OT NYT sells 10% of MLB Boston Red Sox for $117m

Discussion in 'Fugu's Business of Hockey Forum' started by LadyStanley, Jul 4, 2011.

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  1. LadyStanley

    LadyStanley RIP Fugu

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    http://www.tsn.ca/mlb/story/?id=370627

    Major difference in value between leagues. (TV income definitely a part of the difference.)
     
  2. Jonas1235

    Jonas1235 Registered User

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    The Boston Red Sox are equivalent to the Toronto Maple Leafs.

    10% of the Toronto Maple Leafs would be worth 150 million.
     
  3. David Dennison

    David Dennison Registered User Sponsor

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    Perhaps MLSE (TML+Raptors+soccer team+media and properties) is equal to the value of the Red Sox, but the Maple Leafs alone are worth about half of the Red Sox, at least according to Forbes.
     
  4. Slapshot85

    Slapshot85 Registered User

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    I'm a little confused. Did they sell 10% of the actual team (who owns Fenway Park as well) or 10% of the holding company (which owns several interests like MLSE) that includes the ownership of the Red Sox and Fenway Park?
     
  5. KingLB

    KingLB Registered User

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    This, that group also owns Liverpool....the quoted part of the article isn't clear.
     

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