Maple leafs sports owes up to $1M plus in serious debt
Maple Leaf Sports and Entertainment (MLSE), the prominent corporation that owns various sports teams in Toronto, including the Maple Leafs, Raptors, and Toronto FC, has found itself labeled as a tax debtor.
Despite its stature, MLSE owes $1.18 million in back taxes from 2019.
Negotiations between MLSE and the city of Toronto are underway to resolve the issue, which centers around BMO Field, located on city-owned property.
While this dispute persists, it will not affect the hockey operations of the Maple Leafs as they comply with the salary cap.
Previously on Oilers Daily
|
13 minutes ago | By Liam McCormick Ovechkin celebrates hat trick on ice with his family, pulls into striking distance of Gretzky record |
|
2 hours ago | By Liam McCormick Oilers coach Knoblauch shows some frustration by calling out player for the second time |
|
3 hours ago | By Liam McCormick Oilers significantly shake up lineup, healthy scratch could hint at trade deadline plans |
|
4 hours ago | By Ryan Hall Edmonton Oilers receive bad news with injury to top goalie trade target |
|
6 hours ago | By Liam McCormick Matthew Tkachuk facing worst case scenario with injury after 4 Nations Faceoff |
|
16 hours ago | By Ryan Hall Edmonton Oilers facing decision to cut two roster players in the near future |
|
17 hours ago | By Ryan Hall Trade proposal emerges between Edmonton Oilers and Chicago Blackhawks for Seth Jones |
|
19 hours ago | By Ryan Hall Oilers top prospect Matthew Savoie gets personal about call up to the NHL |
