Richard Peddie Quotes (14 Quotes)


    We also feel that in moving Wayne into the role of general manager on an interim basis we will be better able to develop (coach) Sam Mitchell's growth toward being a very good NBA coach during the second half of the season. Wayne has the leadership qualities and league-wide credibility that we need to get to the next level. He has the full powers of a general manager.

    I'm hoping the person we decide upon is with us for 10-plus years, so another couple of days or weeks is not going to be alarming.

    (The CSA) will probably need some help, ... I don't want to show our hand. It won't be (the bulk of the) 25 million (that MLSE commits), but we can help in many ways.

    We would do that for everyone from Jeannie at the reception desk to John Ferguson and the vice-presidents. Good companies do that.

    The investment community follows those stocks and scrutinizes quarterly earnings reports very carefully. The fact that we're privately held means we're not under the same scrutiny and our ownership isn't under as much pressure to produce quarterly profits,


    This was a tough decision, but one that we feel is in our best long-term interests. We recognize Rob's efforts to clear cap space and bring in young talent, but it's time to bring in someone with proven experience as an NBA general manager to take us to the next level.

    Bryan was our No. 1 candidate for the job right from the start.

    In all, we get about one30th of what's sold outside our building (divided among all teams), ... I don't think that would even amount to six figures. What's important to us is the brand recognition when people wear them around town.

    It was a tough decision, but one that we feel is in the best long-term interest of our franchise.

    Mr. Ferguson understands that he has a contract that goes one more year and I hope at this time next year I'm sitting down and talking to him about an extension. I'm optimistic that we will be. But the proof will be in the pudding.

    What we're missing out on is the single game sales and when you start the season 1-15, that doesn't get the heart racing. People aren't engaged yet.

    I'm disappointed that Rob was the wrong choice for us. In hindsight I should have got someone who was more proven.

    We look forward to working with the three levels of government as we prepare for construction of the stadium in early 2006 and while we finalize our franchise agreement with Major League Soccer,

    He has complete autonomy for the basketball operation.


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