Quoting: mondo
I don't believe it'd be unusual for the President/CEO to want to be filled in on big transactions. Their job is overseeing the entire team and if you're moving a key player then they would need to be informed of the decision and the reasoning.
The board being involved is very dumb. Especially for a team like the Maple Leafs.
This to infinity, but it’s a double edged sword.
Most owners of franchises are fully hands on. That’s why they bought them. They are competing against their peers (other billionaires). They are choosing their roster. No gm is. The gm is doing the work needed to make what the owner wants happen.
This works well when two things happen: there is one primary owner and that person makes good decisions.
When a board is involved you no longer have one point of decision making, and as the board changes, so does the trajectory of the decisions.
Ultimately it is most efficient to have one person have long term authority and accountability, whether it be the owner, or one of the gms in the league (Doug Armstrong as example) who are given more authority than most.
The gms who are “bad” - like Chiarelli - he didn’t make any of the decisions in Edmonton. The owner deserves the blame.