MLSE

2024 - 9 - 18

Rogers Scores Big: Buys Bell's Slice of the Sports Pie for $4.7B!

Bell Canada Enterprises - CFL - Maple Leaf Sports & Entertainment - MLS - NBA - NHL - Rogers Communications - telecommunication industry - Toronto sports

Rogers takes the lead in Toronto's sports scene by acquiring Bell's 37.5% stake in MLSE for a whopping $4.7 billion!

In a monumental shift in the sports ownership landscape, Rogers Communications has officially announced its decision to buy out Bell Canada Enterprises' 37.5% stake in Maple Leaf Sports & Entertainment (MLSE) for a staggering $4.7 billion. This strategic acquisition propels Rogers to a dominant 75% ownership in MLSE, which is not just a company; it’s the heart and soul of Toronto's professional sports scene, proudly holding the reins to iconic franchises such as the NHL's Toronto Maple Leafs, the NBA's Toronto Raptors, and Toronto FC of Major League Soccer.

The deal comes at a time when sports fans are eager for more entertainment options, and the tension in the telecommunications market heightens the competition. Rogers, with its newfound majority stake, is poised to make significant changes that could enhance the fan experience across these beloved teams. According to industry insiders, we might see a whole new array of offerings, integrating Rogers’ technology and network capabilities to enrich how fans engage with their teams, be it through improved broadcasting quality or innovative mobile apps.

But it’s not just about profits and ownership stakes. The significance of such a deal stretches beyond the boardroom walls, potentially reshaping the landscape for sports fans across the city. Rogers has hinted at plans to elevate the Toronto sports experience by possibly streamlining ticketing and broadcasting, which could make it easier for fans to catch their favorite teams in action from the comfort of their homes or while at the arena. After all, who wouldn’t want to stream live games in 4K while spectating from their couch and munching on some good old Canadian poutine?

Interestingly, this hefty transaction is part of a broader trend in the sports industry, where partnerships and acquisitions are becoming increasingly common. As major telecommunications companies recognize the profitability of sports ownership, fans could see more of these megadeals shaping the teams they cheer for. The potential for innovators like Rogers to harness technology and data analytics could unlock unprecedented fan experiences in the near future. But let's not forget that all this excitement wouldn’t have been possible without a sprinkle of friendly competition—making it a thrilling time for sports lovers in the Great White North!

And while we’re on the subject of acquisitions, did you know that for the past five decades, the Toronto Maple Leafs have been a centerpiece of the sports culture in Canada? And with Rogers’ ownership, our chances of finally seeing a cup raised could be more than just a wistful dream. Let’s keep our fingers crossed and our snacks ready for the upcoming seasons—go Leafs go!

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Image courtesy of "Powell River Peak"

Rogers Communications to buy out Bell's share of MLSE for $4.7 ... (Powell River Peak)

TORONTO — Rogers Communications Inc. is buying out Bell's 37.5 per cent share of Maple Leaf Sports & Entertainment for $4.7 billion, giving it 75 per cent ...

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Image courtesy of "Sportico.com"

Rogers Acquires 37.5% MLSE Stake From BCE for $3.5B (Sportico.com)

Rogers now owns 75% of MLSE, which is the parent company of Maple Leafs, Raptors and Toronto FC.

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Image courtesy of "CBC.ca"

Rogers to become majority owner of MLSE after buying Bell's stake ... (CBC.ca)

Rogers Communications has bought Bell out of its stake in Maple Leaf Sports & Entertainment, the company that owns the Toronto Maple Leafs and Toronto ...

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Image courtesy of "CityNews Toronto"

Rogers acquires majority MLSE stake from Bell in $4.7B deal (CityNews Toronto)

MLSE is the parent company of the NHL's Toronto Maple Leafs, the NBA's Toronto Raptors, Toronto FC of MLS and the CFL's Toronto Argonauts. It also owns the ...

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Image courtesy of "TSN"

Bell sells stake in MLSE (TSN)

Bell Canada Enterprises has reached a deal to sell its 37.5 per cent stake in Maple Leafs Sports and Entertainment to Rogers for $4.7 billion.

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Image courtesy of "Broadcast Dialogue"

Rogers to buy out Bell's ownership stake in MLSE - Broadcast ... (Broadcast Dialogue)

Rogers Communications has signed an agreement to buy Bell's 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion.

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Rogers Communications to buy out Bell's share of MLSE for $4.7 ... (Squamish Chief)

TORONTO — Rogers Communications Inc. is buying out Bell's 37.5 per cent share of Maple Leaf Sports & Entertainment for $4.7 billion, giving it 75 per cent ...

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Image courtesy of "CityNews Montreal"

Rogers acquires majority MLSE stake from Bell in $4.7B deal (CityNews Montreal)

(BCE)'s 37.5 per cent stake in Maple Leaf Sports and Entertainment (MLSE) for $4.7 billion. MLSE is the parent company of the Toronto Maple Leafs, the Toronto ...

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Image courtesy of "The Globe and Mail"

Rogers buys BCE's stake in MLSE for $4.7-billion (The Globe and Mail)

Parent company of Bell Canada says it will use the proceeds to pay down debt and expand its telecom network.

