The Ontario Teachers' Pension Plan is looking to sell its 66% share in Maple Leafs Sports and Entertainment (MLSE), Montreal newspaper La Presse reported Saturday.

MLSE owns the Raptors, Maple Leafs, Air Canada Centre, amongst several other assets.

The Pension Plan purchased a 49% share of the Maple Leafs in 1994 for $50 million (CDN).

Morgan Stanley has been hired to find investors.

The other two shareholders of MLSE, Larry Tanenbaum (20.5%) and TD Capital (13%) do not intend to sell their shares.