Rogers’ MLSE deal a seismic shift for Canadian sports
Changes seemed inevitable to the ownership structure at Maple Leafs Sports and Entertainment. The bombshell came sooner than anyone expected, with Rogers’ deal to buy out Bell having major ramifications for Canadian sports.
Rogers To Become Majority Owner Of MLSE After $4.7B Buyout Of Bell
For over a decade, all of Toronto’s sport teams were owned by two telecommunications companies: Bell and Rogers. But that has changed with today's massive announcement.
What the MLSE deal could mean for Toronto fans as Rogers expands its sports empire
The $4.7-billion deal announced Wednesday will give Rogers a 75 per cent stake in the sports conglomerate that owns the NHL's Maple Leafs, NBA's Raptors, CFL's Argonauts, MLS' Toronto FC and AHL's Marlies. The deal is expected to close in mid-2025.
Rogers buys out Bell in $4.7-billion takeover of MLSE
Rogers Communications now has a stranglehold on the sports market in the city having bought out Bell’s 37.5% stake in Maple Leaf Sports and Entertainment for $4.7 billion. MLSE owns the Toronto Maple Leafs and the Toronto Raptors, the Toronto Argonauts, Toronto FC and the American Hockey League’s Toronto Marlies.
Rogers buys majority stake in Maple Leaf Sports and Entertainment
Rogers Communications announced it has purchased Bell Canada Enterprises' 37.5% stake in Maple Leaf Sports and Entertainment for $4.7 billion, giving the media giant a majority stake ownership of Canada's largest and most valuable sports conglomerate.
Rogers Communications to buy out Bell's share of MLSE for $4.7 billion
In buying out Bell's ownership share of Maple Leaf Sports & Entertainment, Rogers Communication is going all-in. Rogers announced Wednesday it is purchasing Bell's 37.5 per cent share of MLSE for C$4.
Rogers secures grip on Toronto pro sports with $4.7B MLSE buyout
After its $4.7 billion buyout of Maple Leaf Sports & Entertainment from Bell, Rogers now controls all men's pro sports in Toronto, including the Toronto Maple Leafs, the Toronto Raptors, the Toronto Argonauts,
BCE stock up after it sells minority stake in MLSE to Rogers for $4.7B
Shares of BCE (BCE.TO)(BCE) rose on Wednesday while Rogers Communications' (RCI-B.TO)(RCI) stock dipped, after it was announced that Rogers will buy BCE's minority stake in Maple Leaf Sports and Entertainment (MLSE) for $4.
Rogers purchases Bell’s MLSE stake for C$4.7bn
Canadian telecommunications heavyweight Rogers has signed an agreement to buy fellow Canadian telecoms company Bell's 37.5% ownership stake in the Toronto-based sports franchise owner Maple Leaf Sports & Entertainment (MLSE) for C$4.
NBA Re-Elects Raptors Governor as Chairman of the Board
Toronto Raptors Governor and the Chairman of Maple Leafs Sports & Entertainment (MLSE) Larry Tanenbaum has been re-elected by ...
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Raptors' Larry Tanenbaum re-elected chair of NBA's board of governors
NEW YORK — Toronto Raptors governor Larry Tanenbaum has been re-elected chairman of the NBA's board of governors. Tanenbaum is the first Canadian to serve as NBA board chairman and has been the ...
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Raptors’ Larry Tanenbaum re-elected chair of NBA’s board of governors
NEW YORK - Toronto Raptors governor Larry Tanenbaum has been re-elected chairman of the NBA’s board of governors. Tanenbaum is the first Canadian to serve as NBA board chairman and has been the ...
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Raptors' Larry Tanenbaum re-elected chair of NBA's board of governors
Larry Tanenbaum gives remarks during a news conference announcing the city's WNBA franchise in Toronto on May 23, 2024.Toronto Raptors governor Larry Tanenbaum has been re-elected as ...
Raptors, Maple Leafs Parent Company Sells 37.5% Ownership Stake at $3.5B Valuation
Rogers Communications has reportedly purchased a 37.5 percent stake in Maple Leaf Sports and Entertainment from BCE for $3.48 billion, giving Rogers a ...