- Companies
- Maple Leaf Sports & Entertainment
Maple Leaf Sports & Entertainment Valuation, Funding & Investors
Maple Leaf Sports & Entertainment is valued at $15B as of July 2026.
Last Maple Leaf Sports & Entertainment valuation
$15B
Secondary · Jul 2026
Key investors in Maple Leaf Sports & Entertainment
About Maple Leaf Sports & Entertainment
Maple Leaf Sports & Entertainment Ltd. is a Toronto-based operator of professional sports franchises including the NHL Toronto Maple Leafs, NBA Toronto Raptors, and MLS Toronto FC alongside Scotiabank Arena and additional commercial real estate.
Founded
1931
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales, Advertising
Valuation
$15B (Jul 2026)
Maple Leaf Sports & Entertainment Valuation
Maple Leaf Sports & Entertainment is currently valued at $15B, based on its secondary sale in July 2026.
The $3.1B round was led by Rogers.
Maple Leaf Sports & Entertainment's valuation has grown 1.6x from $9.3B at its secondary sale in September 2024 to $15B in July 2026, across 2 priced rounds.
Maple Leaf Sports & Entertainment valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2026 | Secondary | $15B |
| Sep 2024 | Secondary | $9.3B |
Maple Leaf Sports & Entertainment Funding History
Maple Leaf Sports & Entertainment has 2 recorded secondary share sales and no primary funding rounds.
Maple Leaf Sports & Entertainment funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2026 | Secondary | Rogers (lead) | $3.1B | $15B | On July 6, 2026, Rogers Communications Inc. signed an agreement to acquire the remaining 25% ownership stake in Maple Leaf Sports & Entertainment (MLSE) from Kilmer Sports Inc. (owned by Larry Tanenbaum) for C$4.35 billion in cash, increasing Rogers' ownership to 100% and granting full control of the conglomerate. This transaction values MLSE at approximately C$17.4 billion, a significant increase from the C$12.5 billion valuation when Rogers acquired BCE's 37.5% stake in 2025. Rogers intends to finance the deal using its committed liquidity and existing credit facilities, with the transaction expected to close in Q4 2026 pending league approvals. Strategically, the deal consolidates Rogers' sports portfolio by adding the Toronto Maple Leafs (NHL), Toronto Raptors (NBA), Toronto FC (MLS), and Toronto Argonauts (CFL) to its existing assets including the Toronto Blue Jays (MLB), Scotiabank Arena, Coca-Cola Coliseum, BMO Field, and Sportsnet. Rogers first became an MLSE shareholder in 2012 after Ontario Teachers' Pension Plan sold control to Rogers and BCE, subsequently acquiring BCE's 37.5% interest in 2025 to reach 75% ownership before exercising its option to purchase Tanenbaum's remaining stake. MLSE operates five major professional teams and multiple venues in Toronto, representing a dominant presence in Canada's sports and entertainment landscape. |
| Sep 2024 | Secondary | Rogers (lead) | $3.5B | $9.3B | Maple Leaf Sports & Entertainment (MLSE) owns major Canadian sports franchises including the NHL's Toronto Maple Leafs, NBA's Toronto Raptors, MLS's Toronto FC, CFL's Toronto Argonauts, AHL's Toronto Marlies, and NBA G League's Raptors 905, along with Scotiabank Arena. On September 18, 2024, Rogers Communications agreed to acquire Bell Canada Enterprises' 37.5% stake in MLSE for C$4.7 billion ($3.5 billion USD), increasing Rogers' ownership from 37.5% to a controlling 75%, with MLSE chair Larry Tanenbaum holding the remaining 20% stake. The transaction implies a full valuation of MLSE at $9.3 billion USD. The deal, originally announced in 2011 when Rogers and Bell each bought 37.5% stakes, is subject to regulatory and league approvals and expected to close in mid-2025. Rogers, which also owns the Toronto Blue Jays and Sportsnet, emphasized the strategic fit with its sports and media assets, including a recent 12-year CDN $11 billion NHL media rights extension. Bell secured options to renew broadcast rights for 50% of Maple Leafs regional games and 50% of Raptors games at fair market value. |
Who has invested in Maple Leaf Sports & Entertainment?
