Richard A. Peddie (born January 1947) is a Canadian businessman. He is the former president and CEO of

Maple Leafs Sports and Entertainment Maple Leaf Sports & Entertainment Ltd. (MLSE) is a professional sports and commercial real estate company based in Toronto, Ontario, Canada. With assets that include franchises in four of the six major professional sports leagues in the United S ...

Career

Peddie was president and CEO of SkyDome from August 1989 to 1994. In 1993, he took a leave of absence for six months to join

Larry Tanenbaum Lawrence M. Tanenbaum (born 1945) is a Canadian businessman and chairman of Maple Leaf Sports & Entertainment (MLSE). He owns a 25% stake in MLSE through his holding company Kilmer Sports Inc. Early life Tanenbaum was born to a Jewish family, ...

's Palestra Group, which included

Labatt Labatt Brewing Company Limited (french: La Brasserie Labatt Limitée) is a Belgian-owned brewery headquartered in Toronto, Ontario, Canada. Founded in 1847, Labatt is the largest brewer in Canada. In 1995, it was purchased by Belgian brewer Int ...

, in their pursuit of an expansion

National Basketball Association The National Basketball Association (NBA) is a professional basketball league in North America. The league is composed of 30 teams (29 in the United States and 1 in Canada) and is one of the major professional sports leagues in the United St ...

team for Toronto, which was ultimately awarded to a competing group and became the

Toronto Raptors The Toronto Raptors are a Canadian professional basketball team based in Toronto. The Raptors compete in the National Basketball Association (NBA) as a member of the league's Eastern Conference Atlantic Division. They play their home games a ...

. While employed by the SkyDome, he was twice offered the head job of the

Toronto Argonauts The Toronto Argonauts (officially the Toronto Argonaut Football Club and colloquially known as the Argos) are a professional Canadian football team competing in the East Division of the Canadian Football League (CFL), based in Toronto, Ontario ...

of the

Canadian Football League The Canadian Football League (CFL; french: Ligue canadienne de football—LCF) is a professional sports league in Canada. The CFL is the highest level of competition in Canadian football. The league consists of nine teams, each located in a ci ...

, who played at the SkyDome. Peddie was named the president and COO of Labatt Communications in 1994, a subsidiary of

Labatt Brewing Company Labatt Brewing Company Limited (french: La Brasserie Labatt Limitée) is a Belgian-owned brewery headquartered in Toronto, Ontario, Canada. Founded in 1847, Labatt is the largest brewer in Canada. In 1995, it was purchased by Belgian brewer Int ...

whose assets included

The Sports Network The Sports Network (TSN) is a Canadian English language sports specialty channel established by the Labatt Brewing Company in 1984 as part of the first group of Canadian specialty cable channels. Since 2001, it has been majority-owned by comm ...

and

Discovery Channel Canada Discovery Channel (often referred to as simply Discovery) is a Canadian specialty television channel owned by CTV Speciality Television Inc. (a joint venture between Bell Media/ESPN Inc. (80%) and Warner Bros. Discovery (which owns the remainin ...

. During his time with Labatt's, which also owned the Argonauts and

Toronto Blue Jays The Toronto Blue Jays are a Canadian professional baseball team based in Toronto. The Blue Jays compete in Major League Baseball (MLB) as a member club of the American League (AL) East division. Since 1989, the team has played its home games ...

Major League Baseball Major League Baseball (MLB) is a professional baseball organization and the oldest major professional sports league in the world. MLB is composed of 30 total teams, divided equally between the National League (NL) and the American League (AL), ...

, he was involved with attempts by the company to purchasing a

National Football League The National Football League (NFL) is a professional American football league that consists of 32 teams, divided equally between the American Football Conference (AFC) and the National Football Conference (NFC). The NFL is one of the ...

team and relocate it to Toronto's SkyDome.

Maple Leafs Sports and Entertainment

Richard Peddie was named president and CEO of the Toronto Raptors in November 1996. After Maple Leaf Gardens Ltd. (owner of the

Toronto Maple Leafs The Toronto Maple Leafs (officially the Toronto Maple Leaf Hockey Club and often referred to as the Leafs) are a professional ice hockey team based in Toronto. They compete in the National Hockey League (NHL) as a member of the Atlantic Div ...

) purchased the

and the arena the team was building,

Air Canada Centre Scotiabank Arena ( French: ''Aréna Scotiabank)'', formerly known as Air Canada Centre (ACC), is a multi-purposed arena located on Bay Street in the South Core district of Downtown Toronto, Ontario, Canada. It is the home of the Toronto Ra ...

