Parent company of Bell Canada says it will use the proceeds to pay down debt and expand its telecom network
Rogers is purchasing Bell Canada parent BCE’s 37.5-per-cent in MLSE , owner of the NHL’s Maple Leafs, NBA’s Raptors, CFL ’s Argonauts and MLS’s Toronto FC, after sharing ownership of the platform for the past 12 years.
Rogers also holds a 37.5-per-cent of MLSE and has the right to purchase MLSE chairman Larry Tanenbaum’s stake in the company in 2026. Rogers also owns Major League Baseball’s Toronto Blue Jays. The deal, subject to league and regulatory approvals, provides Bell with the opportunity to “renew its existing MLSE broadcast and sponsorship rights long-term at fair market value.” This includes access to content rights for 50 per cent of Maple Leafs regional games and 50 per cent of Toronto Raptors games for which MLSE controls the rights.
Mlse Cent Inc Rights Stake Maple Toronto CFL Toronto FC Rogers
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