In what would be the biggest transaction in Canadian sport history, the Toronto Star is reporting that communications giant Rogers is in talks to buy the Toronto Maple Leafs in a deal worth more than $1 billion.
Citing anonymous sources, the Star says the sale would include the NBA's Toronto Raptors, Toronto FC of Major League Soccer and the Marlies, the Maple Leafs' American Hockey League minor hockey team.
Buying a majority stake in Maple Leafs Sports and Entertainment from the Ontario Teachers' Pension Plan would transform Rogers Communications Inc. (TSX:RCI.A), which already owns the Toronto Blue Jays, into one of the most powerful sports enterprises in North America.
"I know it's real," a top sports industry executive, who requested anonymity, told the Star. "I've heard it from Rogers at a high executive level and from MLSE at (the highest) level."
Sources say the deal would include the Leafs and Raptors TV stations, but not MLSE's real estate holdings.
Richard Peddie, MLSE's chief executive officer, declined comment.
"It's a shareholder matter," he told the Star. "I have not been involved in any discussions and I have no knowledge of it."
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Thread: Toronto Maple Leafs For Sale?
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12-01-2010, 09:01 AM #1The MacGuest
Toronto Maple Leafs For Sale?
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12-01-2010, 09:08 AM #2The Eating Machine!
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is Roger's a Canadian company?
If Kenpachi used his Bankai, Armageddon, Ragnarok, and every other form of the apocalypse would march from the depths of hell with their demonic legions of death.... then take one look at him and turn tail and run.
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12-01-2010, 09:19 AM #3The MacGuest
ya
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12-01-2010, 11:36 AM #4The Eating Machine!
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thoight so only Canadians can blow there money over a team unknown to most people
If Kenpachi used his Bankai, Armageddon, Ragnarok, and every other form of the apocalypse would march from the depths of hell with their demonic legions of death.... then take one look at him and turn tail and run.
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12-01-2010, 11:37 AM #5The MacGuest
shut it lol
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12-01-2010, 02:06 PM #6Kellie's Bitch
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nehe.. I'veen i have heard of that team
.. well are they gonna change the name of the teams also then..
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12-01-2010, 06:55 PM #7(< . . o . . PowerPill!
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Let's buy it!
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12-01-2010, 07:05 PM #8(S)WINNING!
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And who is most people? Hockey is huge in Europe and bigger than it's ever been in America and the Leafs have probably the biggest fan base of any team in the league.
Originally Posted by Ichigo Kurosaki
thoight so only Canadians can blow there money over a team unknown to most people
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12-01-2010, 07:10 PM #9The MacGuest
ya... lol but u forgot canada Originally Posted by Swinny
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12-01-2010, 07:13 PM #10(S)WINNING!
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Well... Canada's obvious, lol. Originally Posted by The Mac
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