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Rogers Communications Gets Sports League Approvals for $3.43 Billion MLSE Stake Acquisition
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Rogers Communications Gets Sports League Approvals for $3.43 Billion MLSE Stake Acquisition
Jun 4, 2025 2:19 PM

05:08 PM EDT, 06/04/2025 (MT Newswires) -- Rogers Communications ( RCIAF ) received all sports-league approvals for the 4.7 billion Canadian dollar ($3.43 billion) purchase of BCE's (BCE) 37.5% stake in Maple Leaf Sports & Entertainment.

The National Hockey League, National Basketball Association, Canadian Football League, Major League Soccer and the American Hockey League, approved the deal, Rogers said Wednesday in a statement.

Rogers is boosting its stake in MLSE to 75%. The transaction is subject to approval by the Canadian Radio-television and Telecommunications Commission to buy an additional indirect stake in Toronto Raptors Network (NBA TV Canada), which represents a "very small portion" of the deal, Rogers said.

The deal for BCE's stake in MLSE was announced in September.

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