Wednesday, August 19, 2009

taking and talking ownership




Is Rogers going to sell the Jays? It's a steady rumour if you read some of the rumblings from
the Globe's Jeff Blair and the Star's Richard Griffin. If you combine that with this
month's Toronto Life feature on newly-minted Rogers CEO Nadir Mohamed (sorry no link!),
you get the idea that baseball is a distant priority in the Rogers empire.

It's no secret that Ted Rogers was pretty indifferent to the team, but still saw opportunities
to hawk various other Rogers products-particularly wireless-at the stadium and on the Rogers-owned Sportsnet. Mohamed may not share those feelings, and the current fire-sale in
place and unclear leadership situation under interim CEO Paul Beeston and (surely) soon-to-be-displaced J.P. Ricciardi suggest the dents and scratches are trying to be buffed out as quickly as possible.

So Rogers sells...but to whom? MLSE? It's difficult to think of another entity that would be down on splurging what would be a hefty amount of money on a sports franchise and stadium. The Jays and Skydome are the last piece of the puzzle in nailing down a pro-sports monopoly in town, one which could better usher in the Bills (and wipe away the Argos). MLSE has taken plenty of heat over its mis-handling of the Leafs, but now seems to be on a free-r spending autonomous path with more independent management of the club, not unlike the Raptors. Toronto FC remains an ongoing success story, though its more intimate stadium experience has a lot to do with that. Still, would the team be better off?

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