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LEAFS NEED STRONG SEASON TO TURN A PROFIT

     Maple Leaf Gardens, Ltd., which owns the Leafs, will need
the team to go far into the playoffs in order to "whittle down" a
projected $1.9M loss this year.  The company lost $3.3M for the
2nd Q ended December 31, compared with a gain of $934,000 last
year.  MLG Controller Ian Clark estimates the team lost $500,000
in pre-tax income for each canceled game (Daniel Girard, TORONTO
STAR, 2/1).

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