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Image courtesy of "Pique Newsmagazine"

Five things to know about Rogers deal to buy Bell's MLSE stake (Pique Newsmagazine)

TORONTO — Rogers has inched closer to having complete reign over the Toronto sports landscape, buying out Bell's 37.5 per cent share of Maple Leaf Sports ...

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Image courtesy of "Powell River Peak"

What the MLSE deal could mean for Toronto fans as Rogers ... (Powell River Peak)

TORONTO — One sports business expert thinks Rogers Communications Inc.'s landmark deal to acquire rival telecom BCE Inc.'s 37.5 per cent share of Maple Leaf ...

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Image courtesy of "Powell River Peak"

Five things to know about Rogers deal to buy Bell's MLSE stake (Powell River Peak)

TORONTO — Rogers has inched closer to having complete reign over the Toronto sports landscape, buying out Bell's 37.5 per cent share of Maple Leaf Sports ...

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Image courtesy of "St. Paul Journal"

What the MLSE deal could mean for Toronto fans as Rogers ... (St. Paul Journal)

TORONTO — One sports business expert thinks Rogers Communications Inc.'s landmark deal to acquire rival telecom BCE Inc.'s 37.5 per cent share of Maple Leaf ...

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Image courtesy of "Forbes"

Rogers To Become Majority Owner Of MLSE After $4.7B Buyout Of ... (Forbes)

For over a decade, Toronto's sports teams were owned by two telecommunications companies: Bell and Rogers. Maple Leafs Sports & Entertainment (MLSE) had ...

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Rogers Communications rachète la part de Bell dans MLSE pour 4 ... (LesAffaires.com)

Le président de MLSE, Larry Tanenbaum, par l'intermédiaire de sa société de portefeuille Kilmer Sports détient une participation de 20% dans MLSE après avoir ...

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Bell vend ses parts dans MLSE (RDS)

Rogers et Bell possédaient des parts égales de MLSE, qui détient les clubs torontois Maple Leafs (LNH), Raptors (NBA), Argonauts (LCF), Toronto FC (MLS) et ...

Qu'est-ce que l'accord entre Rogers, Bell et MLSE changera pour ... (Le Progrès de Coaticook)

TORONTO — Un expert en affaires sportives estime que l'accord historique conclu par Rogers Communications pour acquérir la part de 37,5 % détenue par son ...

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Rogers Communications achète les parts de Bell dans MLSE pour 4 ... (Noovo Info)

Rogers Communications s'est porté acquéreur de la participation de 37,5 % de Bell dans Maple Leaf Sports & Entertainment (MLSE) pour 4,7 milliards $, ce qui ...

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Rogers Communications to buy out Bell's share of MLSE for $4.7 ... (St. Paul Journal)

TORONTO — In buying out Bell's ownership share of Maple Leaf Sports & Entertainment, Rogers Communication is going all-in. Rogers announced Wednesday it is ...

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Image courtesy of "Squamish Chief"

Five things to know about Rogers deal to buy Bell's MLSE stake (Squamish Chief)

TORONTO — Rogers has inched closer to having complete reign over the Toronto sports landscape, buying out Bell's 37.5 per cent share of Maple Leaf Sports ...

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Image courtesy of "620 CKRM.com"

Rogers Communications to buy out Bell's share of MLSE for $4.7 ... (620 CKRM.com)

Rogers and Bell had held equal shares of MLSE, which owns the NHL Maple Leafs, NBA Raptors, CFL Argonauts, MLS Toronto FC and AHL Marlies. MLSE chairman Larry ...

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Image courtesy of "Powell River Peak"

Rogers Communications to buy out Bell's share of MLSE for $4.7 ... (Powell River Peak)

TORONTO — In buying out Bell's ownership share of Maple Leaf Sports & Entertainment, Rogers Communication is going all-in. Rogers announced Wednesday it is ...

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Image courtesy of "Squamish Chief"

Rogers Communications to buy out Bell's share of MLSE for $4.7 ... (Squamish Chief)

TORONTO — Rogers Communications Inc. is buying out Bell's 37.5 per cent share of Maple Leaf Sports & Entertainment for C$4.7 billion, giving it 75 per cent ...

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Image courtesy of "Powell River Peak"

What the MLSE deal could mean for Toronto fans as Rogers ... (Powell River Peak)

TORONTO — One sports business expert thinks Rogers Communications Inc.'s landmark deal to acquire rival telecom BCE Inc.'s 37.5 per cent share of Maple Leaf ...

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Image courtesy of "BradfordToday"

Five things to know about Rogers deal to buy Bell's MLSE stake (BradfordToday)

TORONTO — Rogers has inched closer to having complete reign over the Toronto sports landscape, buying out Bell's 37.5 per cent share of Maple Leaf Sports ...

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Image courtesy of "CTV News"

Rogers Communications to buy out Bell's share of MLSE for $4.7 ... (CTV News)

Rogers Communications Inc. is buying out Bell's 37.5 per cent share of Maple Leaf Sports & Entertainment for $4.7 billion, giving it 75 per cent ownership ...

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Image courtesy of "Raptors Republic"

Rogers to purchase Bell's stake in MLSE for $4.7 billion (Raptors Republic)

Rogers Communications will become the majority owner of Maple Leaf Sports and Entertainment after purchasing Bell Canada Enterprises' stake in the company ...

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