’s the breakdown for the MLSE teams ?
~$2.5 to 3B for the Leafs
~$4B and change for the Raptors
~$700 million for Toronto FC
?
And I’m assuming all these figures are in US dollars and not CDN.