TORONTO – Rogers Communications Inc. says it has signed a deal to buy the remaining 25 per cent stake in Maple Leaf Sports & Entertainment it does not already own from Kilmer Sports Inc. for $4.35 billion.
Rogers chief executive Tony Staffieri called it a defining moment for the company.
MLSE owns the Toronto Maple Leafs hockey team, Toronto Raptors basketball team, Toronto FC soccer team and the Toronto Argonauts football team.
Get breaking National news
Get breaking Canada news delivered to your inbox as it happens so you won’t miss a trending story.
The transaction is subject to league approvals.
Rogers expects the deal to close in the fourth quarter of this year.
The company, which also owns the Toronto Blue Jays baseball team, has said intends to sell a minority stake in the consolidated Rogers sports, media and entertainment assets over the course of the next year.
This report by The Canadian Press was first published July 6, 2026.
Companies in this story: (TSX:RCI.B)
© 2026 The Canadian Press
