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Toronto Maple Leafs: Roger's Entertainment in Talks To Buy Franchise?

Josh ReindersDec 1, 2010

According to a recent report, talks are commencing on the potential sale of the Maple Leafs. The deal is reported to be over $1 billion total, closing in on the $1.3 billion area and would involve the Teacher's Pension Plan selling their sports assets to Rogers Communications.

According to unnamed sources in the report, the deal would include the sale of the Maple Leafs, their minor league affiliate the Marlies, the NBA Toronto Raptors and the major league soccer franchise the Toronto FC.

The addition of all four MLSE owned teams to Rogers would make it one of the more powerful sports enterprises in North America, adding to the already Rogers-owned Toronto Blue Jays.

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This is potentially huge news for Leaf fans and sports fans in general. Long considered one of the most untouchable franchises in North American sports, this potential move towards a sale could be a great thing for Leaf and Raptors fans.

Already showing a commitment to improving and building a winning roster on the Blue Jays, fans could be getting a new owner who has a more involved say in the day to day operations (in a positive way) even if it is in a limited scope (any involvement is more than the Teacher's Pension Plan has at the moment).

While comments were declined by both Rogers Communications and the Teacher's Pension plan, the fact that neither denied the reports should fuel speculation. This is the second blindside potential sale in as many days, as just yesterday reports of a Buffalo billionaire signing a letter of intent to buy the Buffalo Sabres.

For more information, please refer to the original TSN article.

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