Rogers communication made a huge announcement this morning as they have purchased the majority ownership of the Toronto Maple Leafs from Bell.
Rogers has purchased Bell's 37.5% ownership of the Leafs for an incredible $4.7 billion.
Rogers Communications has agreed to buy Bell's 37.5% interest in Maple Leaf Sports & Entertainment for $4.7B, giving Rogers a majority stake in Canada's most valuable sports empire and advancing Rogers executive chairman Edward Rogers' standing as one of Canada's most powerful sports industry executives.
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Fans are worried that by Rogers spending all this money on the ownership of the Leafs, they will have less money to spend when it comes time for the Blue Jays to make some big off-season signings.
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Was this a bad move by Rogers?
Yes
79
50 %
No
79
50 %
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