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What will be the status of broadcast rights for MLSE games by December 31, 2025?
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Bell•MLSE•Rogers•Toronto Maple Leafs•Toronto Raptors•Toronto FC•Canadian•Raptors•Toronto Blue Jays•Ontario Teachers•Larry Tanenbaum
Resolution / Starting Odds
Rogers retains exclusive rights • 25%
Bell retains 50% of Raptors games • 25%
New third-party enters broadcast rights • 25%
Other • 25%
Official announcements from Rogers Communications Inc., Bell, and verified sports news sources
Story
Rogers Acquires Bell's 37.5% Stake in MLSE for $4.7 Billion, Now Holds 75% of Maple Leafs and Raptors
Sep 18, 2024, 01:29 PM
Rogers Communications Inc. has reached an agreement to acquire Bell's 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion (approximately $3.5 billion USD). This acquisition will give Rogers a 75% controlling interest in MLSE, which owns major sports teams including the Toronto Maple Leafs, Toronto Raptors, and Toronto FC. The deal marks a significant shift in the Canadian sports landscape, with Rogers solidifying its position as a dominant player. Bell will have the opportunity to retain existing broadcast rights for certain games, such as 50% of Raptors games. Rogers also owns the Toronto Blue Jays, further expanding its influence in the sports industry. The transaction follows the 2012 sale of MLSE by Ontario Teachers to a Rogers/Bell consortium. Larry Tanenbaum, who has had a significant influence on MLSE, is expected to exit around 2026.
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Similar markets
Rogers acquires all rights • 25%
Bell retains 50% rights • 25%
Rights split differently • 25%
Other • 25%
Rogers increases its stake • 25%
Rogers decreases its stake • 25%
Bell re-enters ownership • 25%
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Rogers retains 75% stake • 25%
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Rogers Sportsnet • 25%
TSN • 25%
CBC • 25%
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Bell • 25%
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