TORONTO – Bell Canada and Larry Tanenbaum's Kilmer Group are jointly acquiring the CFL’s Toronto Argonauts from sports entrepreneur David Braley. Financial terms of the transaction, expected to close on December 31, 2015, were not disclosed.
The team will begin leave the Rogers Centre and begin playing at BMO Field beginning with the 2016 CFL season. Located at Toronto's Exhibition Place and operated by Maple Leaf Sports & Entertainment, BMO Field is also home to MLSE-owned Toronto FC of Major League Soccer.
Bell Media's TSN and RDS sports networks have exclusive media rights to all CFL pre-season and regular season games, the playoffs, and the Grey Cup. The agreement includes TV broadcast, digital properties as well as radio rights for TSN Radio stations in Toronto, Ottawa, Montréal and Vancouver.
"Bell is proud to welcome the storied Argonauts club to our team. The Argos and the entire CFL are key to Bell Media's unbeatable array of sports content available to fans across broadband mobile, TV and Internet platforms," said George Cope, president and CEO of Bell Canada and BCE Inc., in Wednesday’s announcement. "Bell has made the industry-leading network and content investments required to deliver the best sports action across every screen consumers may choose. We look forward to cheering on the Double Blue as the 2015 CFL season begins next month on TSN and RDS."
