Read about Richard Peddie net worth, age, wife, children, family, parents, height, salary, and career as well as other information you need to know.
Richard Peddie is a Canadian businessman. He is the former president and CEO of Maple Leafs Sports and Entertainment. Richard Peddie now owns and operates an independent bookstore called “River Bookshop” in the town of Amherstburg, Ontario, Canada.
|Net Worth||$1.2 billion|
Richard A. Peddie was born in January 1947 (age 76 years) in Windsor, Canada. Peddie graduated from the University of Windsor in 1970 and received an honorary doctorate from the institution in 2001.
Richard 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’s Palestra Group, which included Labatt, in their pursuit of an expansion National Basketball Association team for Toronto, which was ultimately awarded to a competing group and became the Toronto Raptors.
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Peddie was twice offered the head job of the Toronto Argonauts of the Canadian Football League, who played at the SkyDome while employed by the SkyDome, Peddie was named the president and COO of Labatt Communications in 1994, a subsidiary of Labatt Brewing Company whose assets included The Sports Network and Discovery Channel Canada.
During his time with Labatt’s, which also owned the Argonauts and Toronto Blue Jays of Major League Baseball, he was involved with attempts by the company to purchase a National Football League team and relocate it to Toronto’s SkyDome.
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) purchased the Toronto Raptors and the arena the team was building, Air Canada Centre, on February 12, 1998, Peddie took control of the renamed Maple Leaf Sports and Entertainment 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, the Toronto Marlies, the operations of the Air Canada Centre, BMO Field, Ricoh Coliseum, the organization’s three television channels (Leafs TV, NBA TV Canada, GolTV Canada) and Maple Leaf Square.
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In Richard Peddie’s 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 announced the sale of its 79.53% majority stake in MLSE to Bell Canada and Rogers Communications, in a deal valued at $1.32 billion.
Richard Peddie is married to his wife Colleen Peddie, they live in Amherstburg.
Richard Peddie net worth
How much is Richard Peddie worth? Richard Peddie net worth is estimated at around $1.2 billion. His main source of income is his primary work as a businessman. Richard Peddie’s salary per month and other career earnings are over $10.2 million dollars annually.
His remarkable achievements have earned him some luxurious lifestyles and some fancy car trips. He is one of the richest and most influential businessmen in Canada. Richard Peddie stands at an appealing height of 1.75m and has a good body weight which suits his personality.