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VisitWhat will be the Toronto Raptors' performance in the 2024-2025 NBA season?
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Reach the Playoffs • 25%
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NBA official standings and playoff results
Rogers Acquires Bell's 37.5% Stake in MLSE for $4.7 Billion, Gains 75% Control
Sep 18, 2024, 02:35 PM
Rogers Communications Inc. has reached an agreement to acquire Bell's 37.5% stake in Maple Leaf Sports & Entertainment (MLSE) for $4.7 billion CAD, approximately $3.5 billion USD. This acquisition increases Rogers' ownership to 75% of MLSE, giving it majority control over the parent company of the Toronto Maple Leafs and Toronto Raptors. Edward Rogers will now have full control of the city's major sports teams. The deal significantly enhances Rogers' influence in the Canadian sports market, adding to its existing ownership of the Toronto Blue Jays. The transaction, which is expected to close next year, marks a major shift in the ownership structure of MLSE, with implications for the broadcasting rights and future operations of the sports teams involved.
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Win the NBA Championship • 25%
Reach the finals • 25%
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Rogers retains 75% stake • 25%
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