Rogers Communications Inc. has announced an agreement to acquire the remaining 25% ownership stake in Maple Leaf Sports and Entertainment (MLSE) from Kilmer Sports Inc. for C$4.35 billion, bringing Rogers’ ownership to 100%. The transaction is subject to league approvals and is expected to close in Q4 2026. Rogers intends to finance the transaction with committed liquidity and plans to sell a minority stake in its consolidated sports, media, and entertainment assets over the following year
“This is a defining moment for Rogers. Our full ownership of MLSE brings together Canada’s premier communications company with Canada’s premier sports and entertainment organization,” says Tony Staffieri, President and CEO, Rogers. “It gives us even more opportunity to invest in championship-calibre teams, create unique experiences for customers and fans, and unlock long-term value for shareholders.”
“Sports is a great unifier, it rallies us and brings us together in a truly unique way,” says Edward Rogers, Executive Chair, Rogers. “Winning is everything for fans and we’re committed to investing to bring championships to Canada as a proud owner and long-term steward of these beloved teams.”
Beyond MLSE, Rogers’ sports portfolio includes the Toronto Blue Jays, Rogers Centre, and Sportsnet, along with strategic partnerships with the Vancouver Canucks, Edmonton Oilers, Calgary Flames, the NHL, the NBA, MLB, and Live Nation
