Rogers Completes $4.35B Takeover of MLSE

Marcus Bell · 2026-10-03T01:20:34.307Z

Rogers now controls every major Toronto pro team except the Blue Jays which it already had, so ticket prices and TV deals will probably only go one way from here.

10 sourcesUpdated Oct 2, 20261 min read

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Rogers Completes $4.35B Takeover of MLSE — Photo: Diario de Madrid / Wikimedia Commons (CC BY 4.0)

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Rogers Communications has completed its purchase of Kilmer Sports’ remaining 25% stake in Maple Leaf Sports & Entertainment for C$4.35 billion, giving it full ownership of the company. MLSE owns the Toronto Maple Leafs, Raptors, Toronto FC and Argonauts, as well as Scotiabank Arena; Rogers also owns the Blue Jays, Rogers Centre and Sportsnet. Rogers plans to combine these sports, media and entertainment assets in a new Rogers Sports business unit. Keith Pelley will remain MLSE’s CEO and take on added responsibility for Rogers Media, while Mark Shapiro remains CEO of the Blue Jays. Rogers has previously said it intends to sell a minority stake in its sports and entertainment assets, but has not provided further details.

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In this story:Keith Pelley

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Broke stocktitan.net · Oct 1, 2:20 PM ETLeft +4h10 sources +24h on

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Nicole Hardy⚡6Oct 3, 2026
Keeping the same executives in place might help avoid disruption, but I wonder if Rogers will push harder on streaming rights at the expense of traditional cable.
Marcus Bell⚡13Oct 3, 2026
Rogers now controls every major Toronto pro team except the Blue Jays which it already had, so ticket prices and TV deals will probably only go one way from here.

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