, on February 12, 1998, Peddie took control of the renamed

Maple Leaf Sports and Entertainment Maple Leaf Sports & Entertainment Ltd. (MLSE) is a professional sports and commercial real estate company based in Toronto, Ontario, Canada. With assets that include franchises in four of the six major professional sports leagues in the United S ...

in October 1998, serving as president and CEO for fourteen years until his retirement effective December 31, 2011. He oversaw all business and team operations related to the Toronto Maple Leafs, the Toronto Raptors,

Toronto FC Toronto Football Club (commonly known as Toronto FC or TFC) is a Canadian professional soccer club based in Toronto. The club competes in Major League Soccer (MLS) as a member of the Eastern Conference. The team plays its home matches at BM ...

, the

Toronto Marlies The Toronto Marlies are a professional ice hockey team based in Toronto. They compete in the American Hockey League (AHL) as a member of the North Division of the Eastern Conference. The Marlies is owned by Maple Leafs Sports & Entertainment, a c ...

, the operations of the

BMO Field BMO Field is an outdoor stadium located at Exhibition Place in Toronto, Ontario, Canada, which is home to Toronto FC of Major League Soccer and the Toronto Argonauts of the Canadian Football League. Constructed on the site of the former ...

Ricoh Coliseum Coca-Cola Coliseum is an arena at Exhibition Place in Toronto, Ontario, Canada, used for agricultural displays, ice hockey, and trade shows. It was built for the Canadian National Exhibition (CNE) and the Royal Agricultural Winter Fair (the Roya ...

, the organization's three television channels (

Leafs TV Leafs Nation Network (formerly Leafs TV) was a Canadian English language Category B regional specialty channel owned by Maple Leaf Sports & Entertainment Ltd. Leafs Nation Network broadcasts programming related to the Toronto Maple Leafs Natio ...

NBA TV Canada NBA TV Canada is a Canadian English language specialty channel owned by Maple Leaf Sports & Entertainment (MLSE). It is a Canadian version of NBA TV, broadcasting programming focused on the National Basketball Association, and its Canadian franc ...

GolTV Canada GolTV was a Canadian English language Category B specialty channel. GolTV was exclusively dedicated to association football (soccer), with live and recorded sporting events from around the world, and news programs. GolTV was owned by Maple Leaf S ...

) and

Maple Leaf Square Maple Leaf Square is a multi-use complex and public square located in the South Core neighbourhood of Toronto, Ontario, Canada. It is located to the west of the Scotiabank Arena on the former Railway Lands. The $500 million development was joint ...

. In his first nine years in charge of MLSE, its value tripled to $1.5 billion. On December 9, 2011, shortly before Peddie retired, the

Ontario Teachers' Pension Plan The Ontario Teachers' Pension Plan Board (french: Régime de retraite des enseignantes et des enseignants de l'Ontario) is an independent organization responsible for administering defined-benefit pensions for school teachers of the Canadian pr ...

announced the sale of its 79.53% majority stake in MLSE to Bell Canada and

Rogers Communications Rogers Communications Inc. is a Canadian communications and media company operating primarily in the fields of wireless communications, cable television, telephony and Internet, with significant additional telecommunications and mass media ass ...

, in a deal valued at $1.32 billion.

Post MLSE

Richard Peddie now owns and operates an independent book store called "River Bookshop" in the town of Amherstburg, Ontario, Canada.

Personal life

Born in

Windsor, Ontario Windsor is a city in southwestern Ontario, Canada, on the south bank of the Detroit River directly across from Detroit, Michigan, United States. Geographically located within but administratively independent of Essex County, it is the southe ...

, Peddie graduated from the

University of Windsor , mottoeng = Goodness, Discipline and Knowledge , established = , academic_affiliations = CARL, COU, Universities Canada , former_names = Assumption College (1857-1956)Assumption University of Windsor (1956-1963) , type = Public universi ...

in 1970 and received an honorary doctorate from the institution in 2001. Peddie lives in Amherstburg with his wife.

References

External links

Toronto Raptors bioUniversity of Windsor profileWindsorWired.org profileSteady Peddie Keeps Toronto Ticking
* {{DEFAULTSORT:Peddie, Richard 1947 births Canadian sports businesspeople Living people Maple Leaf Sports & Entertainment People from Windsor, Ontario Businesspeople from Ontario Toronto Maple Leafs executives Toronto Raptors executives University of Windsor alumni Chief operating officers Canadian chief executives