Canada Kicks Ass
Deal reached to sell Toronto sports empire

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Newsbot @ Fri Dec 09, 2011 12:24 pm

Title: Deal reached to sell Toronto sports empire
Category: Business
Posted By: QBall
Date: 2011-12-09 06:38:42
Canadian

   



QBall @ Fri Dec 09, 2011 12:24 pm

Better begin sounding the dirge for the CBC. While I'm sure the CRTC won't allow the new owners to shut out the CBC from broadcasting Leafs games completely, I doubt HNIC will ever show another Saturday night Leaf game or any game involving a high profile team vs the Leafs any other night ever again.

   



DrCaleb @ Fri Dec 09, 2011 1:43 pm

You say that like it's a bad thing. ;)

   



Thanos @ Fri Dec 09, 2011 2:43 pm

^ SZZZZZZZ-nap!

More Leafs games on TSN? Awesome. Gives me even more reasons not to watch TSN.

   



QBall @ Fri Dec 09, 2011 3:17 pm

DrCaleb DrCaleb:
You say that like it's a bad thing. ;)


Nah. Anything to further their demise and relieve the tax payer of this burden is a good thing.
I just wish someone would have purchased these teams who actually has a passion to win. As far as I see Rogers and Bell have a passion to make money, whether the team is successful or not is secondary. I would have preferred a Mark Cuban would have purchased the shares, but then again their aren't too many people in Canada with $1.3 billion sitting around. At least the bright spot is that the people who bought MLSE are Canadian.

   



PimpBrewski123 @ Fri Dec 09, 2011 5:58 pm

That's interesting that both Bell and Rogers are in on it.

At least, interesting in the negotiation for the rights to broadcast games.

   



QBall @ Sat Dec 10, 2011 7:15 pm

PimpBrewski123 PimpBrewski123:
That's interesting that both Bell and Rogers are in on it.

At least, interesting in the negotiation for the rights to broadcast games.


Any deal would have required CRTC approval. I don't believe that the CRTC would have approved if it was just one of them making the purchase. Besides, $1.3 billion is a huge chunk of change for just one of these companies.

   



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