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Thread: Bell Or Rogers Going To Pay $2.25B For MLSE?

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    Administrator Apollo's Avatar
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    Default Bell Or Rogers Going To Pay $2.25B For MLSE?

    A Canadian-based sports banker familiar with the discussions on the sale of Maple Leaf Sports & Entertainment by the Ontario Teachersí Pension Fund says it is highly likely that either Bell Canada Enterprises or Rogers Communications will eventually pay $2.25 billion for MLS&E. This person spoke on the condition of because of anonymity because they are not authorized to disclose information on the talks.
    Source: Forbes

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    Super Moderator Joey's Avatar
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    That $2.25B has to be for MLSE in it's entirity.
    OTPP was only asking $1.7 for their portion.

    If that is the case, then that means that Tannenbaum is open to selling his portion.
    Or that is the assumption being made here it seems.

    ADD Although, that $1.6-1.7 was for 66%. They have since upped their share to 80%. So perhaps not actually.

    ADD I still find it amazing how people can say Toronto is a 'Small Market' and yet we are #10 Most Valuable Franchise in the League, behind only Power Houses like New York, LA, Chicago, Dallas, Boston, Pheonix, Miami, San Antonio and Houston. That is some GOOD company.
    Last edited by Joey; Sat May 14th, 2011 at 11:40 AM.
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    Just get 'er done. Except with that size of purchase, nothing happens quickly. Hopefully this has been in the works for weeks/months and most of the paperwork crap is put through.

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    Raptors Republic Icon mcHAPPY's Avatar
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    This has been one of the most interesting days a Raps fan in a while. Rubio rumours to MIN and OTPP possibly selling..... serenity.

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    Raptors Republic All-Star grindhouse's Avatar
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    I hopes its bell

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    Raptors Republic Veteran LBF's Avatar
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    Quote grindhouse wrote: View Post
    I hopes its bell
    i dno't know everything bell makes is usually expensive and shit box.


    i doubt they have any passion for sports. but,they do own ctv which subdivision is tsn.

    i'd rather have rogers who already has experience in the field of sports team ownership.

    but, what i pray for is for an individual owner to jump in and pull the rug out from underneath bell and rogers.
    If Your Uncle Jack Helped You Off An Elephant, Would You Help Your Uncle Jack Off An Elephant?

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    Super Moderator Joey's Avatar
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    Quote LBF wrote: View Post
    i dno't know everything bell makes is usually expensive and shit box.
    I pay $60 a month for Internet and Satellite from Bell and I've never once had a issue with it.
    I get NBATV, TSN2, SN1, NFL Network, National Geographic, Discovery, ALL HD, plus Internet for $60-ish a month.

    I remember hearing that Bell was garbage, but I think it's all Rogers propoganda. I've had a wonderful experience with Bell. haha
    "I just dunked. Got a little dunk. Thatís nice." Terrence Ross