Rogers Communications (TSX:RCI.A) will pay C$4.7 billion to Bell to become majority owner of Maple Leaf Sports & Entertainment, the parent company that owns the Toronto Maple Leafs, Toronto Raptors and other sports properties. Rogers will buy BCE Inc.’s (TSX:BCE) 37.5 per cent stake in MLSE, subject to league approvals, the two telecommunications giants announced Wednesday. With the sale, Sportico reported the valuation of MLSE at US$9.3 billion.