: News Article:
Potential MLSE deal with Bell and Rogers and implications for the Habs
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12-09-2011, 10:23 AM
Join Date: Feb 2009
Originally Posted by
The Bell representative from the press conference just said that they will own 37.5% of the Leafs and that they will work with the NHL to retain the 18% they have in the habs
Bell owns 37.5% but 28.8 is actually own by Bell, the other percent is owned by the Bell Pension Fund and it is a non-controlling share. This sets in place that they can still own both Habs/Leafs.
What I wonder is, how many years left of the least for the rights to name the Toronto arena the Air Canada Center? Air Canada has no shares in the team or the arena as far as I know, they just bought the rights to naming the arena. Once that is up, I bet it gets renamed Rogers Arena or Bell Arena.
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