The Toronto Maple Leafs have been sold
It's a historic day for Toronto Maple Leafs fans as their team has been sold in one of the most historic sports transactions in Cananda.
The Toronto Maple Leafs are a legendary original 6 team and are by far the most valuable team in Canada. Today, the Maple Leafs climb up the money ladder once again as Rogers has purchased Bell's remaining stake in the organization.
As per Josh Tupper from Blade of Steel, The deal was shared on X by Scott Soshnick of Sportico who shared the following details:
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.
This deal comes as a major shock as there had been no word that the team was on the market. Rumors have persisted that Bell would one-day have interest in adding their own team in the GTA. Selling the Maple Leafs would allow them to potentially do this as the NHL is rumored to be considering major expansion in the coming years.
This deal comes as a major shock as there had been no word that the team was on the market. Rumors have persisted that Bell would one-day have interest in adding their own team in the GTA. Selling the Maple Leafs would allow them to potentially do this as the NHL is rumored to be considering major expansion in the coming years.
Chris Johnston of TSN confirmed the news.
Rogers is now one step close to gaining 100% ownership of the Toronto Maple Leafs.
source: Blade of Steel
Toronto Maple Leafs officially sold in record transaction
| POLL | ||
Was this a smart move by Rogers? | ||
| Yes | 48 | 77.4 % |
| No | 14 | 22.6 % |
| List of polls | ||
MUST READ
TRENDING NOW
