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Rogers Pays $3.1 Billion to Buy Out Investor in NBA, NHL Teams

Rogers Pays $3.1 Billion to Buy Out Investor in NBA, NHL Teams
Bloomberg Markets Monday 06 July 2026, 12:17 UTC By Melissa Shin 1 min read
Key Points

Sports Rogers Pays $3.1 Billion to Buy Out Investor in NBA, NHL Teams Rogers Communications Inc. agreed to buy the remaining 25% stake in Maple Leaf Sports & Entertainment Ltd. for C$4.35 billion ($3.1 billion) from billionaire Larry Tanenbaum’s Kilmer Group, taking full ownership of Canada’s largest sports empire. The deal, which values MLSE at C$17.4 billion, completes a quest for Rogers to gain complete control of the parent of the Toronto Raptors basketball club and Toronto Maple Leafs...

Sports Rogers Pays $3.1 Billion to Buy Out Investor in NBA, NHL Teams Rogers Communications Inc. agreed to buy the remaining 25% stake in Maple Leaf Sports & Entertainment Ltd. for C$4.35 billion ($3.1 billion) from billionaire Larry Tanenbaum’s Kilmer Group, taking full ownership of Canada’s largest sports empire. The deal, which values MLSE at C$17.4 billion, completes a quest for Rogers to gain complete control of the parent of the Toronto Raptors basketball club and Toronto Maple Leafs hockey team.
Rogers (ORG) NBA (ORG) NHL Teams Sports Rogers (ORG) NHL Teams Rogers Communications Inc. (ORG) Maple Leaf Sports & Entertainment Ltd. (ORG) Larry Tanenbaum (PERSON) Kilmer Group (ORG) Canada (LOCATION) MLSE (ORG) Toronto Raptors (ORG) Toronto Maple (ORG)
Originally published by Bloomberg Markets Read original →

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