Rogers Communications completes C$4.35B MLSE buyout
A planned Rogers Sports unit will bring MLSE, the Blue Jays and Rogers’ other sports, media and entertainment businesses together.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Rogers Communications Inc. completed its acquisition of the remaining 25% ownership stake in Maple Leaf Sports & Entertainment (MLSE) from Kilmer Sports Inc. for C$4.35 billion, bringing Rogers’ ownership to 100%. MLSE includes the Toronto Maple Leafs, Toronto Raptors, Toronto FC, Toronto Argonauts, development teams affiliated with Toronto’s NHL and NBA franchises, Scotiabank Arena and its partnership with Live Nation.
Rogers said it will create Rogers Sports to bring together its sports, media and entertainment businesses, including MLSE and the Toronto Blue Jays. Its existing portfolio also includes Rogers Centre, Sportsnet, over 30 television networks and over 40 radio stations. Rogers said it will build an operating model for the new unit; during the interim, it remains business as usual. Keith Pelley remains MLSE’s president and CEO and takes on additional accountability for Rogers Media effective immediately; Mark Shapiro remains president and CEO of the Blue Jays.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Major pointMLSE ownership reaches 100% after the acquisition of the remaining 25% stake.
Negative
- None.
Key Figures
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much did RCI pay for the remaining MLSE stake?
Which teams and venues are part of MLSE?
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of October, 2026
Commission File Number 001-10805
ROGERS COMMUNICATIONS INC.
(Translation of registrant’s name into English)
333 Bloor Street East
10th Floor
Toronto, Ontario M4W 1G9
Canada
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☐ Form 40-F ☒
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| ROGERS COMMUNICATIONS INC. | ||||
| By: | /s/ Marisa Wyse | |||
| Name: | Marisa Wyse | |||
| Title: | Chief Legal Officer | |||
| and Corporate Secretary | ||||
Date: October 1, 2026
Exhibit Index
| Exhibit Number |
Description of Document | |
| 99.1 | News Release dated October 1, 2026 – ROGERS COMPLETES ACQUISITION OF MAPLE LEAF SPORTS & ENTERTAINMENT | |
Exhibit 99.1
ROGERS COMPLETES ACQUISITION OF MAPLE LEAF SPORTS & ENTERTAINMENT
Will invest to build championship-calibre teams
Will invest to deliver world-class experiences to fans and customers
Becomes global communications, sports and entertainment leader
TORONTO, ON (October 1, 2026) – Rogers Communications Inc. announced today that it has completed the acquisition of Maple Leaf Sports & Entertainment (MLSE), increasing its ownership of MLSE to 100%. Rogers acquired the remaining 25% ownership stake in MLSE from Kilmer Sports Inc. for C$4.35 billion.
“We’re proud to bring these beloved teams together with the rest of Rogers to deliver more for fans, audiences, and customers,” said Tony Staffieri, President and CEO, Rogers. “We know how much these teams mean to fans and we are fully committed to investing to build championship-calibre teams, to enhancing the fan experience, and to delivering compelling experiences for our customers,” added Staffieri.
MLSE includes the Toronto Maple Leafs (NHL), Toronto Raptors (NBA), Toronto FC (MLS), Toronto Argonauts (CFL), the development teams affiliated with Toronto’s NHL and NBA franchises, Scotiabank Arena, and its partnership with Live Nation. Rogers current sports and entertainment portfolio includes the Toronto Blue Jays, Rogers Centre, Sportsnet, along with over 30 television networks and over 40 radio stations.
“MLSE has some of the most iconic sports teams, they are part of the fabric of our communities and our country,” said Edward Rogers, Executive Chair, Rogers. “Sports fans invest more than their money into their teams, they invest their time, passion and dreams. Their investment is personal and so is our responsibility.”
Rogers will create a new business unit, Rogers Sports, that brings Rogers sports, media and entertainment businesses together including MLSE and the Toronto Blue Jays. Now that we have completed the acquisition, Rogers will now build the best operating model for Rogers Sports.
During the interim, it remains business as usual. Keith Pelley will remain President and CEO of MLSE and Mark Shapiro will remain President and CEO of the Toronto Blue Jays. Pelley will take on additional accountability for Rogers Media effective immediately.
“Individually, these are extraordinary teams, brands and businesses. With communications, sports and entertainment together, it makes Rogers a truly world-class company that cannot be replicated,” added Staffieri.
About Rogers Communications Inc.
Rogers is Canada’s communications, sports and entertainment company and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more information, please visit rogers.com or about.rogers.com/investor-relations.
For further information:
Media Relations
media@rci.rogers.com
1-844-226-1338
Investor Relations
investor.relations@rci.rogers.com
1-844-801-4792