{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"","title":"Bell bids adieu to MLSE ownership stake, leaving Rogers with majority ownership","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/631b6aaf0e34f50011b0b234/1729027525762-55b27306-fb5a-4cbe-993c-7d5be5e96d6b.jpeg?height=200","description":"

There were tremors through the Canadian sports business and media landscape this morning when Sportico’s Scott Soshnick and Kurt Badenhausen broke the news that Rogers was acquiring Bell’s 37.5 per cent stake in Maple Leaf Sports and Entertainment for $4.7 billion, subject to the approval of sports leagues tied to MLSE’s ownership of the Toronto Maple Leafs, Toronto Raptors and Toronto FC.

From the reporting done by Soshnick and Badenausen of the U.S.-based sports business publication:

Rogers already owned 37.5% of MLSE, and now puts a total valuation of Rogers’ ownership of the entity at $9.4 billion Canadian dollars. Rogers also owns the Toronto Blue Jays, who are worth $2.27 billion, according to Sportico. Larry Tanenbaum owns the remaining 25% stake in MLSE, which also includes the Canadian Football League’s Toronto Argonauts.

Jonah Sigel, the go-to person for the latest news on the Canadian sports media industry (you can find him on X at @yyzsportsmedia), and Parleh Media Group co-founder Mark Silver hopped on their laptops for a special edition of the Gaming News Canada Show. Among the topics discussed:


","author_name":"Steve McAllister"}