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Rogers Takes Full Control of MLSE | NHL News
Description
Rogers Communications is set to take full control of Maple Leaf Sports & Entertainment for $4.35 billion, completing its acquisition of the remaining 25% stake and becoming the sole owner of Toronto’s premier sports franchises — including the Maple Leafs, Raptors, and FC. This wraps up a multi-year process that began last year, ending Larry Tanenbaum’s decades-long leadership, during which he helped build MLSE from scratch in 1998. Rogers, already a major player with the Blue Jays and NHL broadcasting rights, is positioning this as a historic move to unify media and sports power — pledging to invest in championship teams and elevate fan experiences. The deal, expected to close by end of 2026, will be partially funded by selling a minority stake in Rogers’ broader sports, media, and entertainment assets.
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