Last week, telecomms giant Rogers Communications became a majority owner of Maple Leafs Sports and Entertainment, putting them at the helm of the Toronto Maple Leafs and the Toronto Raptors. The historic deal ensures a huge chunk of Canada’s sports star power is now all in Rogers’ hands.

Bell did not require Rogers to prearrange payment for the purchase of its stake in Maple Leaf Sports & Entertainment in a structure that is relatively common in large acquisitions

Experts say rising team valuations and the desire to forge a legacy are likely at the heart of what motivated Rogers Communications Inc. executive chair Edward Rogers to bolster the company's portfolio of Toronto professional sports teams.

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By next year, if you want to watch something other than a Rogers-owned-and-operated team in Toronto, you have two alternatives – the Professional Women’s Hockey League or a two-hour drive to Buffalo