Rogers Communications acquires full ownership of Raptors' parent company

Yahoo Sports1 min read • Latest: Jul 6, 2026, 6:00 PM

Last updated Jul 6, 2026

Rogers Communications acquires full ownership of Raptors' parent company
Summary

Rogers Communications Inc. has finalized a $4.35 billion agreement to acquire 100 percent of Maple Leaf Sports and Entertainment, the holding company for the Toronto Maple Leafs and Toronto Raptors. This purchase includes the remaining 25 percent stake owned by Kilmer Sports Inc. The agreement is pending league approvals and is expected to close at the end of 2026. This acquisition marks a significant shift in ownership for the organization.

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Key Details
  • Rogers Communications becomes full owner of Maple Leaf Sports and Entertainment.
  • Deal amount is $4.35 billion.
  • Purchase includes a 25 percent stake from Kilmer Sports Inc.
  • Closure of the deal is expected at the end of 2026.
  • Pending approval from the league.
Latest Updates
  • 6:00 PMYahoo SportsRogers Communications becomes 100 percent owner of Raptors' parent company
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Rogers Communications becomes 100 percent owner of Raptors' parent company

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