1 investor has backed Maple Leaf Sports & Entertainment across its funding rounds, including Rogers.
Lead investors include Rogers.
Maple Leaf Sports & Entertainment Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Maple Leaf Sports & Entertainment investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Maple Leaf Sports & Entertainment
Maple Leaf Sports & Entertainment has acquired 1 company to date.
Last acquisition by Maple Leaf Sports & Entertainment was on December 13th 2017. Maple Leaf Sports & Entertainment acquired Toronto Argonauts Football Club for undisclosed valuation.
Latest Acquisitions by Maple Leaf Sports & Entertainment
| Description | Toronto Argonauts Football Club is a professional Canadian football team competing in the Canadian Football League's East Division. Based at BMO Field in Toronto, Ontario, the Argonauts play home games from May to November, drawing crowds to contests against rivals like Hamilton Tiger-Cats and Ottawa Redblacks. The club fields 45 active players, participates in the Grey Cup playoffs, and engages fans through community programs in the Greater Toronto Area. |
| HQ Country | |
| HQ City | Toronto |
| Deal Date | 13 Dec 2017 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Maple Leaf Sports & Entertainment acquisitions and their M&A valuation multiples. Start Free Trial | |
Maple Leaf Sports & Entertainment Competitors
Maple Leaf Sports & Entertainment competitors include listed companies like Keppel, Unibail-Rodamco-Westfield, Henderson Land and Emaar Development, and private ones like Suning Sports and Ligue de Football Professionnel.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $2.6B | - | ||
| Publicly listed | $4.7B | $1.4B | $16B | 4.4x | ||
| Publicly listed | $3.5B | $2.8B | $16B | 17.1x | ||
| Publicly listed | $3.3B | $1.1B | $16B | 7.0x | ||
| Publicly listed | $7.5B | $3.9B | $15B | 0.4x | ||
| Private | - | - | $13B | - |
Maple Leaf Sports & Entertainment Public Comps
Maple Leaf Sports & Entertainment is still privately-owned, but its public comps include Keppel, Unibail-Rodamco-Westfield, Henderson Land, Emaar Development, Omega Healthcare Investors, Sekisui House, DLF, NVR, China Overseas Land & Investment and TKO.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.7B | $1.4B | 5.1x | 4.4x | 16.9x | 23.6x | |||
| $3.5B | $2.8B | 12.9x | 17.1x | 16.4x | 17.9x | |||
| $3.3B | $1.1B | 7.6x | 7.0x | 22.4x | 23.8x | |||
| $7.5B | $3.9B | 0.5x | 0.4x | 0.9x | 0.9x | |||
| $1.2B | $1.2B | 15.6x | 17.7x | 16.0x | - | |||
| $27B | $2.7B | 0.9x | 0.9x | 9.1x | 9.7x | |||
| $817M | $208M | 19.7x | 17.0x | 77.6x | 73.3x | |||
| $10B | $1.8B | 1.6x | 1.7x | 9.1x | 11.2x | |||
This data is available for Pro users. Sign up to see all Maple Leaf Sports & Entertainment competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Maple Leaf Sports & Entertainment
| When was Maple Leaf Sports & Entertainment founded? | Maple Leaf Sports & Entertainment was founded in 1931. |
| Where is Maple Leaf Sports & Entertainment headquartered? | Maple Leaf Sports & Entertainment is headquartered in Toronto, Canada. |
| Is Maple Leaf Sports & Entertainment publicly listed? | No, Maple Leaf Sports & Entertainment is a private, VC-backed company. |
| What is Maple Leaf Sports & Entertainment's valuation? | Maple Leaf Sports & Entertainment was last valued at $15B in its secondary sale in July 2026. |
| Who are Maple Leaf Sports & Entertainment's investors? | Maple Leaf Sports & Entertainment's investors include Rogers. |
| Which companies are comparable to Maple Leaf Sports & Entertainment? | Companies comparable to Maple Leaf Sports & Entertainment include Suning Sports, Keppel, Unibail-Rodamco-Westfield, Henderson Land, Emaar Development and Ligue de Football Professionnel. |
| How many companies has Maple Leaf Sports & Entertainment acquired? | Maple Leaf Sports & Entertainment has acquired 1 company, including Toronto Argonauts Football Club. |
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