The deal gives Rogers Communications full ownership of teams in four of the five biggest North American leagues and sets stage for a minority sale.

MLSE owns the Toronto Maple Leafs hockey team, Toronto Raptors basketball team, Toronto FC soccer team and the Toronto Argonauts football team.

Rogers Communications said it signed a $4.35 billion agreement to purchase Kilmer Sports' 25 per cent ownership in MLSE. Keep reading here.