Yukon Joe
Registered User
Relative to the Leafs (or Canadiens)? No. Relative to the rest of the league? Yes.
Like I said, this is just half baked spit balling, but I'm looking at this from the standpoint that Bell and Rogers value increasing content and viewership for their media properties, over who actually gets to own the Leafs. One way to do that would be to have more Canadian teams.
As far who out of Bell and Rogers ends up with the Leafs, and who gets "stuck" with GTA2... Well I'm the "big ideas" guy, not the "hammer out the details" guy.
So the market cap of Rogers Communication is 21 billion dollars. The market cap of BCE is $41 billion. The Leafs are worth (according to Forbes) $2.8 billion. So the Leafs themselves account for roughly 5% of the entire value of Rogers, and 3% of the entire value of BCE. Those are small but not insignificant numbers to either company (actually, that was assuming half ownership of the Leafs, but I forgot about Tannenbaum).
The Raptors are estimated at $4.1 bil