WHILE MAPLE LEAF GARDENS ON THE BLOCK, MLSE HOLDS FIRM

          Maple Leaf Sports & Entertainment (MLSE) "wants to
     sell" Maple Leaf Gardens, but if the new owners "tear down
     or overhaul" the arena a memorandum states that "they'll
     have to give all the seats, signs and even bricks" to MLSE
     "for a probable multi-million dollar selloff as souvenirs,"
     according to Tony Van Alphen of the TORONTO STAR, who
     reports the arena "could attract" offers of more than C$25M. 
     The memorandum also says that MLSE "will keep the rights to
     all" 15,726 seats, signage, furniture, concession equipment
     and other fixtures.  A new owner "won't be able to operate"
     Maple Leaf Gardens as a "sporting complex" competing against
     Air Canada Centre (TORONTO STAR, 11/12).  Operating revenue
     at the arena will total C$4.4M this year. In Toronto, Karen
     Howlett writes that MLSE is "targeting" sports and
     entertainment companies and retail and residential
     developers (Toronto GLOBE & MAIL, 11/12).