Rogers To Assume 100% Control Of Raptors’ Parent Company

Rogers Communications, the Canadian communications/media giant that previously owned 75% of Maple Leafs Sport & Entertainment, has reached a deal to assume full control of the Raptors‘ parent company, per a press release from Rogers. Rogers held a 37.5% share of Maple Leaf Sports & Entertainment up until September 2024, when it bought out BCE (Bell)’s 37.5% stake in MLSE to increase its share of the company to 75%. The ownership agreement gave Rogers the right to buy out the remaining 25%, primarily held by Larry Tanenbaum‘s Kilmer Sports Inc. Previous reporting indicated that Tanenbaum was obligated to began that…