[Soshnick] BREAKING: Rogers Reaches Deal to Buy Bell’s 37.5% Stake in Maple Leaf Sports & Entertainment for $4.7B Canadian (~3.5B USD), giving it 75% of the Maple Leafs/Raptors parent company.
September 18, 2024
[Soshnick] BREAKING: Rogers Reaches Deal to Buy Bell’s 37.5% Stake in Maple Leaf Sports & Entertainment for $4.7B Canadian (~3.5B USD), giving it 75% of the Maple Leafs/Raptors parent company.
17 comments
No idea who this source is so maybe I should have flaired “Speculation” but this seems like some pretty big and not good news??
Edit: [Grange: Huge. Official confirmation expected shortly. W/ majority stake in MLSE, ownership of the Blue Jays and anticipated exit of Larry Tanenbaum (2026ish) from MLSE, Rogers is one of the most significant sports industry players on the planet and dominant in Canada.](https://x.com/michaelgrange/status/1836382645921407342?s=46&t=sbk6yuyliVaFRQjBUBJCMQ)
“Rogers already owned 37.5% of MLSE, and it puts a total valuation on the entity of $9.3 billion. Rogers also owns the Toronto Blue Jays, who are worth [$2.27 billion](https://www.sportico.com/feature/mlb-team-values-rankings-list-1234715821/), according to *Sportico*. Larry Tanenbaum owns the remaining 25% stake in MLSE, which also includes the Canadian Football League’s Toronto Argonauts.”
as long as larry has a stake and is involved at some level I feel better.
Rogers always been better than bell to me
Bell 160 dollar a month internet plan was huge rip off
Chat are we cooked? Also 4.7b seems cheap for the shares
Can we remember what we traded Siakam for?
Jakobe Walter
Bruce brown
More likely late 2026 first
These Masai dick riders still living in 2019
He’s made 2 good moves in 5 years
Scottie pick and Barrett and Quickley trade
Got basically nothing for most of all stars
I will stop being a Raptors fan if Edward Rogers has any involvement with this team. Absolute scumbag. Masai will walk for sure.
I fucking hate rogers. Their ownership of the jays, raptors, ane leafs leaves much to be desired and now they are looking to monopolize our pro sports franchises. This is not good for us fans of these teams who want to see a championship in our lifetime.
Sportsnet content will increase after TV current contracts expire. Didn’t Rogers/Bell have option to buy Larry out at some point? Not sure how I feel about Ed Rogers owing it all.
TSN is dust
That’s not good, that means we will be losing Jack! get this Garbage Outta Here!!!!!
If this was true bigger sources would have jumped on it right away…
I’m just more curious why Bell wants out. Seemed like they were the ones who invested more and took advantage of the partnership. With the Raptors Open Gym series and even having raptors mascots going out giving free tickets and give aways through their bell socials.
Rogers always seemed pretty non-exisitant in the partnership.
17 comments
No idea who this source is so maybe I should have flaired “Speculation” but this seems like some pretty big and not good news??
Edit: [Grange: Huge. Official confirmation expected shortly. W/ majority stake in MLSE, ownership of the Blue Jays and anticipated exit of Larry Tanenbaum (2026ish) from MLSE, Rogers is one of the most significant sports industry players on the planet and dominant in Canada.](https://x.com/michaelgrange/status/1836382645921407342?s=46&t=sbk6yuyliVaFRQjBUBJCMQ)
It’s Joever
Edit: [TSN now confirming as well](https://x.com/rwesthead/status/1836384116385755490?s=46&t=sbk6yuyliVaFRQjBUBJCMQ)
If this means no more TSN games and no more Matt and Jack I will be in SHAMBLES
This really leads onto the theory that Bell is going to own the Montreal expansion NBA team imo
I hate this.
We’re screwed if true
I’ll wait for someone legitimate to confirm this. Like breakfast television wouldn’t be pumping this if it’s true.
Edit it’s true https://financialpost.com/globe-newswire/rogers-to-become-majority-owner-of-maple-leaf-sports-entertainment
Meet the new boss, same as the old, shitty boss.
Im reading
“Rogers already owned 37.5% of MLSE, and it puts a total valuation on the entity of $9.3 billion. Rogers also owns the Toronto Blue Jays, who are worth [$2.27 billion](https://www.sportico.com/feature/mlb-team-values-rankings-list-1234715821/), according to *Sportico*. Larry Tanenbaum owns the remaining 25% stake in MLSE, which also includes the Canadian Football League’s Toronto Argonauts.”
as long as larry has a stake and is involved at some level I feel better.
Rogers always been better than bell to me
Bell 160 dollar a month internet plan was huge rip off
Chat are we cooked? Also 4.7b seems cheap for the shares
Can we remember what we traded Siakam for?
Jakobe Walter
Bruce brown
More likely late 2026 first
These Masai dick riders still living in 2019
He’s made 2 good moves in 5 years
Scottie pick and Barrett and Quickley trade
Got basically nothing for most of all stars
I will stop being a Raptors fan if Edward Rogers has any involvement with this team. Absolute scumbag. Masai will walk for sure.
I fucking hate rogers. Their ownership of the jays, raptors, ane leafs leaves much to be desired and now they are looking to monopolize our pro sports franchises. This is not good for us fans of these teams who want to see a championship in our lifetime.
Sportsnet content will increase after TV current contracts expire. Didn’t Rogers/Bell have option to buy Larry out at some point? Not sure how I feel about Ed Rogers owing it all.
TSN is dust
That’s not good, that means we will be losing Jack! get this Garbage Outta Here!!!!!
If this was true bigger sources would have jumped on it right away…
I’m just more curious why Bell wants out. Seemed like they were the ones who invested more and took advantage of the partnership. With the Raptors Open Gym series and even having raptors mascots going out giving free tickets and give aways through their bell socials.
Rogers always seemed pretty non-exisitant in the partnership.