ponder719
The same New Era as before
Rogers Acquires 37.5% Maple Leaf Sports Stake From Bell for $3.5B
Rogers now owns 75% of MLSE, which is the parent company of Maple Leafs, Raptors and Toronto FC.
www.sportico.com
Unless there is some sort of clause that covers Rogers not opposing a Toronto 2, I don't see that being a possibility. If we beleive Bell saying they did this to pay down debt they would have to spend $2 billion to get a new team.How long before they start talking about Toronto 2? I mean aside from right now by us crazies. Mainly the media. How long before they do it?
I just don't see why Bell would sell from an established monopoly only pay a big price for a startup. Unless they were also trying to get an NBA expansion team in Montreal. But they would also have to sell their stake in the Habs to do Toronto 2 as well.I get the idea of Toronto 2 opening up, but I don't see a party paying that kind of money for part of a monopoly of Southern Onatario being okay with said monopoly being broken up.
Tanenbaum will be out in the next few years. Hes been trying to get out for awhile already.Yeah, if anything, this makes it harder for Toronto 2, not easier. The path there, as far as I could tell, was always for Rogers and Bell to split the baby, not for Bell to just divest entirely. Now, Rogers (and Tanenbaum) are the sole opposition, and they're not giving up territorial rights without a massive payday attached.
Tanenbaum will be out in the next few years. Hes been trying to get out for awhile already.
His share is probably worth less today. In a potential Bell- Rogers pissing contest that share had value as it could put one of them over 50%. Now its a true minority interest with a controlling partner. I assume shareholders agreements included a valuation methodology if Bell/Rogers wanted to buy him out but certainly less value in a 3rd party sale todayTanenbaum will be out in the next few years. Hes been trying to get out for awhile already.
Yup I'll be shocked if it doesnt happen. Then Rogers can roll the Jays into the MLSE brand.And one of the things I read suggests that Rogers has right of purchase for Tanenbaum's stake coming up in 2026, so they may end up as sole owners by then.
Tanenbaum is out in 2 yearsYeah, if anything, this makes it harder for Toronto 2, not easier. The path there, as far as I could tell, was always for Rogers and Bell to split the baby, not for Bell to just divest entirely. Now, Rogers (and Tanenbaum) are the sole opposition, and they're not giving up territorial rights without a massive payday attached.
Yep. It makes sense - they have effectively everything else that matters in terms of sports, and aside from regional TV contracts that are blacked out, they have nothing in terms of winter sports that actually matters to Canadians other then the NFL. And considering that Rogers has very publicly whined about how much of an albatross the Canadian TV contract is...who else is there to pick up the pieces?it really feels like Bell/TSN is loading up to get the TV rights for the NHL in Canada
that ship sailed a long time ago. 1) what will the NHL gain? New fans? Not likely. If they are going to expand it is going to be in an untapped market. Time to have this would have been prior to WW2. When you had 2 teams in NYC, Montreal. Now? If the Mets or Yankees didnt exist, doubt MLB puts a 2nd team in the market. Same for Jets/Giants, Cubs/White Sox.How long before they start talking about Toronto 2? I mean aside from right now by us crazies. Mainly the media. How long before they do it?
Yep. It makes sense - they have effectively everything else that matters in terms of sports, and aside from regional TV contracts that are blacked out, they have nothing in terms of winter sports that actually matters to Canadians other then the NFL. And considering that Rogers has very publicly whined about how much of an albatross the Canadian TV contract is...who else is there to pick up the pieces?
There is definitely going to be 3-4 providers for the next NHL Canada deal. I think Amazon, Rodger & Bell are a lock considering their recent trends. Will be interesting to see if there will be more parties involved.Apple/Amazon/Netflix
Apple already has MLS rights. Amazon has picked up NHL Monday nights starting this year, plus Thursday night NFL. Netflix hasn't (that I'm aware of) gone into live sports, but it's not much of a stretch to imagine it.
I have major doubts that as much as those entities are chomping at the bit to get in on the ground floor of sports broadcasting, that the entire contract going digital would ultimately fly, especially from the feds and CRTC. Apple and MLS can get away with it considering the lower stature, and even then, Whitecaps/TFC/Impact games are still selectively rebroadcasted on TSN.Apple/Amazon/Netflix
Apple already has MLS rights. Amazon has picked up NHL Monday nights starting this year, plus Thursday night NFL. Netflix hasn't (that I'm aware of) gone into live sports, but it's not much of a stretch to imagine it.
US$9.3b valuation for MLSE
I have major doubts that as much as those entities are chomping at the bit to get in on the ground floor of sports broadcasting, that the entire contract going digital would ultimately fly, especially from the feds and CRTC. Apple and MLS can get away with it considering the lower stature, and even then, Whitecaps/TFC/Impact games are still selectively rebroadcasted on TSN.
Considering that we had people, including Conservative MP's, whining about not getting OTA Oilers SCF games because CBC had prior programming in June, and had to look on Sportsnet, how much more complaints are there going to be that your typical HNIC game in January is locked out because you don't have AppleTV+ and Amazon Prime? Already get that with the Jays on Friday Night Baseball on AppleTV, and that's at max three games a year.
Yeahhhh don't think Rogers is losing the NHL rights anytime soon, though I imagine they won't have everything next time.
Could Bell team up with someone else for a second Canadian NBA team?