Leaf Sale Approved by NHL Board of Governors
The proposed sale of the Toronto Maple Leafs to Rogers and Bell has been approved by the NHL's board of governors.
The deal was announced late last year and rubber-stamped at the league's meeting in Las Vegas.
The $1.32 billion deal will see Rogers and Bell control 37.5 percent of Maple Leaf Sports and Entertainment, which also includes the Toronto Raptors, Toronto FC, the AHL's Toronto Marlies, and the Air Canada Centre.
Maple Leafs Chairman Larry Tannenbaum will see his stake in MLSE increased to 25 percent.